Monument Mining

Monument Mining recorded a Q3 net profit of 22.65 million USD (0.07 USD/share) and a year-to-date total of 53.31 million USD. The company produced 11,700 ounces of gold and sold 10,478 ounces at a record average price of 5,166 USD/ounce, which significantly increased gross margin and operating cash flow. Cash and short-term deposits amounted to 101.76 million USD as of March 31, 2026; a special dividend was paid in January 2026. Exploration drilling at Selinsing and progress on the Murchison project are expected to support resource expansion and future growth. » Altro su finanzen.net

Monument reported a net profit of $20.16 million and cash and cash equivalents of $82.65 million for the second quarter of fiscal 2026, following an inflow of $19.81 million. The sulfide flotation plant produced 10,249 ounces of gold; 13,725 ounces were sold at a record average price of $4,197/oz, generating revenue of $49.23 million. Gross margin rose to $31.55 million, while cash costs per ounce sold increased to $1,288 and AISC to $1,421. Monument is continuing exploration drilling at Selinsing, advancing infrastructure projects, and had announced a special dividend in December 2025. » Altro su finanzen.net

Monument Mining released results from 15 drill holes on the Buffalo Reef/Felda targets at the Selinsing gold mine, including several high-grade intervals (e.g. 7 m at 2.30 g/t Au, 9 m at 2.03 g/t Au including 2 m at 4.54 g/t Au, 1.5 m at 8.59 g/t Au and 1.6 m at 28 g/t Au). The drill results show continuity between mineralized zones and indicate a possible uplift of the mineral resource as well as expansion of the open-pit shell. Four drill rigs are currently in operation, with the number to be increased to up to nine as needed; further drill results are pending. » Altro su finanzen.net