Canadian miner Montage Gold is preparing an updated mine plan for its $800 million Koné gold project in Côte d’Ivoire, aiming to enhance production and extend the mine’s lifespan. Scheduled for commissioning in late 2026, the project is already positioned to become the country’s largest gold mine, with initial output projected at over 300,000 ounces annually.
Recent exploration success has significantly boosted the project’s resource base, adding 671,000 ounces to measured and indicated resources, bringing the total to 5.88 million ounces, alongside 1.56 million ounces of inferred resources. The company is now targeting higher production levels and improved operational efficiency, supported by a 90,000-meter drilling programme and a $14 million exploration budget.
The project aligns with Côte d’Ivoire’s strategy to increase gold production to 100 tonnes within the next decade. With rising global gold prices and ongoing investments, Koné is expected to play a central role in driving the country’s mining sector growth.
