Northwire Canada EditionTuesday, November 10, 2026
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Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0% Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0%
Production / Operations

Artemis Gold Reports Unplanned Mill Shutdown at Blackwater

ARTG · Price

Executive Summary

  • Artemis Gold announced an unplanned shutdown of the ball mill at its Blackwater Mine due to a gearbox failure on March 11, 2026.
  • Repairs are expected to take 8‑10 days; mining activities continue while milling is halted.
  • Q1 2026 production will be lower than previously anticipated, though full‑year gold production guidance (265,000–290,000 oz) remains unchanged pending mitigation plans.

Key Details

  • Failure: Ball mill gearbox malfunction on 11 Mar 2026.
  • Replacement: Suitable spare gearbox is on hand; repair work scheduled for 8–10 days.
  • Maintenance: Planned Q2‑2026 maintenance activities will be performed during the outage.
  • Operations: Mining continues normally; only milling is affected.
  • Production Impact: Q1 2026 output expected to fall short of original estimates; no revision to full‑year guidance at this time.
  • Guidance: Full‑year gold production still projected at 265,000–290,000 oz pending make‑up plans for the Q1 shortfall.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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