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Monument Mining Achieves Record US$165.7 Million Revenue in Fiscal 2026 with Gold Production Rising to 44,942 Ounces - Kalkine Media

Kalkine Media via Google News Tier 3 2026-10-01 18:05 UTC 📖 1 min brief Neutral
Gold

AI desk brief

Monument Mining reported record fiscal 2026 revenue of US$165.72 million, up from US$98.64 million a year earlier, as gold production rose to 44,942 ounces and the average realized gold price climbed to US$4,280/oz. Net income nearly doubled to US$68.80 million, or US$0.20/sh, while operating cash flow increased to US$82.21 million.

The Selinsing Gold Mine in Malaysia remained the sole producing asset, processing 941,525 tonnes at 1.66 g/t and 89.49% recovery. Costs moved higher: cash costs rose to US$1,243/oz sold and AISC to US$1,446/oz, with Q4 costs notably higher at US$1,433/oz cash cost and US$1,898/oz AISC amid deeper pit mining, higher royalties and a mining services tax. The company ended June with US$109.56 million in cash and short-term investments and is advancing Buffalo Reef drilling plus Murchison technical studies for a possible restart.

Sources used

  1. S1 Kalkine Media via Google News — Monument Mining Achieves Record US$165.7 Million Revenue in Fiscal 2026 with Gold Production Rising to 44,942 Ounces - Kalkine Media
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