Atico Mining Q2 2026 loss widens as lower concentrate sales outweigh higher copper, gold prices
Reuters2026/08/18 20:53Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Atico posted a Q2 2026 net loss of USD 191,140 versus net income of USD 2.72 million, as lower shipments cut revenue.
- Sales fell 18% to USD 17.38 million on 4,989 DMT sold versus 7,842 DMT, partly offset by higher realized copper and gold prices.
- Cost of sales dropped to USD 15.29 million, though unit costs rose on a stronger Colombian peso and higher ground support needs.
- Cash cost rose to USD 228.9 per processed tonne, reaching USD 3.43 per payable copper pound; lower gold by-product credits added pressure.
- Working capital deficit narrowed to USD 12.11 million; cash ended at USD 2.35 million with USD 6.9 million long-term loans payable.
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. Atico Mining Corporation published the original content used to generate this news brief on August 18, 2026, and is solely responsible for the information contained therein.
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