Solidcore sees 37% growth in gold output in 2026

Kazakh gold miner Solidcore Resources said on Friday it expects its gold output to rise 37% to 540,000 ounces of gold equivalent in 2026, after a fall last year.

The company’s 2025 gold equivalent production was down by 19% year-on-year to 395,000 oz., below its guidance of 420,000 oz.

Solidcore said its gold equivalent sales in 2025 amounted to 412,000 oz., down 23% year-on-year. But revenue increased by 13% to $1.5 billion, driven by higher gold prices which compensated for the lower sales.

(By Anastasia Lyrchikova; Editing by Mark Trevelyan)