Hemlo Mining Corp. (TSX: HMMC) reported Q3 2026 gold production of 29,617 ounces from 342,000 tonnes processed at an average grade of 3.00 grams per tonne, higher than Q2 thanks to access to higher-grade stopes in the Interlake zone. Output was constrained by an outage of an underground substation serving the Alimak production area; the company relocated a substation from another area, and a replacement is due in December 2026. Compared with Q2, production drilling rose 35% and paste filling 13%, and the workforce now totals 555 full-time employees and 373 contractors. Seven pieces of mobile equipment worth about $8.5 million were delivered in the quarter. Q3 financial results are scheduled for release after market close on November 9, 2026.
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Related tickers and likely impact
XAU/USD
• NeutralRelevance: low
| Market | Gold |
|---|---|
| Close on 10/20/2026 | 4,125.21 |
| Change that session | -0.38% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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