{
  "id": 15640406,
  "title": "Americas Gold’s record silver output misses forecasts",
  "url": "https://urgent.news/2026/10/19/americas-golds-record-silver-output-misses-forecasts",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-19T14:59:00.000Z",
  "source": {
    "name": "Mining.com",
    "slug": "mining-com",
    "url": "https://www.mining.com/americas-golds-record-silver-output-misses-forecasts/"
  },
  "original_language": "en",
  "account": "Americas Gold and Silver (TSX: USA; NYSE-A: USAS) reported silver production that missed analysts' expectations in the third quarter due to ongoing infrastructure work at its Galena complex in Idaho. Despite this, the company reaffirmed its goal of producing 3.2 million to 3.6 million ounces of silver for 2026 at sustainable costs of $30 to $35 per ounce. CEO Paul André Huet stated that the company's full-year production would be weighted towards the second half of the year, with better cost structures expected. Analysts, however, noted that Galena underperformed, requiring production of approximately 1.1 million ounces in the fourth quarter to meet the guidance midpoint. Silver sales reached a record 860,850 ounces, with copper production at 918,456 pounds and antimony sales totaling 121,691 pounds. The company also produced 964,551 pounds of lead. Americas Gold is advancing several infrastructure projects at Galena, including a paste fill plant, hoist upgrades, and fiber optic communications installation. The ongoing upgrades and waste development are aimed at enhancing the silver-copper-antimony veins for future extraction.",
  "summary": "Silver production in the three months ended Sept. 30 hit a record 800,458 oz., a 4.6% increase from the same quarter in 2025.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}