Northwire Canada EditionFriday, November 13, 2026
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Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2% Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2%
Production / Operations

SOMA GOLD SIGNS AGREEMENT FOR SENSOR-BASED SORTING FACILITY AT ITS EL BAGRE OPERATION

Efficiency gains through technology offset recent labor volatility as Soma bets on sensor-based sorting to scale without massive CAPEX.

By The Northwire Desk — AI Analysis Dec 19, 2025 · 04:15 SOMA · 1.595 Soma Gold Corp.
Executive Summary

On December 19, 2025, Soma Gold Corp. announced a definitive agreement to purchase and install a sensor-based sorting (SBS) facility at its El Bagre operation in Antioquia, Colombia. The project budget is approximately US$2.2 million, with commissioning targeted for the first half of 2026. This follows pilot test work on material from the Cordero complex which showed a 55% mass rejection rate of waste material while maintaining 95% metallurgical recovery, resulting in a 62.5% gold grade upgrade for the material sent to the mill.

Material Impact

This news is Material - Positive as it represents a relatively low-cost (US$2.2M) capital project that allows for a significant increase in gold production without requiring a massive, multi-year mill expansion. - Operational Efficiency: Rejecting 55% of waste before it enters the mill effectively doubles the available mill capacity for mineralized material. - Margin Expansion: By upgrading the feed grade by 62.5%, the company lowers its per-ounce processing costs and increases recoveries from material that was previously considered sub-marginal or waste. - Continuity: The move from "testing" (announced in Oct 2025) to a "definitive agreement" (Dec 2025) shows management is moving quickly to realize these gains following the production losses incurred during the Q3 labor strike.

SOMA · Price
Company Overview

Soma Gold Corp. operates the El Bagre Gold Mining Complex in Antioquia, Colombia. Its flagship asset is the Cordero Mine, which feeds the El Bagre Mill (currently ~450 TPD capacity). The company recently rehabilitated the El Limon Mill to add another 200-400 TPD of capacity. The project focus is high-grade underground narrow-vein mining along the Otu Fault system, a prolific gold-bearing structure.

Read the original news release →

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Production / Operations