Aya Gold and Silver CEO on Rising Margins as Zgounder Ramps Up

Video Description

Aya Gold and Silver (TSX: AYA) CEO Benoit La Salle joins Kitco Mining’s Investment Trends to discuss the company’s record performance and expanding footprint in Morocco. The company remains the only pure silver producer in the sector, anchored by the Zgounder mine, where a new 2,700 tonne per day plant has lifted total capacity to about 3,700 tonnes per day. The ramp-up helped deliver strong third-quarter results and rising margins as production scales. La Salle says silver’s rally is transforming profitability, “our lowest selling price right now in Q4 is $51,” which emphasizes margins above $30 per ounce and strong cash generation. He added that “The sector is extremely profitable,” as Aya targets roughly 6 million ounces of silver in 2025 and continues to strengthen its balance sheet. Looking ahead, the fully permitted Boumadine project is set to reshape the company’s profile. The planned 8,000 tonne per day operation is expected to produce more than 30 million ounces of silver equivalent annually, supported by EBRD financing and strong demand for concentrates. La Salle sees a clear path toward construction as updated studies and a major drill program advance through 2026. Don’t forget to subscribe to the Kitco Mining and Kitco News YouTube channels to stay up to date on the latest industry news and interviews. 00:22 - Aya Gold and Silver Overview 00:32 - Zgounder Expansion and Ramp-Up 03:04 - Silver Prices and Margins 06:05 - Zgounder Growth Plans 07:52 - Boumadine Project Update 12:12 - Morocco as a Mining Jurisdiction 16:01 - Boumadine PEA Highlights 25:51 - Aya Strategy and Outlook 31:01 - Closing Remarks __________________________________________________________________ Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices. Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com Stay connected with us X - https://x.com/KitcoMining Instagram - https://www.instagram.com/kitcomining LinkedIn - https://www.linkedin.com/company/kitco-mining Facebook - https://www.facebook.com/KitcoMining Connect with the Kitco Mining anchors Paul Harris - https://x.com/paulharrisgold For more in-depth mining coverage, visit us here - https://www.kitco.com/mining Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.