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Hemlo Mining achieves initial gold pour at Hemlo gold mine in Canada
Yahoo Finance· 2025-12-19 09:46
Core Insights - Hemlo Mining has successfully completed its first gold pour at the Hemlo gold mine in Ontario, producing approximately 6,704 ounces of gold, marking one of the largest single pours at the site this year [1][2] Group 1: Company Performance - The company's plant performance, throughput, and metallurgical recoveries are aligning with its operational plan, indicating effective management and operational execution [2] - Hemlo Mining's president and CEO highlighted that the first gold pour represents a significant milestone for the company, achieved during a record gold-price environment while maintaining a focus on health, safety, and environmental standards [2][3] Group 2: Operational Strategy - Since the acquisition from Barrick Mining in November 2025, Hemlo Mining has initiated a targeted integration program emphasizing operational discipline, environmental responsibility, and a strengthened safety culture [3] - The company aims to position the Hemlo gold mine as a top-tier, responsibly managed Canadian gold mine with substantial potential for future expansion [4] Group 3: Future Outlook - Hemlo Mining plans to provide a detailed corporate update in early January 2026, which will include preliminary production results for the full year 2025 and additional information on ongoing operational initiatives [4]