Quarterly ResultJul 15, 2026, 04:47 PM
Mako Mining Q2 2026 Gold Sold 14,610 oz, Revenue ~$63M, Cash $112M
AI Summary
Mako Mining Corp. announced record Q2 2026 production results, with 14,610 ounces of gold sold and revenues of approximately $63 million. The company's cash, securities, and trade receivables increased to $112 million. Operational highlights include strong performance from the San Albino and Moss mines, and the successful acquisition of the Eureka mineral concession. Mako also provided updates on predevelopment activities at its Mt. Hamilton and Eagle Mountain gold projects.
Key Highlights
- Record gold sold of 14,610 oz Au in Q2 2026.
- Total revenues of approximately $63.0 million in Q2 2026.
- Cash, securities, and trade receivables reached $112 million as of June 30, 2026.
- San Albino Mine sold 10,612 oz Au at an average realized price of $4,156 per ounce.
- Moss Mine sold 3,998 oz Au at an average realized price of $4,321 per ounce.
- San Albino milled 53,120 tonnes at an average grade of 7.54 g/t Au with 80.7% recovery.
- Acquired the Eureka mineral concession, expanding total land package to 254 km2.
- Mt. Hamilton Project added 7 pieces of heavy equipment and 6 full-time employees for predevelopment.
Price Impact
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