Montage Gold secures $825m financing from Wheaton and Zijin for its Koné project in Côte d'Ivoire.

Montage Gold has obtained an $825 million financing package from Wheaton Precious Metals and Zijin Mining to develop its Koné project in Côte d'Ivoire. This funding boosts Montage's total liquidity to $968 million. Wheaton will provide $625 million through a gold stream and a $75 million loan, while Zijin contributes $125 million. The project is expected to be a significant gold mine in West Africa, with production slated to begin in early 2027.

5 months ago
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