Hemlo Mining produced 29,617 oz of gold in Q3 2026 as substation outage slowed ramp-up
Hemlo Mining reported Q3 2026 gold output of 29,617 oz; a substation outage constrained ramp-up until a replacement in December.
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what happened
According to TradingView, citing a press release from Hemlo Mining Corp. (HMMC), the company produced 29,617 oz of gold in the third quarter of 2026. It processed 342,000 tonnes at an average grade of 3.00 g/t with 95.0% recovery.
The company's attributable production was 25,652 oz, and attributable sales reached 29,830 oz. An electrical substation outage constrained the ramp-up, and a replacement is due in December 2026.
why it matters
For investors in gold miners, volumes and unit costs are key. Sales above production could support cash flow in the quarter, but the substation delay may pressure costs until the replacement arrives. Sustained gains in throughput and clearer cost disclosure will be the next signals to watch.
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sources
- Hemlo Mining Corp. (HMMC) Q3 Gold Output 29,617 oz — TradingView, 21 October 2026 at 10:30 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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