07:12 AM EST, 11/14/2025 (MT Newswires) -- Soma Gold ( SMAGF ) on Friday said it has restarted production at the Cordero mine and the El Bagre gold complex after 57 days of work stoppage due to a strike by unionized employees.

As a result of the operations halt, several systems at the mill require additional maintenance. However, the situation is being mitigated by additional leach capacity installed prior to the strike.

The company does not expect mine production to be affected, but the processing plant will run at about 70% of full throughput until the end of November.

Though the El Limon mill is owned by a non-unionized subsidiary, its production ramp-up depended on technical assistance and personnel from El Bagre. As a result of the strike, the completion of the ramp-up has been delayed until early January 2026, from the previous schedule of mid-December.

Due to the disruption, gold production for the full year 2025 is expected to be reduced by about 5,000 ounces, which will impact third and fourth quarter revenue and profit.

A further slight reduction in output may result from delays in the remediation of the El Bagre mill and the full commissioning of the El Limon mill.

These issues are expected to be resolved in the coming weeks. Soma Gold ( SMAGF ) maintained its 2026 production forecast.

Additionally, Soma said commissioning of the new leach circuit and oxygen infusion system at the El Bagre processing plant was completed prior to the strike. The addition of the new tank increases gold recovery from 87.5% to 89.1%. This extra capacity is helping to offset the impact of repairs to the damaged tank. The capital program took six months to complete and cost $475,000.