Aya Raises Zgounder 2026 Production Guidance to 5.6M–5.8M Ounces

Aya Gold & Silver raised its 2026 production guidance for the Zgounder operation to 5.6 million to 5.8 million ounces and set consolidated guidance at 6.6 million to 6.8 million ounces.

The company issued the update Nov. 12 alongside its third-quarter revenue and earnings results.

“Q3 was another record quarter for Aya with Zgounder and the Boumadine reclaim operation each achieving the highest production to date,” President and CEO Benoit La Salle said.

A preliminary economic assessment for the Boumadine project estimated its net present value at $3.5 billion. Management expects production to remain around current levels in 2027 and plans to keep the stockpile stable during an open-pit pushback. Higher stripping could slightly increase costs in the fourth quarter.