Hemlo Mining Corp. Reports Third Quarter 2026 Financial and Operating Results - Yahoo! Finance Canada

AI desk brief

Hemlo Mining reported Q3 2026 attributable gold output of 25,652 ounces, up 2% quarter-on-quarter, despite an underground substation failure delaying its planned ramp-up. Non-IFRS site attributable AISC rose to US$2,660/oz from US$2,561, reflecting fleet investment; consolidated attributable AISC was US$2,858/oz. Higher-grade Interlake ore supported production, while power was restored by relocating another substation; a spare was expected in December 2026. Attributable output includes all Williams production and half of Interlake production. Further growth would depend on operational execution; these results primarily affect Hemlo’s outlook and do not establish a material directional bullion effect.