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Ivorian mining sector: Fortuna Silver Mines exceeds all expectations

23/01/2024
Source : ORISHAS FINANCE
Categories: Raw materials

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The Séguéla gold mine went into production in May 2023. Already, it exceeds all production expectations. The Canadian company behind this project highlights the considerable mining potential of Côte d'Ivoire.

The Séguéla gold mine announced that it delivered 78,617 ounces (2.29 tons) of gold in 2023. As a result, it far exceeded the company's initial forecasts. Fortuna Silver Mines, which went into production at the end of May 2023 and quickly demonstrated its potential by surpassing the initial estimate, which was based on production between 60,000 and 75,000 ounces. According to the Canadian company, combined with the performance of the Yaramoko gold mine in Burkina Faso, the company recorded a record production of 326,638 ounces of

gold.

For the year 2024, the company aims for estimated production between 126,000 and 138,000 ounces in Séguéla, while Yaramoko should contribute with 105,000 to 119,000 ounces. In sum, Fortuna's total production is expected to range between 343,000 and 385,000 ounces in 2024

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