Orezone Gold Corp boosted production and revenue at its Bomboré gold mine in Burkina Faso during the first half of 2025, supported by rising global gold prices. The mine produced 56,236 ounces of gold from January to June 2025, up slightly from 55,663 ounces in the same period last year, the company reported on July 8.
Orezone generated $177 million in revenue during the first half, up from $123 million a year earlier. The latest quarter alone contributed $94.3 million to that total. Higher gold prices and increased sales volumes drove the revenue jump. In Q2 2025, Orezone sold 28,265 ounces at an average price of $3,338 per ounce, compared to 25,524 ounces at $2,334 per ounce in Q2 2024.
“Q2 was another solid operating quarter at Bomboré, with gold production in line with plan. The Company remains well-positioned to achieve its 2025 production guidance of 115,000-130,000 ounces, with Q4 expected as the strongest quarter.” said Patrick Downey, CEO of Orezone.
The company plans to commission a new processing plant at Bomboré in Q4 2025, which should further lift output. Looking ahead to 2026, Orezone targets 170,000 to 185,000 ounces in gold production as it ramps up operations.
This article was initially published in French by Emiliano Tossou
Edited in English by Ange Jason Quenum
• Global coffee consumption projected to hit a record 169.4 million 60-kg bags in 2025/2026, up from...
• Investors seem to keep focusing on yields, which are high for the moment• New Leadership might see...
• Algeria grants commercial 5G licenses to top three telecom operators: Mobilis, Djezzy, and Ooredoo...
• ECOWAS Bank funds 47.7-km stretch of strategic 700-km road project• Lagos-Calabar highway seen boo...
• IFC teams up with AfDB and Nigeria’s EbonyLife to assess a new fund for African cinema• Sector cou...
South Africa signs a bilateral agreement with Austria to boost technical and vocational education and training (TVET). The partnership promotes...
Burkina Faso promotes AI using local languages to increase inclusion. The initiative aims to train young technicians and expand digital...
Cauri Money launches Gajo Money, an e-wallet for the Cameroonian diaspora, targeting €120 million in transactions by end-2025. The fintech...
Angola launches a $300 million World Bank-funded project to tackle urban challenges. The project focuses on improving governance, housing,...
Located about 40 kilometers from Cape Town’s city center, Boulders Beach in Simon’s Town is one of the Cape Peninsula’s most iconic destinations. This...
The Gerewol tradition is a fascinating ritual celebrated by the Bororo Fulani, a nomadic community primarily located in Chad and Niger. This annual...