Monument Reports Fourth Quarter and Fiscal 2025 Results

Original announcement by tmx on

Company
Monument Mining Limited
Ticker
MMY
Exchange
TSX
Region
Malaysia
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Metallurgy, Production
Extracted
2026-09-16 11:05:40 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Monument Mining Limited reported strong financial and production results for Fiscal Year 2025, with gross revenue increasing to US$98.64 million and net income rising significantly to US$37.54 million. Gold production reached 38,530 ounces for the year, driven by an improved processing recovery rate of 85.32% at the Selinsing Gold Mine in Malaysia. The company also achieved lower total cash costs and all-in sustaining costs per ounce sold, while advancing development plans for its Murchison Gold Project in Western Australia.

Reasoning: Monument Mining Limited reported strong financial and production growth for Fiscal 2025, with increased gold output, higher revenue, and improved profitability, alongside reduced operating costs and advancements at its Selinsing Gold Mine.

Positive factors

  • Increased gold production
  • Higher revenue
  • Significantly improved net income and cash flow
  • Higher processing recovery rate
  • Lower cash costs and AISC
  • Strengthened financial position

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 4

Classification and evidence

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: The company achieved an average gold recovery rate of 89.50% in Q4 FY2025, which is strong for gold flotation.

Evidence · text

“an average recovery of 89.50%”

Recovery Improvingpositive

Recovery improved versus a like-for-like prior test program on the same domain and route.

Why it applies: The processing recovery rate improved from 74.20% in FY2024 to 85.32% in FY2025, and from 82.59% in Q4 FY2024 to 89.50% in Q4 FY2025.

Evidence · text

“An improved average recovery of 85.32% was achieved”

Pilot Scale Completepositive

Pilot or demonstration plant testing completed under continuous operation.

Why it applies: Bench and pilot scale flotation testwork was conducted, indicating advanced metallurgical studies.

Evidence · text

“Bench and pilot scale flotation testwork was conducted”

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: Gold production is from a sulphide flotation plant, which is a mill-based processing route.

Evidence · text

“sulphide flotation plant”

Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

Metallurgical Results (4)

Fact 1Selinsing Gold Mine · goldRecovery: 85.32 %Head Grade: 1.79Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Selinsing Gold Mine
Commodity
gold
Region
malaysia
Reported Region
Malaysia
Ticker
MMY

Recovery

Recovery
85.32 %
Head Grade
1.79
Head Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-15T00:00:00.000Z

Reasoning: The company reported significantly increased gold production and improved financial performance for the full fiscal year, driven by higher recovery rates and favorable gold prices.

Positive factors

  • Increased gold production
  • Higher processing recovery
  • Lower cash costs
  • Higher realized gold price

Evidence · table

“38,530”

Context: Gold produced (oz)

Fact 2Selinsing Gold Mine · goldRecovery: 89.5 %Head Grade: 1.82Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Selinsing Gold Mine
Commodity
gold
Region
malaysia
Reported Region
Malaysia
Ticker
MMY

Recovery

Recovery
89.5 %
Head Grade
1.82
Head Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-15T00:00:00.000Z

Reasoning: The fourth quarter saw record gold production and the highest processing recovery rate, contributing to strong financial results and lower operating costs.

Positive factors

  • Record gold production for the quarter
  • Highest processing recovery rate
  • Lowest cash costs for the quarter
  • Record realized gold price

Evidence · table

“12,315”

Context: Gold produced (oz)

flotationSelinsing Gold Mine · goldRecovery: 85.32 %View all details
Link to this fact

Identity

Project
Selinsing Gold Mine
Commodity
gold
Region
malaysia
Reported Region
Malaysia
Ticker
MMY

Test Work

Program Status
optimization
Test Type
flotation
Processing Route
sulphide flotation

Recovery

Recovery
85.32 %
Recovery Basis
actual_test

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-15T00:00:00.000Z

Reasoning: The average gold recovery rate for the fiscal year significantly improved due to plant optimizations and process control.

Positive factors

  • Improved average recovery rate
  • Optimized processing parameters

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

flotationSelinsing Gold Mine · goldRecovery: 89.5 %View all details
Link to this fact

Identity

Project
Selinsing Gold Mine
Commodity
gold
Region
malaysia
Reported Region
Malaysia
Ticker
MMY

Test Work

Program Status
optimization
Test Type
flotation
Processing Route
sulphide flotation

Recovery

Recovery
89.5 %
Recovery Basis
actual_test

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-15T00:00:00.000Z

Reasoning: The company achieved a record gold recovery rate in the fourth quarter from its sulphide flotation plant, indicating successful operational improvements.

Positive factors

  • Record processing recovery rate for the quarter
  • Achieved in sulphide flotation plant

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.