Mako Mining Reports Q2 Gold Sales of 14,610 Ounces, Revenue of About $63 Million
Mako Mining (MKO.V, MAKO) sold 14,610 ounces of gold in the second quarter, generating about $63.0 million in revenue, the company said after market close on Wednesday.The company sold 10,612 ounces of gold from its San Albino mine at an average realized price of $4,156 per ounce and 3,998 ounces from its Moss mine at $4,321 per ounce.At the San Albino mine, Mako mined 48,890 tonnes of ore containing 12,390 ounces of gold at an average grade of 7.88 grams per tonne and 11,289 ounces of silver at 7.18 grams per tonne during the second quarter. While at Moss, Miko mined 1.36-million tonnes of ore in the second quarter.Mako said cash, securities and trade receivables totaled $112 million as of June 30, 2026, an increase of $15 million from the previous quarter.The company's shares closed down C$0.23 to C$10.18 on TSX Venture Exchange.
