Montage pours first gold at Koné ahead of schedule

AI desk brief

Montage Gold poured first gold at its Koné mine in Côte d’Ivoire on Sept. 26, roughly two quarters ahead of its original Q2 2027 plan, with about 1,140 oz produced after more than 400,000 tonnes of ore were processed through the oxide circuit since Sept. 8. The mine is expected to reach commercial production by year-end and is designed to produce more than 300,000 oz over its first eight years, a meaningful new source of West African supply.

BMO called the milestone a major de-risking event as Montage transitions from developer to producer. The company says Koné has a 16-year mine life, measured and indicated resources have risen to 6.29Moz at 0.80 g/t Au, and it is pursuing 130,000m of drilling in 2026 to add higher-grade satellite deposits.