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Mako Mining (MAKO) has signed a mineral agreement with the Government of Guyana and the Guyana Geology and Mines Commission for its 100%-owned Eagle Mountain Gold Project.
The agreement, structured under Guyana’s Mining Act, provides a 10-year stability framework covering legal, fiscal and operating conditions for mining and prospecting licences and related authorizations, with the option to renegotiate or renew thereafter. Terms on royalties, taxes, government protections and company commitments are described as consistent with prior mineral agreements in Guyana. Mako commits to environmental, community and social programs, including annual funding and contributions to the Ministry of Natural Resources’ Training Centre. The company plans to file the final ESIA in Q4 2026, with an environmental permitting decision expected afterwards.
Mako Mining (NASDAQ:MAKO) filed an independent NI 43-101 Technical Report for the Moss Mine mineral resources, mineral reserves and life-of-mine plan, dated August 17, 2026 with an effective date of June 30, 2026. The report, which supports a previously announced Moss Mine mineral resource estimate, is available on SEDAR+, EDGAR and the company’s website.
Mako Mining (NASDAQ:MAKO, TSXV:MKO) reported record Q2 2026 revenue of US$62.6 million, generating Adjusted EBITDA of US$31.7 million, Mine Operating Cash Flow of US$25.9 million and net income of US$13.9 million, or US$0.16 per share.
The company sold 14,610 oz of gold at an average realized price of US$4,201/oz, with cash costs of US$1,996/oz and AISC of US$2,286/oz (San Albino US$1,535/oz, Moss Mine US$3,708/oz). Mako reported ROE of 36.6% and ROA of 23.8%, and held US$112.9 million in cash, trade receivables and marketable securities.
Mako spent US$2.9 million on exploration and evaluation, mainly around San Albino and at Eagle Mountain. According to the company, existing cash and operating cash flow are expected to fully fund its two remaining development projects without external capital.
Mako Mining (NASDAQ:MAKO) reported Q2 2026 results from its San Albino mine in Nicaragua and Moss Mine in Arizona, with record gold sales of 14,610 oz Au generating approximately US$63 million in revenue. San Albino milled 53,120 tonnes at 7.54 g/t Au with 80.7% gold recovery and 97% mill availability, while quarter-end stockpiles totaled 120,119 tonnes grading 2.62 g/t Au for 10,105 contained ounces.
According to the company, cash, gold-linked securities and trade receivables reached US$112 million at June 30, 2026, up about US$15 million quarter-over-quarter, including roughly US$40 million reinvested in gold-linked securities. Mako also secured the 3,000-hectare Eureka concession immediately west of San Albino, expanding its Nicaraguan land position to 254 km2, and advanced predevelopment at Mt. Hamilton and permitting and drilling programs at the Eagle Mountain Project.
Mako Mining (NASDAQ:MAKO) reported a new NI 43-101 compliant mineral reserve and updated economics for the Moss Mine in Arizona.
The study outlines 597,744 oz Au and 6.30 Moz Ag in Proven and Probable reserves within 56.8 Mt, supporting a US$254M after-tax NPV5% and a 15-year mine life at US$3,500/oz Au and US$50/oz Ag. Life-of-mine production is estimated at 442,904 recovered gold ounces and 2.1 million recovered silver ounces, with no initial capital and US$86M sustaining capex funded from cash flow. Mako also announced a royalty settlement with Patriot Gold and noted ongoing royalty litigation with Royal Gold affiliates.
Mako Mining (NASDAQ:MAKO) reported record Q1 2026 revenue of $68.6 million, Adjusted EBITDA of $40.1 million, Mine OCF of $46.1 million and net income of $23.1 million ($0.26/share).
The company sold 13,721 oz of gold at an average realized price of $4,902/oz, with cash costs of $1,843/oz and AISC of $2,275/oz. Cash and trade receivables totaled $96.1 million, with ROE of 36.4% and ROA of 23.5%. Exploration spending reached $2.5 million across San Albino, Eagle Mountain and Mt. Hamilton.
Mako (Nasdaq:MAKO) reports new drilling at Las Conchitas, San Albino, intersecting high-grade gold including 26.98 g/t Au over 6.8 m ETW and extending mineralization >450 m of strike within an area fully permitted for mining. Drilling shows continuity along strike and at depth and supports potential pit expansion; development planned southwest of the Candelaria fault after the rainy season ends in Q4 2026.
Mako Mining (NASDAQ:MAKO) reported record Q1 2026 production of 13,721 oz Au and revenue of approximately US$68.6 million. The company is debt free with cash and trade receivables of US$96.1 million as of March 31, 2026.
San Albino milled 53,638 tonnes at 7.70 g/t Au with mill recovery of 80.1% and a quarter-end stockpile containing 10,558 oz Au. Moss mine continued ramp-up with improved monthly processing; Eagle Mountain ESIA submitted to Guyana EPA and Mt. Hamilton construction to commence.
Mako Mining (NASDAQ:MAKO) reported Q4 2025 revenue of $50.4M, Adjusted EBITDA $28.3M, and Net Income $14.3M after selling 11,564 oz of gold at an average realized price of $4,313/oz. Q4 AISC was $1,876/oz and Mine OCF was $24.1M.
The company ended Q4 with roughly $78M in cash and trade receivables, reported a full-year ROE of 29.6%, completed private placements totaling $39.5M, repaid a $6.5M loan, and closed the Mt. Hamilton acquisition with gold-stream consideration.