Montage Gold Corp. has announced that it has received a signed Ministerial Order from the Ministry of the Environment, Sustainable Development and Ecological Transition of Côte d’Ivoire (the MoE) granting the environmental approvals necessary for the development of its Koné project. In addition, Montage has submitted the mining permit applications for the Koné project and anticipates receiving all necessary approvals during 2H24.
Prior to receiving the Environmental Permit, Montage team members were received by President Alassane Ouattara of the Republic of Côte d’Ivoire at a ceremony in Abidjan, during which the President reiterated the country’s support for the mining sector and the advancement of the Koné project given the positive benefits it can generate for all stakeholders.
Martino De Ciccio, CEO of Montage, commented: “We are very pleased with the significant progress being made to advance our Koné project towards a construction launch, with significant support received from local stakeholders, lenders, and shareholders. The receipt of the environmental permit marks a significant milestone in our permitting process and reflects the strong support received from numerous government agencies and local communities.
Furthermore, we were honoured to recently be received by President Alassane Ouattara of the Republic of Côte d’Ivoire at a ceremony in Abidjan, during which the President reiterated the country’s support for the mining sector and the advancement of the Koné project given the positive benefits it can generate for all stakeholders. It was an opportunity to reiterate our goal of becoming the partner of choice for stakeholders by leveraging our win-win approach focused on local content.
We look forward to continuing to build on the momentum created across our business to progress our strategy of creating a premier African gold producer, beginning in Côte d’Ivoire given the country’s highly favourable investment climate, significant geological potential, and our extensive experience in the region.”
