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Golconda Gold boosts 2025 gold production by 69%, revenue hits $33.8M, plans Summit mine restart in 2026

Company Fundamentals
23 Apr 2026
GlobeNewsWire
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Bullish
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Golconda Gold reported a 69% increase in gold production for 2025, producing 13,020 ounces compared to 7,712 ounces in 2024, driven by higher ore mined and improved operations. Revenue rose to $33.8 million with a reduced operating cash cost of $1,534 per payable ounce. The company also advanced its Summit Property restart project, aiming to resume mining in Q2 2026, signaling growth and improved financial health. CEO Ravi Sood highlighted the transformational year and the positive impact on the company's balance sheet and future production plans.

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Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

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Crypto expert ZachXBT calls hardware wallets insecure and unreliable for serious use.

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