Overview
- Orezone produced 23,371 oz in Q3 with revenue of $68.9 million, adjusted EBITDA of $28.4 million, and liquidity of $115.3 million at September 30.
- Orezone’s AISC rose to $1,958/oz on higher Burkina Faso royalty rates, a stronger West African CFA franc, lower head grades and a delayed bullion sale.
- Hard‑rock Stage 1 at Bomboré is on budget with ore commissioning slated for November and first gold targeted for early December, and FY2025 output guidance of 115,000–130,000 oz is reaffirmed with AISC guided to $1,700–$1,800/oz.
- Dynacor delivered record quarterly sales of $100.5 million and record EBITDA of $9.0 million, producing 28,948 AuEq oz after processing 39,479 tonnes and posting a cash gross margin of $440 per AuEq oz sold.
- Dynacor recovered from two weeks of artisanal roadblocks in early July to run at full capacity from mid‑July and advanced growth projects, including integrating the Ecuador Svetlana plant toward first ore in Q4‑2026 and scheduling Senegal pilot processing for late Q1‑2026.