on Mako Mining Corp. (CVE:MKO)
Mako Mining Reports Q3 2026 Production and Permitting Progress
On October 19, 2026, Mako Mining Corp. announced its Q3 2026 production results. The company recovered 12,743 ounces of gold and reported sales of 11,581 ounces, generating approximately $50 million in revenue. The San Albino mine in Nicaragua produced 9,145 ounces, while the Moss Mine in Arizona contributed 3,599 ounces.
The Moss Mine faced mechanical constraints, but upgrades are planned to enhance capacity significantly by Q3 2027. Mako Mining also received key permits for the Mt. Hamilton Project in Nevada, removing obstacles for construction. The Eagle Mountain Project in Guyana saw accelerated exploration and planning activities.
Mako's cash and securities balance stands at $119.3 million, which supports its ongoing projects, including construction at Mt. Hamilton and Eagle Mountain. The company's strategic developments anticipate higher future production and consistent operational efficiency.
R. E.
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