Monument Reports Fourth Quarter and Fiscal 2026 Results
Original announcement by globenewswire on
- Company
- Monument Mining Limited
- Ticker
- MMY
- Exchange
- Unavailable
- Region
- Malaysia
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Production, Metallurgy
- Extracted
- 2026-09-30 04:36:12 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Monument Mining reported strong financial results for Fiscal 2026, with annual gold production increasing to 44,942 ounces and gross revenue reaching $165.72 million, up from the prior year. Despite these gains, cash costs and all-in sustaining costs per ounce rose significantly due to deeper mining and higher royalty rates. The company also noted a decrease in gold production during the fourth quarter compared to the previous year.
Reasoning: Monument Mining reported strong annual financial performance with increased gold production, revenue, and cash flow, driven by higher realized gold prices. However, these gains were partially offset by significantly higher operating costs per ounce and a slight decrease in average mill feed grade.
Positive factors
- Increased annual gold production
- Significant annual revenue growth
- Strong annual net income and cash flow growth
- Improved annual processing recovery rate
- Higher realized gold price
Negative factors
- Significant increase in cash cost and all-in sustaining cost per ounce
- Lower average mill feed grade year-on-year
- Decreased gold production in Q4
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 64
Classification and evidence
Production Increasepositive · Story-specific tag
No canonical definition is currently available.
Why it applies: Annual gold production increased from 38,530 ounces in FY2025 to 44,942 ounces in FY2026.
Evidence · table
“44,942”
Context: Gold produced (oz)
Revenue Growthpositive · Story-specific tag
No canonical definition is currently available.
Why it applies: Annual revenue increased from $98.64 million in FY2025 to $165.72 million in FY2026.
Evidence · table
“165,715”
Context: Revenue
Net Income Growthpositive · Story-specific tag
No canonical definition is currently available.
Why it applies: Annual net income increased from $37.54 million in FY2025 to $68.80 million in FY2026.
Evidence · table
“68,795”
Context: Net Income
Cash Flow Growthpositive · Story-specific tag
No canonical definition is currently available.
Why it applies: Annual cash flows provided by operations increased from $48.65 million in FY2025 to $82.21 million in FY2026.
Evidence · table
“82,208”
Context: Cash flows provided by operations
Working Capital Increasepositive · Story-specific tag
No canonical definition is currently available.
Why it applies: Working capital increased from $58.54 million at the end of June 30, 2025, to $122.86 million at the end of June 30, 2026.
Evidence · table
“122,858”
Context: Working capital
Cost Increasenegative · Story-specific tag
No canonical definition is currently available.
Why it applies: Annual total cash cost per ounce sold increased from $814/oz in FY2025 to $1,243/oz in FY2026, and AISC increased from $1,093/oz to $1,446/oz.
Evidence · table
“1243”
Context: Total cash cost per ounce sold
Grade Declinenegative · Story-specific tag
Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.
Why it applies: Annual average mill feed grade decreased from 1.79 g/t in FY2025 to 1.66 g/t in FY2026.
Evidence · table
“1.66”
Context: Average mill feed grade (g/t)
Production Decreasenegative · Story-specific tag
No canonical definition is currently available.
Why it applies: Gold produced in Q4 FY2026 was 9,902 ounces, down from 12,315 ounces in Q4 FY2025.
Evidence · table
“9,902”
Context: Gold produced (oz)
Recovery Improvementpositive · Story-specific tag
No canonical definition is currently available.
Why it applies: Annual processing recovery rate improved from 85.32% in FY2025 to 89.49% in FY2026.
Evidence · table
“89.49”
Context: Processing recovery rate (%)
Mill Routeneutral
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: 4. Some facts used in scoring do not have a stored record.
Metallurgical Results (4)
Fact 1Selinsing Gold Mine · goldView all detailsHide details
Identity
- Project
- Selinsing Gold Mine
- Commodity
- gold
- Region
- malaysia
- Reported Region
- Malaysia
- Ticker
- MMY
Test Work
- Processing Route
- flotation
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: Annual processing recovery rate improved significantly compared to the prior year, indicating better metallurgical performance.
Positive factors
- Improved processing recovery rate year-on-year
- Recovery rate is moderate for flotation
Evidence · table
“89.49”
Context: Processing recovery rate (%)
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
Fact 2Selinsing Gold Mine · goldView all detailsHide details
Identity
- Project
- Selinsing Gold Mine
- Commodity
- gold
- Region
- malaysia
- Reported Region
- Malaysia
- Ticker
- MMY
Test Work
- Processing Route
- flotation
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: Reported annual processing recovery rate for the prior fiscal year provides a baseline for comparison.
Positive factors
- Recovery rate is moderate for flotation
Evidence · table
“85.32”
Context: Processing recovery rate (%)
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
Fact 3Selinsing Gold Mine · goldView all detailsHide details
Identity
- Project
- Selinsing Gold Mine
- Commodity
- gold
- Region
- malaysia
- Reported Region
- Malaysia
- Ticker
- MMY
Test Work
- Processing Route
- flotation
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: Quarterly processing recovery rate showed a slight decrease compared to the prior year's quarter.
Positive factors
- Recovery rate is moderate for flotation
Negative factors
- Slightly decreased processing recovery rate quarter-on-quarter
Evidence · table
“88.77”
Context: Processing recovery rate (%)
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
Fact 4Selinsing Gold Mine · goldView all detailsHide details
Identity
- Project
- Selinsing Gold Mine
- Commodity
- gold
- Region
- malaysia
- Reported Region
- Malaysia
- Ticker
- MMY
Test Work
- Processing Route
- flotation
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: Reported quarterly processing recovery rate for the prior fiscal year provides a baseline for comparison.
Positive factors
- Recovery rate is moderate for flotation
Evidence · table
“89.50”
Context: Processing recovery rate (%)
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
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.