Financial targets and outlook
We build our growth sustainably
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.
Strategy and business model
Our business, focused on the Karelian Gold Line, comprises three core areas: exploration, mining operations, and processing.
Strategy and business modelOur 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.
Financial information
Key financial information for the past five years and calculation formulas for financial ratios.
Financial information