Overview
- Orezone reported Q3 production of 23,371 oz, revenue of $68.9 million, adjusted EBITDA of $28.4 million, and liquidity of $115.3 million as of September 30, with cash increasing further in October.
- Bomboré’s Stage 1 hard-rock expansion was roughly 85% complete at quarter-end with ore commissioning scheduled in November and first gold expected in early December, supporting a 2026 output forecast of 170,000–185,000 oz.
- Orezone’s AISC rose to $1,958 per ounce on higher Burkina Faso royalties linked to the gold price, a stronger XOF, weather-limited pit access that lowered grades, and a delayed bullion sale.
- Dynacor produced 28,948 AuEq ounces and delivered record quarterly sales of $100.5 million and record EBITDA of $9.0 million after resolving two weeks of July road blockades and running at full capacity from mid-July.
- Dynacor closed the $9.75 million acquisition of the Svetlana plant in Ecuador with first ore targeted for Q4 2026, and its 50-tpd Senegal pilot plant is receiving modular shipments in mid-November ahead of first processing in late Q1 2026.