Investor Outlook: Koné gold mine begins production ahead of schedule - BNN Bloomberg

AI desk brief

Montage Gold says its Koné mine in Côte d’Ivoire has delivered first gold pour about six months ahead of the original Q2 2027 target and on budget, with commercial production expected later this quarter. The mine plan calls for roughly 350,000 oz/yr in the initial years, and CEO Martino De Ciccio said ramp-up has been strong and output could run above plan given higher-grade satellite deposits.

Montage also lifted resources to 8.3 million ounces from 5 million, with newly discovered ounces averaging grades 85% higher than the initial study. De Ciccio said the higher gold price environment should accelerate returns and support funding for the next growth project, Didievi, while pointing to supportive permitting, infrastructure and workforce readiness in Côte d’Ivoire.