# Monument Mining Reports Fourth Quarter and Fiscal 2026 Results Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/monument-mining-reports-fourth-quarter-and-fiscal-2026-results--d65cce75-f06e-4553-a4c6-67d1355bc596 Original source: https://www.juniorminingnetwork.com/junior-miner-news/press-releases/960-tsx-venture/mmy/212033-monument-reports-fourth-quarter-and-fiscal-2026-results.html Publisher: jmn Original announcement: 2026-09-29T00:55:13.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-30T04:35:30.904Z Atlas analysis updated: 2026-09-30T04:35:30.904Z - Company: Monument Mining Limited - Ticker: MMY - Exchange: TSXV - Region: Unavailable - Primary commodity: Gold - Secondary commodities: Antimony - Document categories: Metallurgy, Production - Extracted: 2026-09-30 04:35:31 UTC Narrative sentiment: 0.20 · Bullish ## Minestarters Atlas summary Monument Mining reported strong financial results for fiscal year 2026, with significant increases in revenue, net income, and cash flow, alongside higher annual gold production. However, the company experienced a substantial rise in cash costs and all-in sustaining costs per ounce sold, attributed to deeper mining, increased royalty rates, and lower feed grades. Exploration activities are ongoing to extend mine life and advance other projects. Reasoning: Monument Mining reported strong financial growth and increased annual gold production for fiscal year 2026, but this was accompanied by a substantial rise in operating costs per ounce, attributed to deeper mining and higher royalty rates. The average mill feed grade also declined. - Positive factor: Strong financial performance with increased revenue, net income, and cash flow for the fiscal year. - Positive factor: Increased annual gold production and improved processing recovery rate. - Positive factor: Commitment to shareholder value through a special dividend. - Negative factor: Significant increase in cash cost and all-in sustaining cost per ounce sold. - Negative factor: Lower average mill feed grade for the fiscal year and in the fourth quarter. - Negative factor: Fourth quarter gold production was lower than the prior year's fourth quarter. Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 2 ## Classification and evidence **Production Growth** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: Annual gold production increased from 38,530 ounces in FY 2025 to 44,942 ounces in FY 2026. Evidence · text > Production performance: 44,942 ounces of gold produced during the year \(FY 2025: 38,530 ounces\) **Improved Recovery** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The annual processing recovery rate increased from 85.32% in FY 2025 to 89.49% in FY 2026. Evidence · table > 89.49 Context: Processing recovery rate \(%\) **Cost Increase** Polarity: negative Story-specific tag Definition: No canonical definition is currently available. Why it applies: Total cash cost per ounce sold increased significantly from $814/oz in FY 2025 to $1,243/oz in FY 2026, and AISC increased from $1,093/oz to $1,446/oz. Evidence · text > Cash cost of $1,243 per ounce sold \(FY 2025: $814/oz\) **Grade Decline** Polarity: negative Story-specific tag Definition: Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling. Why it applies: The average mill feed grade decreased from 1.79 g/t in FY 2025 to 1.66 g/t in FY 2026. Evidence · table > 1.66 Context: Average mill feed grade \(g/t\) **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: the document describes a flotation route \("flotation"\) ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Metallurgical Results (2) ### Fact 1 [Link to this fact](https://atlas-staging.minestarters.com/news/monument-mining-reports-fourth-quarter-and-fiscal-2026-results--d65cce75-f06e-4553-a4c6-67d1355bc596#fact-metallurgical-facts-0) Selinsing Gold Mine · gold #### Identity - Project: Selinsing Gold Mine - Commodity: gold - Ticker: MMY #### Recovery - Recovery: 89.49 % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: Fiscal 2026 saw increased gold production and improved recovery, but also a substantial rise in operating costs per ounce and a decrease in average feed grade. - Positive factor: Increased annual gold production compared to the prior year. - Positive factor: Improved processing recovery rate for the fiscal year. - Negative factor: Significant increase in cash cost and all-in sustaining cost per ounce sold. - Negative factor: Lower average mill feed grade compared to the prior year. Evidence · table > 44,942 Context: Gold produced \(oz\) ### Fact 2 [Link to this fact](https://atlas-staging.minestarters.com/news/monument-mining-reports-fourth-quarter-and-fiscal-2026-results--d65cce75-f06e-4553-a4c6-67d1355bc596#fact-metallurgical-facts-1) Selinsing Gold Mine · gold #### Identity - Project: Selinsing Gold Mine - Commodity: gold - Ticker: MMY #### Recovery - Recovery: 85.32 % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This fact represents the prior year's performance, provided for comparison with the current fiscal year results. Evidence · table > 38,530 Context: Gold produced \(oz\) ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.