New Found Gold management commentary cites mine scheduling, grade and fuel costs as drivers of Q3 2026 production costs
NFGC•New Found Gold reported CAD 41.6 million in revenue and average realized gold price of USD 4,285 per ounce in Q3 2026. Hammerdown produced 4,863 ounces and sold 6,935 ounces, with cash costs of USD 2,887 per ounce and all-in sustaining costs of USD 3,279 per ounce produced.
1. Q3 production and costs
New Found Gold highlighted commercial production at Hammerdown as the key milestone in Q3 2026. The mine produced 4,863 ounces of gold and sold 6,935 ounces; revenue was CAD 41.6 million, with an average realized gold price of USD 4,285 per ounce. Cash costs were USD 2,887 per ounce and all-in sustaining costs were USD 3,279 per ounce produced. Management cited mine schedule reorganization, grade, infill drilling expenses, fuel surcharges and water treatment as cost drivers.
