Starcore International Mines Ltd. Reports Q1 2026 Production Results with 2% Increase in Ore Milled but 25% Decrease in Gold Equivalent Ounces
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Starcore International Mines Ltd. reported its Q1 2026 production results, showing a 2% increase in ore milled but a 25% decrease in gold equivalent ounces produced, totaling 2,130 ounces. The gold grade fell by 6% quarter-over-quarter and 23% year-over-year, while silver grade decreased by 18% and 36%, respectively. Recovery rates for both gold and silver also declined. The company is making adjustments to optimize production and address issues related to carbonaceous shales affecting recoveries.
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