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Financial targets and outlook

Outlook for the financial year 2026

We estimate gold production to increase by 10–20% compared to the reference period. In 2025, Endomines produced 16,630 ounces, or 517.2 kg of gold.

Our long-term targets:

  • 1.5-2.0 million oz gold resources will be defined on the Karelian Gold Line by the end of 2030.

  • Annual gold production level of 70,000-100,000 ounces around 2030.

  • Initiation of production of tungsten, a critical mineral listed by the EU, and molybdenum, an important industrial mineral, around 2030.

  • Fossil-free gold production by 2035.