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Côte d’Ivoire’s gold ambitions face Koné’s commercial test

Gold pouring process. Photo by Bence Szemerey @ Pexels
Gold pouring process. Photo by Bence Szemerey @ Pexels
  • Koné produces 23,460 gold ounces in October.
  • New discoveries fuel growth, but profitability remains unproven.

 

YAMOUSSOUKRO, CÔTE D’IVOIRE — Côte d’Ivoire’s newest major gold mine is ramping up faster than expected, but its next challenge is proving that early gains can last.

Canadian-listed Montage Gold processed about 880,000 tonnes of ore at its Koné mine in October, producing approximately 23,460 ounces as its processing plant approached full operating capacity.

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