GDM Price sensitive 7 Oct 2026, 9:23 AM

Challenger September Quarter Production Update

Great Divide Mining Ltd

Great Divide Mining Ltd September Quarter Production Update

Key points

  • Produced 191.3 wet metric tonnes of gold concentrate in September quarter
  • Monthly production increased from 62.1 wmt in July to 81.1 wmt in September
  • Targeting shipments of approximately 25 wet metric tonnes of concentrate per week by Dec 2026

Full summary

Great Divide Mining Ltd (ASX: GDM) reported operational progress for the September quarter. The Challenger Process plant achieved feed rates of 20-24 tonnes per hour in September. The company produced 191.3 wet metric tonnes of gold concentrate, with shipments increasing to 3 per month. Monthly production increased from 62.1 wmt in July to 81.1 wmt in September, impacted by August's planned shutdowns. For the second quarter of FYE27, GDM aims to stabilize operations at capacity, increase operating hours, and target weekly shipments of 25 wmt by Dec 2026.

Guidance

Targeting shipments of approximately 25 wet metric tonnes of concentrate per week by Dec 2026

Outlook

GDM aims to stabilize operations at nameplate capacity, increase operating hours, and optimize Challenger recoveries and concentrate grades.

Summary generated by a large language model. Please interpret with care.

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