Minera Alamos Reports First Quarter 2026 Results, Setting Quarterly Records for Revenue of US$39.2 Million, Earnings of US$10.9 Million, and EBITDA of US$15.3 Million
Original announcement by tmx on
- Company
- Minera Alamos Inc.
- Ticker
- MAI
- Exchange
- TSX
- Region
- Nevada
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Production, Drill results
- Extracted
- 2026-09-14 10:43:59 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Minera Alamos reported record Q1 2026 results with revenue of US$39.2 million and EBITDA of US$15.3 million. Gold production reached 8,734 ounces with costs coming in below the lower end of annual guidance ranges.
Reasoning: The company reported record-breaking quarterly financial results and operating costs that significantly outperformed their own annual guidance.
Positive factors
- Record revenue, earnings, and EBITDA
- Costs (Cash and AISC) below annual guidance ranges
- Strong gold realized price of $4,287/oz
Negative factors
- Modest decrease in mined grade due to new mine plan pushbacks
- Higher diesel prices noted
Facts used in scoring: 2
Classification and evidence
QA/QC Disclosedpositive · Story-specific tag
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The technical report mentioned in the highlights was reviewed and approved by a Qualified Person (Darren Koningen, P.Eng).
Evidence · text
“The scientific and technical information contained in this news release has been reviewed and approved by Mr. Darren Koningen, P.Eng., the Company's President & COO, who is the Qualified Person under National Instrument 43-101.”
Extracted facts
Stored fact records: 1. Some facts used in scoring do not have a stored record.
Drill Results (1)
Fact 1Pan mine · goldGrade: 0.274Grade Unit: g/tIntercept: 1200000 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Pan mine
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- MAI
Geometry
- Grade
- 0.274
- Grade Unit
- g/t
- Intercept
- 1200000 m
Classification
- Sample Type
- drill
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-25T00:00:00.000Z
Reasoning: The reported grade of 0.274 g/t is part of the operational summary for ore tonnes mined.
Negative factors
- Mined grade decreased due to new mine plan pushbacks
Evidence · text
“1.2 million ore tonnes at a grade of 0.274 g/t and containing 10,432 ounces of gold”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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.