Eagle Mining's Business Progress and Strategic Planning for 2026

2026-02-20 08:13:48

Abstract generation in progress

Jingji Guancha Network: Eagle Mining, as a gold mining operator, has several business developments to watch in 2026. According to the company’s Q3 2025 earnings conference disclosure, the Hope Bay project plans to complete a pre-feasibility study (PFS) in 2026 and advance subsequent approval processes. The Detour Underground project is expected to update resources in 2026, with a target of achieving an annual production of 1 million ounces of gold. Meanwhile, the company anticipates an overall cost inflation of 6-7% in 2026 and will optimize its cost structure through productivity enhancement measures. In its medium- to long-term strategy, the five core projects (including Detour Underground, Upper Beaver, Hope Bay, San Nicolas, and Canadian Malartic) could potentially contribute an annual output of 1.3 to 1.5 million ounces, with exploration budgets remaining high to support resource expansion.

The above content is compiled from public information and does not constitute investment advice.

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