Contango Silver & Gold Expects 2026 Production at Lower End of Guidance
Bitget2026/10/28 12:10- Contango Silver & Gold targets the lower end of its 2026 production guidance of 40,000 gold-equivalent ounces.
- The guidance reflects its 30% interest in the Peak Gold joint venture, with unit costs expected to remain consistent with second-quarter levels.
- Third-quarter unit cash costs are expected to be similar to second-quarter levels, reflecting processing delays, higher diesel costs and increased reagent consumption.
- Persistent heavy rain cut short Manh Choh’s third processing campaign, which ran from August 20 to September 24.
- Remaining ore will be processed during the fourth campaign, scheduled to begin in November.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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