Orezone Gold Corporation
ORZWF
Other OTC0.41
USD
- -
- -
Return %
Stock
S&P500
1Y
-23.89
26.53
3Y
-19.37
76.60
5Y
-19.37
80.11
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Basic Materials
- Industry
- Gold
- Address
- Similar Companies
- Business
- Orezone Gold Corporation (TSX: ORE; ASX: ORE; OTCQX: ORZCF) is a Canada-based West African gold producer engaged in mining, developing, and exploring its flagship Bomboré Gold Mine in Burkina Faso. The company operates open-pit mining and processing operations at Bomboré, including an oxide plant with nameplate capacity of 5.2 million tonnes per annum processing free-dig oxides and a stage 1 hard rock expansion featuring a 2.5 million tonnes per annum carbon-in-leach circuit, jaw crusher, SAG mill, and shared gold recovery facilities producing gold doré bars. Bomboré achieved commercial production from oxide operations in December 2022; stage 1 hard rock construction, approved by the board in July 2024, reached 85% completion as of September 2025 with ore commissioning in November 2025 and first gold in early December 2025, positioning combined oxide and hard rock output at 170,000-185,000 ounces in 2026. Founded in 2008 and headquartered at 505 Burrard Street in Vancouver, British Columbia, Orezone focuses on the acquisition, exploration, evaluation, development, and production of precious metal properties, primarily targeting gold reserves at Bomboré, which it owns at a 90% interest. The company serves institutional investors and gold markets through unhedged doré bar sales, with operations centered in Burkina Faso and supported by excellent infrastructure including paved highways and proximity to Ouagadougou. Recent developments include the August 2025 listing on the Australian Securities Exchange via an initial public offering of 65.8 million CHESS Depository Interests raising A$75 million, alongside a non-brokered private placement of C$64.8 million with cornerstone investor Nioko Resources Corporation. In December 2024, Orezone upsized its senior debt facility with Coris Bank International by XOF 35 billion through a Phase II term loan, with initial drawdowns supporting hard rock construction budgeted at $90-95 million. The company advances stage 2 hard rock expansion to 5.5 million tonnes per annum throughput, incorporating a ball mill, pebble crusher, thickener, additional carbon-in-leach tanks, and gold room upgrades to reach 220,000-250,000 ounces annually, accelerated ahead of original schedule.