Aya Gold & Silver
- Company typePublic
- Founded2012
- HeadquartersBlainville, Canada
- Headcount251–500
- GTM typeB2B
- OfferingServices
Aya Gold & Silver firmographics
Firmographics- Name
- Aya Gold & Silver
- Legal name
- Aya Gold & Silver Inc.
- Website
- https://ayagoldsilver.com
- Company type
- Public
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Ownership category
- akta.pro rank
Aya Gold & Silver industry classification
Industry- Product category
- Silver Mining
- NAICS
- Gold Ore and Silver Ore Mining (212220)
- SIC
- Gold And Silver Ores (1040), Metal Mining (1000)
- akta.pro primary industry
- Silver Mining (IMAKAEAB)
- akta.pro secondary industries
- Gold Mining (IMAKAEAA), Precious Metals Ore Processing & Beneficiation (IMAKAEAD)
Keywords
Where Aya Gold & Silver is headquartered
LocationHeadquarters
- HQ city
- Blainville
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
Aya Gold & Silver business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Silver Production: Aya generates revenue primarily from selling silver doré bars produced at its Zgounder mine. Revenue from silver represents 100% of metal revenues. The company also derives some revenue from gold and base metals as byproducts from its polymetallic Boumadine project.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Silver and gold are sold at prevailing commodity market prices |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels8 records
Aya Gold & Silver product offering
Product offeringCore offering
Aya Gold & Silver is a precious metals mining company that produces and sells silver doré bars from its Zgounder Silver Mine in Morocco using a 3,650 tonnes-per-day flotation processing facility. Revenue is 100% derived from silver metal sales at the producing mine, with by-product gold and base metals contributions emerging from the development-stage Boumadine polymetallic project. Exploration and resource development are conducted along the Anti-Atlas Fault, one of Africa's most prospective and underexplored mining regions.
Product overview
Aya Gold & Silver is a Canadian precious metals mining company operating in Morocco with a portfolio of producing and development-stage mining assets. The company's core product is the Zgounder Silver Mine, a rare silver-only operation producing silver doré from an expanded 3,650 tonnes per day processing facility. The growth pipeline includes the Boumadine polymetallic project (gold-silver-lead-zinc) under feasibility study, and the Imiter Bis exploration project. All operations are focused along the Anti-Atlas fault, one of Africa's most prospective and underexplored mining regions.
Differentiator
Problem solved
Functional benefit
Products and services
- Zgounder Silver Mine A producing silver-only mine in Morocco operating a 3,650 tonnes-per-day flotation processing facility to produce silver doré bars. The mine has an extended 11-year life-of-mine plan through 2036 with projected average annual silver production of approximately 6 Moz and is the cornerstone asset that delivers 100% of Aya's metal revenue.
- Boumadine Polymetallic Project A district-scale polymetallic development-stage project in Morocco targeting gold, silver, lead, and zinc across a 341 km² footprint. The PEA outlines an 11-year mine life, a 47% IRR, a post-tax NPV of approximately $1.5 billion, and projected annual production of 401,000 gold-equivalent ounces over the first five years, with a life-of-mine revenue projection of $7 billion.
- Imiter Bis Exploration Project An early-stage exploration project in Morocco focused on silver, gold, zinc, and copper mineralization along the Anti-Atlas fault region, providing additional exploration upside to Aya's portfolio.
Quantifiable outcome
- Q1 2026 revenue of $117 million, up 247% year-over-year
- +5 more outcomes
Companies that use Aya Gold & Silver
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles2 records
Aya Gold & Silver technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Aya Gold & Silver partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- Lycopodium Minerals CanadacoreEngaged as a technical firm for the Boumadine feasibility study, contributing to project design and capital cost estimates for the 11-year mine operation.
- SRK ConsultingcoreTechnical consulting firm engaged for the Boumadine feasibility study, providing expertise in mining project development and evaluation.
- SGS CanadacoreEngaged for metallurgical testing and analytical services as part of the Boumadine feasibility study work.
- Epoch ResourcescoreTechnical firm engaged for the Boumadine feasibility study, contributing to project development planning.
- SLR ConsultingcoreEnvironmental and technical consulting firm engaged for the Boumadine feasibility study.
- Talisman MetalsminorTalisman Metals, through its subsidiary Horizons Mines, acquired the Tirzzit Copper Project from Aya Gold & Silver. The acquisition includes two mining licenses and is intended to expand Talisman's copper project pipeline near existing operations.
- Rallye Aïcha des GazellesminorAya Gold & Silver sponsored the Karibous du Sahara crew for the 2026 Rallye Aïcha des Gazelles, involving sisters Asmaa and Zineb Hammoudi. The sponsorship reflects the company's social commitment and ties to Morocco, promoting women's perseverance.
Scale indicators17 records
Recent moves11 records
Expansion highlights5 records
Aya Gold & Silver competitors and assessment
Company assessmentDirect peers
- MAG Silver Corp. MAG Silver is a pure-play silver development and exploration company focused on the Juanicipio project in Mexico. Highly comparable as a developer/producer focused primarily on silver exposure with growing production profile and Canadian-listed entity structure.
- SilverCrest Metals: SilverCrest Metals operates the Las Chispas silver-gold mine in Mexico and is a growth-stage precious metals producer with a focus on high-grade silver-gold mineralization. Comparable to Aya as a silver-focused mid-tier producer with expansion pipeline.
- First Majestic Silver: First Majestic Silver is a publicly traded silver and gold producer operating multiple mines in Mexico. Directly comparable as a silver-focused producer with similar revenue mix, mine portfolio structure, and investor base dynamics.
- Endeavour Silver Corp. Endeavour Silver is a mid-tier silver and gold producer operating mines in Mexico with a similar mid-cap profile and growth-by-acquisition strategy. Comparable as a silver-focused producer with multi-mine operations and exploration pipeline.
Broad incumbents
- Pan American Silver Corp. Pan American Silver is one of the world's largest primary silver producers with diversified mining operations across the Americas. Comparable as a large-scale silver and gold producer, though significantly larger and more diversified than Aya.
- Hecla Mining Company: Hecla Mining is the oldest U.S.-based precious metals mining company and a major silver producer operating mines in the Americas. Comparable as a primary silver producer with multiple operations and established North American investor base.
- Coeur Mining Inc. Coeur Mining is a well-established precious metals producer with silver and gold mining operations across North America. Comparable as a North American-listed silver-gold producer with multi-asset portfolio and growth development pipeline.
Regional players
- IAMGOLD Corporation: IAMGOLD is a Canadian mid-tier gold mining company with operations primarily in West Africa and Canada. Comparable as a Canadian-listed precious metals producer with African operating exposure, though primarily focused on gold rather than silver.
- Managem Group: Managem is a Moroccan-based mining group operating gold, silver, and base metals mines across Morocco and Africa. Comparable as a Morocco-based precious metals producer operating in the same jurisdiction with similar polymetallic asset base including silver production.
Emerging players
- SEMAFO Inc. SEMAFO (now part of Endeavour Mining after acquisition) was the prior company founded and led by Aya's CEO Benoit La Salle. Comparable as a West Africa-focused gold producer that grew from junior explorer to 250,000 oz/year under the same management now leading Aya.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Aya Gold & Silver social profiles
Digital presenceAya Gold & Silver financial estimates
Financial estimateRevenue estimate
Valuation estimate
Aya Gold & Silver leadership team
Management profileNumber of profiles
Profiles15 records
Aya Gold & Silver subsidiaries and ownership
Company hierarchySubsidiaries1 record
Aya Gold & Silver funding detail
Funding detailFunding overview
Funding rounds6 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Aya Gold & Silver M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Aya Gold & Silver
What does Aya Gold & Silver do?
Aya Gold & Silver is a precious metals mining company that produces and sells silver doré bars from its Zgounder Silver Mine in Morocco using a 3,650 tonnes-per-day flotation processing facility. Revenue is 100% derived from silver metal sales at the producing mine, with by-product gold and base metals contributions emerging from the development-stage Boumadine polymetallic project. Exploration and resource development are conducted along the Anti-Atlas Fault, one of Africa's most prospective and underexplored mining regions.
Is Aya Gold & Silver a public or private company?
Aya Gold & Silver is a public company. It is classified as public and is currently operating.
When was Aya Gold & Silver founded?
Aya Gold & Silver was founded in 2012. It employs 251 to 500 people.
Where is Aya Gold & Silver based?
Aya Gold & Silver is headquartered in Blainville, Canada, in the North America region.
How does Aya Gold & Silver make money?
One revenue line is on record: silver Production.
Who are Aya Gold & Silver's main competitors?
Direct peers on record are MAG Silver Corp., SilverCrest Metals, First Majestic Silver and Endeavour Silver Corp.. Broad incumbents are Pan American Silver Corp., Hecla Mining Company and Coeur Mining Inc.. Regional players are IAMGOLD Corporation and Managem Group. SEMAFO Inc. is listed as an emerging player.
Does Aya Gold & Silver have an API?
No public API is recorded for Aya Gold & Silver.
What industry is Aya Gold & Silver in?
Aya Gold & Silver's product category is Silver Mining. Its primary akta.pro industry code is IMAKAEAB, Silver Mining, with a secondary code of IMAKAEAA, Gold Mining. Its NAICS code is 212220 and its SIC code is 1040.