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2 clusters · 5 sources · 8 days · First seen · Last updated
Aya Gold & Silver mining expansion in Morocco
Overview
Aya Gold & Silver is expanding its mining operations in Morocco through strategic acquisitions and updated project valuations.
In early September 2026, the company acquired a 139 km² exploration permit portfolio near its Zgounder silver mine for 4 million Canadian dollars. This acquisition, which includes a 19 km² exploitation permit, is intended to facilitate exploration for copper and silver resources over the following 12 to 18 months.
Shortly thereafter, the company reported a significant increase in the valuation of its Boumadine polymetallic mine project. An updated preliminary economic study estimated the project’s net present value (NPV) at approximately $3.54 billion in its base case, more than doubling previous assessments. Under specific spot price scenarios, the NPV could reach $5.5 billion. This valuation increase is attributed to higher metal price assumptions, increased production volumes, and an extended operational lifespan of 14 years.
Entities
Timeline
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2 days ago
[BUSINESS] 3 sourcesAya Gold & Silver raises Boumadine mine valuation to $3.5 billionAya Gold & Silver has raised the valuation of its Boumadine mine in Morocco to $3.54 billion, driven by extended mine life and higher metal price assumptions.
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9 days ago
[BUSINESS] 2 sourcesAya Gold & Silver expands Moroccan mining footprint near ZgounderAya Gold & Silver has acquired a 139 km² exploration portfolio near its Zgounder mine in Morocco to expand its copper and silver operations.
Sources
barlamantoday.com · journalducanada.com · lemaroc360.com · lenouvelliste.ma · resourceworld.com