Mako Mining posts Q2 2026 profit rise on higher realized gold prices, more ounces sold

Reuters2026/08/14 11:47

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Mako Mining posted Q2 2026 revenue of US$62.6 million, net income of US$13.9 million, operating cash flow of US$26 million.
Stronger results reflected higher realized gold prices, with consolidated sales rising to 14,610 oz from 11,476 oz.
Cost of sales increased on higher royalty expense tied to higher gold prices, higher Moss mining and crushing costs, longer San Albino haul distances.
Moss remained below commercial production, with ramp-up work aimed at steadier stacking rates, improved crushing reliability, heap leach optimization.
Cash and cash equivalents were US$71.9 million at June 30, 2026; working capital rose to US$106.2 million on stronger cash generation.

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. Mako Mining Corp. published the original content used to generate this news brief on August 14, 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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Mako Mining posts Q2 2026 profit rise on higher realized gold prices, more ounces sold

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