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    Montage–African Gold $170M deal: pit design and resource notes for mine planners

    November 28, 2025|

    Reviewed by Tom Sullivan

    Montage–African Gold $170M deal: pit design and resource notes for mine planners

    First reported on MINING.com

    30 Second Briefing

    Montage Gold is acquiring African Gold for US$170 million, adding the Didievi gold project in central Côte d’Ivoire to its portfolio. The deal consolidates control over a contiguous land package in a proven Birimian greenstone belt, close to existing regional processing and haulage infrastructure. For mine planners and geotechs, the transaction signals further drilling, resource definition and pit optimisation work at Didievi as Montage seeks to scale its West African development pipeline.

    Technical Brief

    • Didievi is described as an advanced exploration asset, implying existing drilling, metallurgical testwork and baseline studies.
    • Montage intends to integrate Didievi studies with its existing Côte d’Ivoire datasets for regional pit optimisation.
    • Consolidated ownership simplifies permitting, ESIA updates and mine infrastructure corridor planning across the combined licence block.
    • Single-operator control should streamline haul road, waste dump and tailings siting without cross‑boundary coordination.
    • Deal structure and timing suggest pre‑feasibility and resource upgrade workstreams will be front‑loaded post‑completion.
    • For West African gold developers, similar consolidation deals are increasingly used to rationalise overlapping Birimian exploration ground.

    Our Take

    Among the 83 Mining stories in our database, Côte d’Ivoire features less frequently than West African peers like Mali and Burkina Faso, so Montage’s move on African Gold’s Didievi project underscores that the country is becoming a more visible exploration and M&A destination.

    A $170M M&A deal around the Didievi project signals that exploration-stage or early-development assets in Côte d’Ivoire are now being priced at levels comparable to established West African gold belts, which may lift valuation expectations for nearby licence holders.

    With this transaction tagged under Projects and Contract Award in our coverage, Montage is positioning itself more as a project developer-operator in Côte d’Ivoire rather than a pure explorer, which typically changes how contractors, lenders and offtakers assess counterparty risk on future work packages.

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    Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.

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