Ivory Coast: Montage mobilizes 75 million dollars to accelerate the development of Didiévi

In its operational report published on August 11, Montage Gold states that it has taken this financing to support its development plans in Didiévi. The group has not disclosed the terms of the loan or the identity of the lender in the available information.

The project is located in Côte d’Ivoire, where Montage Gold has strengthened its presence after finalizing the acquisition of African Gold in April. This operation has allowed the Canadian group to increase its portfolio of gold assets in the country, particularly around Didiévi.

Montage Gold now presents this project as the next step in its mining development in Côte d’Ivoire. The $75 million financing is meant to continue the necessary work to advance the asset, although a specific timeline for its production has not yet been announced.

The group also does not specify, in the available elements, the exact allocation of funds between studies, exploration, infrastructure, and other development-related expenses for the project. The next steps will depend notably on the results of technical work and the required authorizations.