• Galiano Gold plans to produce 140,000–160,000 ounces at Asanko in 2026, up about 25% from 2025.

• The company expects 80,000–90,000 ounces in the second half of 2026 as higher-grade ore from Abore ramps up.

• The guidance remains below the 180,000–210,000 ounces projected in January 2025.

Canadian miner Galiano Gold plans to increase gold production at its Asanko mine in Ghana by about 25% in 2026, supporting Ghana’s broader objective to sustain record national output.

Galiano Gold said in an operational report published late last week that it expects to produce between 140,000 and 160,000 ounces of gold at Asanko in 2026. The company reported 121,191 ounces for the 2025 financial year.

The company based its forecast primarily on the Abore deposit, which will supply most of the ore to the processing plant during the year. The company will also extract supplementary ore from the Esaase deposit, the mine’s other active pit. Galiano expects to concentrate production in the second half of 2026 and projects output of 80,000 to 90,000 ounces during that period.

“For the 2026 financial year, the gold production guidance announced at the annual general meeting ranges between 140,000 and 160,000 ounces. The progressive mining of higher-grade ore at Abore will occur during the year, which should concentrate gold production in the second half of the 2026 financial year. Gold production for 2026 should therefore increase by approximately 25% compared with the 2025 financial year,” said Matt Badylak, President of Galiano.

Although the company expects year-on-year growth, the new forecast remains below the 180,000 to 210,000 ounces that Galiano Gold outlined in its five-year outlook published in January 2025 for Asanko in 2026. The company did not provide details to explain the revision. However, the adjustment follows a downward revision of its 2025 guidance after an incident in September.

Despite the lower target relative to earlier projections, Asanko’s expected growth aligns with Ghana’s national trajectory. Ghana aims to produce 6.5 million ounces of gold in 2026 after reaching a record 6 million ounces in 2025.

This article was initially published in French by Aurel Sèdjro Houenou

Adapted in English by Ange J.A de Berry Quenum