In this conversation with Patrick Downey, President and CEO of Orezone Gold Corporation (TSX: ORE), we discuss why gold remains a strategic asset as central banks keep buying, ETF demand returns, and investors look for protection from debt, currency weakness, and lost purchasing power. Patrick also explains why he sees the recent stability in gold as a setup for another move higher.
Patrick breaks down Orezone’s shift into a two-mine producer after acquiring the Casa Berardi mine in Quebec, how the company is integrating the asset, and why Bomboré remains a long-life cash-flow engine. We also get into the Casa Berardi deal structure, the role of Franco-Nevada, exploration plans with up to 100,000 to 120,000 metres of drilling per year, and Orezone’s goal of growing from roughly 220,000 to 250,000 ounces this year toward 300,000 and eventually 500,000 ounces through organic growth.