Aya Gold & Silver Raises Boumadine Project Value to $3.5 Billion
Canada’s mining Company Aya Gold & Silver has revised up the after-tax net value of its Boumadine project in Morocco to $3.5 billion with soaring gold and silver price on the international market. The updated preliminary economic asse
Aya Gold & Silver's upward revision of the Boumadine project's after-tax net value to $3.5 billion reflects how elevated gold and silver prices are reshaping the economics of African mining assets, with the updated assessment citing a 93% internal rate of return and 0.7-year payback at $3,500/oz gold. For Morocco, the project's gold-silver-zinc-lead profile could strengthen mining's contribution to export earnings and attract further foreign investment into its extractive sector. The figures remain preliminary economic assessment estimates, so their realization depends on price assumptions holding and the project advancing through feasibility and permitting stages.
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