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

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.Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.