# Monument Reports First Quarter Fiscal 2026 Results Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/monument-reports-first-quarter-fiscal-2026-results--f17ee7ba-76f9-4b41-834e-b8d000e3fb4e Original source: https://money.tmx.com/en/quote/MMY/news/8507375585016489/monument-reports-first-quarter-fiscal-2026-results Publisher: tmx Original announcement: 2025-12-02T01:58:56.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Monument Mining Limited - Ticker: MMY - Exchange: TSX - Region: Malaysia - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Production, Drill results - Extracted: 2026-09-16 11:03:16 UTC Narrative sentiment: 0.90 · Bullish ## Minestarters Atlas summary Monument Mining Limited announced robust Q1 FY2026 results, reporting a substantial increase in gold production to 13,092 ounces and a record average realized gold price of $3,498/oz. The company achieved a net income of $10.5 million and saw its processing recovery rate improve to 87.57%. Exploration drilling is underway at the Selinsing Gold Mine in Malaysia, targeting potential mine expansion areas. Reasoning: Monument Mining reported strong Q1 FY2026 results with significant increases in gold production, sales, and financial metrics, driven by improved operational efficiency at the Selinsing Gold Mine. The company also reduced its all-in sustaining costs and is actively pursuing exploration for resource expansion. - Positive factor: Significant increase in gold production and sales year-over-year - Positive factor: Improved processing recovery rate and average mill feed grade - Positive factor: Strong financial performance with increased revenue, net income, and cash on hand - Positive factor: Decrease in all-in sustaining costs per ounce sold - Positive factor: Ongoing exploration drilling at Selinsing targeting resource expansion - Negative factor: Slight increase in total cash cost per ounce sold Facts used in scoring: 20 ## Classification and evidence **Tonnage Growth** Polarity: positive Story-specific tag Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved. Why it applies: Ore mined increased from 137,932 tonnes to 169,780 tonnes, and ore processed increased from 189,676 tonnes to 239,447 tonnes. Evidence · table > 169,780 Context: Ore mined \(tonnes\) **Grade Improvement** Polarity: positive Story-specific tag Definition: Average resource grade improved vs prior estimate — better deposit economics. Why it applies: Average mill feed grade increased from 1.74 g/t to 1.94 g/t. Evidence · table > 1.94 Context: Average mill feed grade \(g/t\) **High Recovery** Polarity: positive Story-specific tag Definition: Recovery at or above the exceptional band for the commodity and processing route. Why it applies: Processing recovery rate of 87.57% is strong for a mill/CIL route. Evidence · table > 87.57 Context: Processing recovery rate \(%\) **Recovery Improving** Polarity: positive Story-specific tag Definition: Recovery improved versus a like-for-like prior test program on the same domain and route. Why it applies: Processing recovery rate improved from 76.22% to 87.57% due to plant improvements and optimization. Evidence · table > 87.57 Context: Processing recovery rate \(%\) **Exploration Drilling** Polarity: neutral Story-specific tag Definition: No canonical definition is currently available. Why it applies: Exploration drilling programs continued at Selinsing, targeting a potential increase in mine life and resource expansion. Evidence · text > Exploration drilling programs continued at Selinsing, targeting a potential increase in mine life **Resource Update** Polarity: neutral Story-specific tag Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: Exploration drilling is targeting potential mine expansion areas that may increase Mineral Resources, and a drilling program is planned to confirm and update historical resources at Gabanintha Gold Project. Evidence · text > Exploration drilling is currently underway at Selinsing, targeting potential mine expansion areas that may increase Mineral Resources. ## Extracted facts Stored fact records: 0. Some facts used in scoring do not have a stored record. No stored fact records are available for this extraction. ## 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.