Golconda Gold Q3 revenue up, gold production rises

Golconda Gold

26/11/2025 22:09

Overview

Golconda Gold Q3 2025 revenue grows 16.9% compared to Q2 2025

Company increased gold production by 18% compared to Q2 2025

Golconda Gold repaid $500,000 of short-term loans, completing concentrate pre-payment facility

Outlook

Golconda Gold plans to add ore from Galaxy's 26 level in Q4 2025

Company targets Summit Mine restart in Q2 2026

Result Drivers

ORE MINING INCREASE - Golconda Gold mined 29% more ore in Q3 2025 compared to Q2 2025, contributing to higher production

PRODUCTION RAMP-UP - Galaxy site ramp-up led to record quarterly gold production, up 18% from Q2 2025, per CEO Ravi Sood

INFRASTRUCTURE PROGRESS - Significant progress on Galaxy shaft refurbishment, expected to add ore source in Q4 2025

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$9 mln


Press Release: ID:nGNXb2pK4w

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)