Artemis Gold (TSXV: ARTG) has successfully restarted full milling operations at its Blackwater Mine, putting an end to a seven-day unplanned shutdown that had briefly sidelined the facility’s primary processing capacity.
The disruption began on March 11 following the failure of a gearbox on the site’s ball mill. While the company initially braced for a repair window of eight to ten days, maintenance crews managed to swap the faulty component for a spare and resume operations ahead of schedule.
Despite the swift turnaround, the Vancouver-based miner warned that the week-long hiatus will impact its production figures for the first quarter of 2026. Artemis did not quantify the exact ounce deficit but noted that the outage occurred during a period where it had intended to capitalize on its steady-state production.
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To mitigate the blow, management utilized the downtime to pull forward several maintenance tasks originally slated for early in the second quarter. By checking off these boxes while the mill was already idle, the company hopes to minimize future scheduled outages and reclaim lost momentum.
The company remains on track to produce between 265,000 and 290,000 ounces of gold for the year, signaling confidence that the shortfall from Q1 can be recovered through optimized throughput in the coming months. Mining activities at the site continued uninterrupted throughout the milling pause, allowing the company to build up stockpiles and prepare for the immediate resumption of processing.
Artemis Gold last traded at $35.55 on the TSX Venture.
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