Discovery Mining Q2 FY26 net earnings rise to US$52.15 million; revenue more than doubles to US$319.09 million

Reuters2026/08/13 10:03

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Discovery Mining posted Q2 2026 net earnings of USD 52.15 million, up from USD 5.53 million a year earlier.
Revenue more than doubled year over year to USD 319.09 million, up 12% from Q1 2026.
Gold production rose 33% from Q2 2025 to 67,309 ounces, while gold sold climbed 55% to 66,068 ounces.
Completed acquisition of the Kidd Operations on June 1; results include one month, with Kidd revenue of USD 29.67 million.
Kept 2026 guidance unchanged, forecasting 260,000-300,000 ounces of gold and AISC of USD 1,950-2,250 per ounce sold.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Discovery Mining Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608130600PRIMZONECNPR____9809368) on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Discovery Mining Q2 FY26 net earnings rise to US$52.15 million; revenue more than doubles to US$319.09 million

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