Largo began producing copper, gold, platinum and palladium concentrates in Q3 at its Maracás Menchen Mine in Brazil, with output of 108 tonnes of copper, 289 ounces of gold, 166 ounces of platinum and 291 ounces of palladium. Vanadium pentoxide (V₂O₅) production fell to 2,093 tonnes from 2,636 tonnes a year earlier, though the first nine months of 2026 rose 23% to 7,609 tonnes. The company cut its 2026 V₂O₅ production guidance to 9,500 to 10,500 tonnes from 10,500 to 12,000 tonnes, kept its sales guidance at 7,500 to 9,500 tonnes and raised its adjusted cash operating cost guidance to $5.00 to $6.00 per pound. Largo also signed a debt restructuring agreement with Banco Santander (Brasil), bringing about 58.4% of its commercial bank senior debt under restructuring arrangements, with a final maturity of March 2030.
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XAU/USD
• NeutralRelevance: low
| Market | Gold |
|---|---|
| Close on 10/29/2026 | 4,021.63 |
| Change that session | -1.13% |
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