# Monument Reports Third Quarter Fiscal 2026 Results Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/monument-reports-third-quarter-fiscal-2026-results--15d13296-857b-454f-a7b3-86f8e3b2a95b Original source: https://money.tmx.com/en/quote/MMY/news/8886416152911046/monument-reports-third-quarter-fiscal-2026-results Publisher: tmx Original announcement: 2026-06-01T21:45:19.000Z 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: Metallurgy, Production - Extracted: 2026-09-16 10:42:51 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Monument Mining Limited reported a net profit of $22.65 million and gold production of 11,700 ounces for the third quarter of fiscal year 2026. The company achieved a gross revenue of $47.04 million and increased its cash and short-term investments to $101.76 million. Exploration drilling at the Selinsing Gold Mine continued to demonstrate resource expansion potential, and development activities at the Murchison Gold Project progressed, while cash costs per ounce sold increased. Reasoning: Monument Mining Limited reported strong financial and operational results for Q3 FY2026, including significant increases in net profit, gold production, and revenue, supported by a robust cash position and ongoing project advancements, despite an increase in cash costs and a slight dip in head grade. - Positive factor: Increased net profit and earnings per share - Positive factor: Higher gold production and sales volume - Positive factor: Increased gross margin from mining operations - Positive factor: Strong cash and short-term investment position - Positive factor: Improved processing recovery rate - Positive factor: Successful exploration drilling at Selinsing demonstrating resource expansion potential - Positive factor: Progress on Murchison Gold Project development activities - Positive factor: Special dividend issued to shareholders - Negative factor: Increased cash cost per ounce sold - Negative factor: Lower average mill feed grade compared to prior period Facts used in scoring: 1 ## Classification and evidence **High Recovery** Polarity: positive Story-specific tag Definition: Recovery at or above the exceptional band for the commodity and processing route. Why it applies: The processing recovery rate of 89.75% for gold sulphide production is strong for a gold mill/CIL operation. Evidence · table > 89.75 Context: Processing recovery rate \(%\) **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 processed during the quarter increased by 27% compared to Q3 FY 2025, indicating significant growth in throughput. Evidence · text > Ore processed during the quarter increased by 27% compared to Q3 FY 2025 **Grade Decline** Polarity: negative Story-specific tag Definition: Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling. Why it applies: The average mill feed grade of 1.67 g/t was lower compared to 1.76 g/t in Q3 FY 2025. Evidence · text > Despite a lower average head grade of 1.67 g/t compared to Q3 FY 2025 **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: The average recovery rate improved to 89.75% from 88.20% in Q3 FY 2025, reflecting plant optimization. Evidence · text > improved average recovery rate of 89.75%, reflecting the continued benefits of plant improvements and optimization initiatives. **Increased Costs** Polarity: negative Story-specific tag Definition: No canonical definition is currently available. Why it applies: Cash cost per ounce sold increased to $1,390 from $874 in Q3 FY 2025, primarily due to higher royalties and government fees. Evidence · text > Cash cost of $1,390 per ounce sold \(Q3 FY 2025: $874/oz\) **Exploration Success** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: Extensive exploration drilling at Selinsing successfully demonstrated resource expansion and mine life extension potential. Evidence · text > Extensive exploration drilling activities were carried out successfully at Selinsing during Q3 FY 2026, supporting continued resource growth potential and future mine life extension opportunities **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-third-quarter-fiscal-2026-results--15d13296-857b-454f-a7b3-86f8e3b2a95b#fact-metallurgical-facts-0) Selinsing Gold Mine · gold #### Identity - Project: Selinsing Gold Mine - Commodity: gold - Region: malaysia - Reported Region: Malaysia - Ticker: MMY #### Recovery - Recovery: 89.75 % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-01T00:00:00.000Z Reasoning: The Selinsing Gold Mine delivered strong gold production and processing recovery, contributing to significantly higher revenue and gross margin, despite a slight decrease in head grade and an increase in cash costs. - Positive factor: Increased gold production - Positive factor: High processing recovery rate - Positive factor: Increased ore processed - Positive factor: High realized gold price - Positive factor: Increased gross margin - Negative factor: Increased cash cost per ounce sold - Negative factor: Lower average mill feed grade compared to prior period Evidence · table > 11,700 Context: Gold produced \(oz\) #### 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.