Africazine:
Montage Gold has made a significant move in Côte d’Ivoire’s mining sector by acquiring African Gold.
This acquisition brings the Didievi project into Montage’s portfolio, enhancing its presence in the region. The company is also progressing well with its Koné project, which is on-budget and ahead of schedule, with a first gold pour expected in late Q4 of this year.
Montage Gold Expands Its Portfolio in Côte d’Ivoire
The acquisition of African Gold marks a strategic enhancement for Montage Gold. By adding the Didievi project, the company strengthens its resource base in a country where it has already established a significant foothold. This move aligns with Montage’s ongoing efforts to develop its existing projects effectively.
Montage’s Koné project continues to show promising progress, with operations running smoothly. The company is focused on maintaining its timeline, aiming for the first gold pour by the end of the year, which reflects its commitment to delivering results in the Ivorian mining landscape.
Côte d’Ivoire: Key figures on Didievi project
- 0.0628 new Montage shares for each African Gold share issued to eligible shareholders
Future Developments for Montage Gold
- First gold pour from the Koné project targeted for late Q4 of this year
Montage Gold’s acquisition of African Gold positions it for greater success in Côte d’Ivoire’s mining industry.
