Gold Mining News in Malaysia

Monument Mining Limited
Monument Mining Limited
MMY
Gold
Malaysia

Monument Reports Fourth Quarter and Fiscal 2026 Results

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.

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Monument Mining Limited
Monument Mining Limited
MMY
Malaysia

Monument Reports First Quarter Fiscal 2016 Results

Monument Mining Limited reported its first-quarter fiscal 2016 results, showing a significant decrease in gold production to 5,063 ounces, primarily due to lower head grades and processing super low-grade material. Despite this, the company achieved a substantial 33% reduction in cash cost per ounce to US$468. Monument is also progressing development projects, including commissioning the Intec Pilot Plant at Selinsing and advancing heap leaching at Burnakura.

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Monument Mining Limited
Monument Mining Limited
MMY
Malaysia
Metallurgical Results

Monument Commissions Intec Pilot Plant at Selinsing

Monument Mining has completed construction and commenced commissioning of the Intec Pilot Plant at the Selinsing gold mine in Malaysia. The pilot program aims to demonstrate the scalability of Intec's sulphide dissolution and gold recovery technology in a continuous flow process.

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Monument Mining Limited
Monument Mining Limited
MMY
Malaysia

Monument Reports Third Quarter Fiscal 2015 Results

Monument Mining Limited reported a net profit of $3.62 million for the third quarter of fiscal 2015, alongside a 25% increase in gold production to 9,346 ounces and a 14% decrease in cash cost per ounce to US$560/oz. The company also announced an updated NI 43-101 compliant resource estimate for its Alliance/New Alliance deposits, showing a 90% increase in Indicated gold ounces and a 15% increase in total contained gold ounces. Additionally, Monument is evaluating Intec Technology for processing sulphide materials at its Selinsing Gold Plant.

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