# Orezone Gold Reports Record Q3 Output and Reaffirms 2026 Guidance

- URL: https://stocks.freetheai.org/news/orezone-gold-reports-record-q3-output-and-reaffirms-2026-guidance-b16d42
- Published: 2026-10-14T10:30:00Z
- Category: company_news; sentiment: mixed; impact: medium
- Symbols: [TSX:ORE](https://stocks.freetheai.org/symbols/TSX-ORE)
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Orezone Gold Corporation (TSX:ORE) generated record third-quarter production of just under 60,000 ounces of gold in 2026. The company also reaffirmed its full-year 2026 production targets, maintaining its outlook despite facing an operational pause caused by wildfires at its Casa Berardi location during the quarter. Shares of Orezone traded down 4.97 percent to 3.06 CAD following the update.

Strong operational performance across facilities helped drive the record output. At Casa Berardi, processing throughput reached 4,195 tonnes per day, surpassing the planned 3,900 tonnes per day. Gold recovery rates at Casa Berardi reached 89 percent, topping the expected 84 percent plan. These efficiency gains provided operational momentum following the integration of the Casa Berardi asset, which carries a 14-year life of mine producing 116,000 ounces per year at an all-in sustaining cost of 1,877 dollars per ounce.

Management expects the fourth quarter of 2026 to be the company's strongest operating period of the year at both the Bomboré and Casa Berardi sites as mining reaches higher-grade ore zones. Investors will be monitoring whether Q4 output meets these higher production targets and how final cost data shapes margins relative to prevailing gold prices.

## Key points

- Orezone Gold Corporation delivered record third-quarter 2026 output of just under 60,000 ounces.
- The company reiterated its full-year 2026 production guidance despite a wildfire pause at Casa Berardi.
- Casa Berardi mill throughput averaged 4,195 tonnes per day with recoveries of 89 percent, exceeding plans.
- Management expects the fourth quarter of 2026 to be its strongest quarter due to higher-grade ore access.

## Questions and answers

### What was Orezone Gold's production in Q3 2026?

Orezone Gold Corporation reported record third-quarter 2026 production of just under 60,000 ounces of gold.

### Did Orezone Gold change its 2026 production targets?

No, Orezone Gold reiterated its full-year 2026 production guidance despite experiencing a temporary wildfire pause at its Casa Berardi operation during the quarter.

### Why does Orezone Gold expect a stronger fourth quarter?

The company expects Q4 to be its strongest quarter of 2026 at Bomboré and Casa Berardi due to gaining access to higher-grade ore.