The data issued by the company “Aya Gold and Silver”, specialized in mining, whose operations are mainly concentrated in Morocco, overcoming the volume of quantities produced in money in the kingdom of one million and 600 thousand ounces last year, despite “the rate of sales income for 9% compared to the year 2023″, reveals the intention of this Canadian actor ” 2025.
This Came in A Report of the Canadian Company, Revealing its Financial and Operational Results for the Expired Fiscal Year (2024) and the Last Quarter of it, in Which it announced the Reach of the Total Silver Produced One million and 646 Thousand and 265 OUCES IN 2024, Compared to one million and 970 THOUSAND and 646 ounces in 2023, Recording that this “is in line with the modified expectations Ranging from 1.6 and 1.8 million silver once.”
The same source highlighted a drop in income from money sales, because it amounted to $ 39.1 million last year, which was a 9% drop compared to what was achieved in this aspect in 2023; However, the average silver marketing price has reached $ 26.04 per ounce.
The report, which was seen by HESPRESS, drew attention to the increase in the volume of treated ore from 281.634 tonnes in 2023 to 358.919 tonnes last year, which represents an increase of 27%.
On the other hand, the same source has monitored an increase in production costs, as the average cost of each $ 19.62 $ 1 in 2024, against only 12.50 in the previous year.
It is intended to operate and extend achievements in the past year. The report invoked “the completion of the construction of the new factory (in the Zonkder mine), while announcing the start of commercial production by the end of the year”, benefiting that “work is still underway to increase grinding energy, while the factory has reached its maximum design capacity”.
The same source mentioned in achievements as well as updating the resources of the Bouladin mine in the Tafilalet castle, as the results of the exploratory program with costs of 2024 led to 5.2 million tonnes of money and 29.1 million tonnes as possible; While the same year, 15 new exploratory licenses took place in the same mine, “which increased the total area of the 117% project during the year”; He also recalled the announcement by the company of the gold project “Amzmiz” in the province of Al -Haouz, with the creation of a new exploration company specializing in yellow metal in North Africa, called “MX2 Mining Inc”.
It should be noted that the production of the Canadian Silver Company reached in the last quarter of the year 2024 its size of 497.310 thousand ounces; While the size of the transformed crude has reached 113.674 tonnes (1,236 tonnes per day) during the same period.
As for income, the report indicated that money sales made revenues of $ 9.3 million during the period mentioned (which is a drop of 16% compared to the same quarter of 2023), with the average price of success (the actual price that the ounce has been sold) reached $ 27.65 per or ounce.
At a separate level, the Canadian company specializing in silver and gold mines has revealed the main elements of its strategy for the current year, useful that it focuses mainly on the energy of the factory and mining, “to reach a fixed rate of 3,000 tonnes per day”, and confirmed its concern to rationalize costs.
In this context, the same actor in the mining sector expects the production of the “Zonknder” mine to vary from Moroccan aspects of Taroudant between 5.0 and 5.3 million ounces during the current year, registering that “costs should be higher in the first half of this year, provided they are gradually improving with the increase in production and impairment of the fixed rate” mentioned.
“Aya Gold and Silver” confirmed that with the operation of the new Zonknder factory, “money alloys will be produced and sold only from the second quarter of 2025”, which will be reinforced, according to her, the average price reached (the real price for sale) “, because the alloys reach a higher yield compared to the centers.”