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New Found Gold Corp. declared commercial production at its 100% owned Hammerdown Gold Mine in Central Newfoundland on…
NFGCNew Found Gold Corp.
New Found Gold Corp. declared commercial production at its 100% owned Hammerdown Gold Mine in Central Newfoundland on August 19, 2026, following a sustained 60-day period meeting throughput, recovery, and grade criteria. The company produced 9,140 ounces of gold in the first eight months of 2026 at an average realized price of $6,271 per ounce. Hammerdown anticipates a production run rate of 20,000 to 25,000 ounces annually with all-in sustaining costs of approximately US$2,429 per ounce. The company operates in the gold mining industry.