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Eldorado Gold Provides 2026 Guidance; Three-Year Outlook Targets 40% Gold Production Growth; Skouries Construction Update
Globenewswire· 2026-02-19 22:01
(All dollar figures are in US dollars, unless otherwise stated) VANCOUVER, British Columbia, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (“Eldorado” or “the Company”) (TSX: ELD) (NYSE: EGO) today provides 2026 production and cost guidance, together with a three-year production outlook that reflects the Company’s near-term growth profile and step-change to a higher steady-state production level from 2027 onward. Consolidated 2026 cost guidance includes the Company’s current operating mines: t ...
Endeavour Silver Provides 2026 Guidance
Globenewswire· 2026-01-16 11:50
Core Viewpoint - Endeavour Silver Corp. has announced its consolidated production and cost guidance for 2026, highlighting a significant ramp-up in production from its Terronera, Guanaceví, and Kolpa mines, alongside planned capital and exploration expenditures [1][5]. Production and Cost Guidance - Silver production is projected to be between 8.3 and 8.9 million ounces, with gold output expected to range from 46,000 to 48,000 ounces. The Kolpa mine is anticipated to produce 22,000 to 24,000 tonnes of lead, 16,000 to 18,000 tonnes of zinc, and 650 to 750 tonnes of copper, contributing to a total of 14.6 to 15.6 million silver equivalent ounces [2][3]. - Consolidated cash costs for 2026 are estimated to be between $12.00 and $13.00 per payable silver ounce, while all-in sustaining costs (AISC) are projected at $27.00 to $28.00 per ounce, net of by-product credits [4][15]. Mine-Specific Details - At Terronera, throughput is expected to be 1,950 to 2,050 tonnes per day, with cash costs and AISC anticipated to be below company-wide averages due to higher production and improved efficiencies [7]. - Guanaceví's throughput is projected at 1,000 to 1,100 tonnes per day, with slightly lower grades expected, leading to a slight increase in cash costs and AISC compared to 2025 [8]. - Kolpa is forecasted to achieve throughput of 2,300 to 2,500 tonnes per day, with improvements in cash costs and AISC due to higher production and stronger base metal prices [9]. Capital Expenditures - The company plans to invest $91.0 million in sustaining capital across its mines, with significant allocations for mine development and infrastructure enhancements at Terronera and Guanaceví [21][22]. - At Kolpa, $26.5 million will be invested, including $16.7 million for growth capital to support a plant expansion aimed at increasing capacity [23]. Exploration Plans - Endeavour plans to allocate $25.9 million for exploration activities across various projects, including significant drilling programs at Terronera, Guanaceví, and Kolpa [26][27].
First Majestic Produces 7.9 Million AgEq Ounces in Q2 2025 Consisting of 3.7 Million Silver Ounces and 33,865 Gold Ounces; Announces Improved 2025 Production and Cost Guidance and Conference Call Details
Newsfile· 2025-07-08 21:54
Core Viewpoint - First Majestic Silver Corp. reported strong production results for Q2 2025, achieving 7.9 million silver equivalent ounces, a significant increase from the previous year, and has revised its 2025 production and cost guidance positively due to improved operational performance and metal prices [1][2][3]. Production Highlights - Total production in Q2 2025 reached 7.9 million AgEq ounces, consisting of 3.7 million silver ounces and 33,865 gold ounces, along with 16.1 million pounds of zinc and 9.0 million pounds of lead [1][3]. - Silver production increased by 76% year-over-year, from 2.1 million ounces in Q2 2024 to 3.7 million ounces in Q2 2025 [3]. - Silver equivalent production rose by 48% year-over-year, from 5.3 million AgEq ounces in Q2 2024 to 7.9 million AgEq ounces in Q2 2025 [3]. Operational Performance - The integration of the Los Gatos Silver Mine is progressing well, with identified synergies and opportunities [2]. - Operational performance at Santa Elena and San Dimas mines continues to meet or exceed expectations, benefiting from favorable metal prices [2]. - La Encantada is expected to improve in the second half of the year after a slower start [2]. Safety Performance - The consolidated Q2 2025 Total Reportable Incident Frequency Rate (TRIFR) was 0.52, below the target KPI of 0.70, indicating strong safety performance [4]. Mine-by-Mine Production Details - Los Gatos produced 2,436,722 AgEq ounces, including 1,524,949 ounces of silver and 706 ounces of gold, despite a weather-related power outage [6][9]. - Santa Elena produced 2,318,618 AgEq ounces, a decrease of 10% year-over-year, due to lower grade ores [12]. - San Dimas produced 2,464,029 AgEq ounces, a 17% increase year-over-year, with silver production up by 9% and gold production by 4% [12]. - La Encantada produced 628,105 ounces of silver, a 7% increase year-over-year, driven by a 20% increase in ore processed [12]. Updated 2025 Guidance - The company has increased its 2025 production guidance to 30.6 - 32.6 million AgEq ounces, a 7% increase from the original guidance [14]. - Silver production is now estimated to range between 14.8 to 15.8 million ounces, a 6% increase at the mid-point [18]. - Gold production is estimated to range between 135,000 to 144,000 ounces, a 2% increase at the mid-point [21]. - The 2025 capital budget has been increased by 7% to $193 million to support growth initiatives [24][19]. Capital Investments - The company plans to invest approximately $193 million in capital expenditures in 2025, with $76 million for sustaining activities and $117 million for expansionary projects [24]. - Key initiatives include upgrades at Santa Elena and early-stage development at the Navidad discovery [24].