Minera IRL Q2 2026 revenue slides 52% as El Niño rains curb Corihuarmi gold output, company says

Reuters2026/08/19 22:49

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Minera IRL posted Q2 2026 revenue of USD 4.12 million, down from USD 8.53 million, as gold ounces sold fell 71%.
Heavy rainfall tied to El Niño disrupted rehandling and reprocessing, cutting ore processed 47% to 444,146 tons.
Realized gold price rose 54% to USD 4,571/oz, insufficient to offset lower volumes; gross result shifted to a USD 901,000 loss.
Administration expense jumped to USD 9.01 million from USD 1.23 million, driven mainly by USD 7.62 million tied to a tax audit outcome.
Finance expense increased to USD 7.2 million from USD 3.32 million, reflecting higher COFIDE loan interest; cash ended at USD 408,000.

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. Minera IRL Limited published the original content used to generate this news brief on August 19, 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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Minera IRL Q2 2026 revenue slides 52% as El Niño rains curb Corihuarmi gold output, company says

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