Serabi Gold achieved a record Q3 output of 12,090 ounces of gold, significantly boosting its cash reserves, which reached $38.8 million by the end of September 2025.
- In Q3 2025, Serabi produced 12,090 ounces of gold, marking a 27% increase compared to the same quarter in 2024, showcasing enhanced mining efficiency.
- As of September 30, 2025, Serabis cash holdings increased to $38.8 million, up from $30.4 million at the end of Q2, reflecting strong operational performance.
- Year-to-date gold production for Serabi reached 32,635 ounces, driven by effective stoping practices and improved ore extraction techniques at their Brazilian operations.
Why It Matters
This significant increase in gold output and cash reserves positions Serabi for future growth and investment opportunities, highlighting the companys resilience in the competitive gold mining sector amidst fluctuating market conditions.