Production / Operations
Austral Gold revises production guidance for Guanaco

AGLD · Price
Executive Summary
- Austral Gold lowered its 2025 production guidance for the Guanaco mine to 11,000‑12,000 gold equivalent ounces (GEOs), down from the previously disclosed 14,000‑16,000 GEOs.
- The reduction stems from a workplace fatality that forced the agitation leaching circuit offline and suspension of the tailings filter section; only heap leaching remains operational.
- To mitigate cash flow impacts, Austral sold equity holdings generating ~$1.3 M in September 2025 and received a $1 M final installment from Unico Silver for the 2023 SCRN Properties sale.
Key Details
- Revised Production Guidance: 11,000‑12,000 GEOs for Guanaco (down ~20%–25% vs. prior guidance).
- Cause of Reduction: No production from agitation leaching circuit after a fatality on Aug 26 2025; tailings filter section suspended.
- Operational Status: Heap leaching circuit continues; historical heap re‑processing ongoing.
- Stabilization Outlook: Monthly output expected to exceed 1,200 GEOs beginning November 2025.
- Regulatory Update: Chilean authorities have granted access for plant improvements following inspection, but agitation leaching remains offline temporarily.
- Equity Investment Proceeds: Sale of publicly listed equity holdings generated approximately $1.3 M (USD) in September 2025.
- Additional Cash Receipt: Final $1 M installment received from Unico Silver for the 2023 sale of SCRN Properties Ltd. (owner of Pinguino property).
Notable Quotes
(No direct quotes provided in the release.)
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Jul 22, 2026 · 20:37