Orezone to reduce debt by $33m in 2023 and on target for Sonabel deal
At the end of last year, the Toronto-listed miner brought its new Bomboré gold mine in central Burkina Faso into production. Orezone can now start paying off its debt.
28/03/2023 at 15h52, by Africa Business+
And it is now also preparing for connection to the national grid of the Société nationale d’électricité du Burkina (Sonabel). This follows major difficulties in supplying the site under a contract with Genser Energy Burkina SA.
Recommended articles
Bank
09/01/2023 at 17h17, by Africa Business+
Coris Bank International maintains support for Orezone with covenant lite loan
The banking brand created and managed by Idrissa Nassa continues to support the Canadian company, which...
Mines
31/03/2022 at 16h24, by Africa Business+
Orezone awaits LNG import permit from Burkina Faso government
The Canadian junior plans to bring the Bomboré gold site in central Burkina Faso into production in...
Mines
05/01/2021 at 19h13, by Africa Business+
Coris Bank to finance the development of the Orezone gold mine
Inside information from Jeune Afrique Business+.
Mines
26/02/2020 at 22h42, by Gaëlle Arenson
Thirteenth gold mine in Burkina Faso: Orezone Resources reaches out to Coris Bank finance its debt
More than $150 million are needed to develop phase 1 of the project located in the region of Ouagadougou....