Restarts Casa Berardi After Multi-Day Wildfire Suspension

Orezone Restarts Casa Berardi After Multi-Day Wildfire Suspension

Orezone Gold (TSX: ORE) has restarted its Casa Berardi mine in Quebec, resuming operations on the evening of July 17 after a voluntary suspension prompted by a nearby wildfire.

The company announced it had halted work on July 14 as a precaution, following a fire that broke out roughly twelve kilometres southwest of the site on July 10.

The pause looks likely to leave a lighter mark than the stoppage might suggest. A skeleton crew stayed on site throughout, using the window to advance maintenance that had been scheduled for later in the year. Orezone now expects reduced planned downtime over the balance of 2026 as a result.

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READ: Orezone Produces 58,566 Ounces of Gold in First Full Quarter as a Multi Mine Producer

The company reaffirmed its production guidance of 62,000 to 67,000 ounces of gold from Casa Berardi for the year, with all-in sustaining costs still guided at US$2,600 to US$2,800 an ounce.

Casa Berardi, acquired in March, contributed 20,503 ounces in the second quarter, Orezone’s first full period as a multi-mine producer. Management has cast 2026 as a transition year, with third quarter output expected to soften before strengthening in the fourth as higher grade ore reaches the mill.

An updated life of mine plan is due in September.

Orezone Gold last traded at $2.11 on the TSX.

Information for this briefing was found via the sources and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
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