Golconda Gold reported record quarterly gold production of 4,301 ounces at its Galaxy Gold Mine for Q3 2026, up 18% from Q2 2026 and 20% from Q3 2025. CEO Ravi Sood said the company set records for ore tonnes mined and processed and for development metres. He attributed the gains to recent investment in underground mining equipment and surface infrastructure, which improved equipment availability and mining cycle efficiency, and expects further improvements in the fourth quarter of 2026. The company is an unhedged gold producer and explorer with operations in South Africa and New Mexico.
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