08:10 AM EDT, 10/14/2025 (MT Newswires) -- Serabi Gold's ( SRBIF ) share price jumped 10.3% at last look Tuesday in the London Stock Exchange as the company reported a 27% increase in gold production for the third quarter.

Serabi booked record quarterly gold production of 12,090 ounces, rising from 9,489 ounces in the year-ago period, driven by grade improvements at both the Palito Complex and Coringa mines in Brazil.

The company said its year-to-date gold production of 32,635 ounces is tracking well toward its 2025 gold production guidance of 44,000-47,000 ounces.

"We anticipate further success into the fourth quarter, as our production profile remains on track to meet guidance," chief executive officer Mike Hodgson said.