# Monument Reports Second Quarter Fiscal 2026 Results Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/monument-reports-second-quarter-fiscal-2026-results--943b233c-8897-422d-a93b-111514482d13 Original source: https://money.tmx.com/en/quote/MMY/news/5242899216536450/monument-reports-second-quarter-fiscal-2026-results Publisher: tmx Original announcement: 2026-03-02T14:15:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Monument Mining Limited - Ticker: MMY - Exchange: TSX - Region: Unavailable - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Production, Metallurgy - Extracted: 2026-09-16 10:55:14 UTC Narrative sentiment: 0.70 · Bullish ## Minestarters Atlas summary Monument Mining Limited reported strong Q2 FY2026 results, with gold production of 10,249 ounces and sales of 13,725 ounces at a record average realized price of $4,197/oz, contributing to $49.23 million in revenue. The Selinsing Gold Mine achieved an improved processing recovery rate of 92.49%, leading to a significant increase in net income and cash reserves, despite a higher cash cost per ounce sold. Exploration drilling continued at Selinsing for resource expansion. Reasoning: Monument Mining Limited reported strong financial and operational performance for Q2 FY2026, driven by increased gold production and sales, an improved recovery rate, and favorable gold prices, leading to higher net income and cash reserves. However, cash costs and all-in sustaining costs per ounce increased, and the average mill feed grade was lower. - Positive factor: Increased gold production and sales volumes - Positive factor: Strong revenue and gross margin from mining operations - Positive factor: Significantly increased cash reserves and working capital - Positive factor: Improved processing recovery rate - Positive factor: Ongoing exploration drilling for resource growth and mine life extension - Negative factor: Higher cash cost per ounce sold - Negative factor: Lower average mill feed grade compared to prior period - Negative factor: All-in sustaining costs increased compared to the prior period, despite the document's erroneous claim of a decrease Facts used in scoring: 10 ## Classification and evidence **Increased Production** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: Gold production increased to 10,249 ounces in Q2 FY2026 from 8,613 ounces in Q2 FY2025. Evidence · text > 10,249 ounces of gold produced during the three months period \(Q2 FY 2025: 8,613 ounces\) **Improved Recovery** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The processing recovery rate improved to 92.49% in Q2 FY2026 from 86.09% in Q2 FY2025. Evidence · text > improved average recovery rate of 92.49% **Higher Costs** Polarity: negative Story-specific tag Definition: No canonical definition is currently available. Why it applies: Cash cost per ounce sold increased to $1,288/oz in Q2 FY2026 from $918/oz in Q2 FY2025. Evidence · text > Cash cost of $1,288 per ounce sold \(Q2 FY 2025: $918/oz\) **Exploration Activity** Polarity: neutral Story-specific tag Definition: No canonical definition is currently available. Why it applies: Exploration drilling programs continued at Selinsing, supporting ongoing resource growth and a potential extension of mine life. Evidence · text > Exploration drilling programs continued at Selinsing, supporting ongoing resource growth and a potential extension of mine life **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: the document describes a flotation route \("flotation"\) ## Extracted facts Stored fact records: 1. Some facts used in scoring do not have a stored record. ## Metallurgical Results (1) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/monument-reports-second-quarter-fiscal-2026-results--943b233c-8897-422d-a93b-111514482d13#fact-metallurgical-facts-4) Selinsing Gold Mine · gold #### Identity - Project: Selinsing Gold Mine - Commodity: gold - Region: malaysia - Reported Region: Malaysia - Ticker: MMY #### Recovery - Recovery: 92.49 % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-03-02T00:00:00.000Z Reasoning: The processing recovery rate improved significantly to 92.49%, indicating successful plant optimization efforts. - Positive factor: Significantly improved processing recovery rate - Positive factor: Reflects continued benefits of plant improvements and optimization Evidence · table > 92.49 Context: Processing recovery rate \(%\) #### Tags used in scoring **Byproduct Commodity** Polarity: neutral Definition: The tested commodity is a byproduct rather than the primary economic driver. Why it applies: the release describes a byproduct credit ## 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.