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Endomines Finland Plc (NASDAQ: PAMPALO) has reported higher gold production from its Pampalo mine during the first nine months of 2026, with output increasing 5.5% year-on-year.
Gold production for the January to September period totalled 13,546oz, up from 12,842oz in the corresponding period of 2025. During the third quarter, production reached 3,854oz, compared with 4,010oz in the same quarter last year.
The company noted that third-quarter production was impacted by mining lower-grade areas, resulting in a lower average grade for the period.
Despite this, Endomines maintained its outlook for full-year 2026, with gold production expected to increase 10% to 20% compared with 2025. Last year, the company produced 16,630oz of gold.
Kari Vyhtinen, CEO of Endomines, commented, “During July-September, our production included lower-grade areas, which impacted the average grade for the period. Our outlook for 2026 remains unchanged, and we continue to target 10-20% growth compared to the reference period. We are now aiming to achieve a quarterly production record in October-December. To support this objective, we transitioned to a continuous five-shift operating schedule in late August.”
The production figures are preliminary and may be subject to minor adjustments following final reconciliation.
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