Welcome to our dedicated page for Mako Mng news (Ticker: MAKOF), a resource for investors and traders seeking the latest updates and insights on Mako Mng stock.
Mako Mining Corp. (MAKOF) generates frequent news for investors following gold mining, development and exploration in the Americas. The company’s updates cover operating performance at the high-grade San Albino open pit gold mine in Nicaragua, the Moss Mine in Arizona, and its project pipeline in Guyana and Nevada.
News releases often include quarterly and annual production and financial results, such as gold sales from San Albino and Moss, mine operating cash flow, adjusted EBITDA and changes in cash balances. These updates provide detail on mining, milling, heap leach performance and stockpile levels, as well as commentary from management on operating trends.
For project development, Mako publishes news on engineering and permitting milestones at the Eagle Mountain Project in Guyana, including geotechnical programs, environmental baseline work and progress toward Environmental Impact Assessment submissions. The company also reports on its agreements to acquire the permitted Mt. Hamilton Gold-Silver Project in Nevada, including the structure of the gold stream and net smelter return royalty with Sailfish Royalty Corp. and related shareholder and regulatory approvals.
Exploration-focused news highlights drilling results at areas such as El Golfo and Las Conchitas near San Albino, where reverse circulation and diamond drilling have intersected high-grade gold and silver mineralization in multiple veins. Corporate news items include equity financings, private placements, normal course issuer bids, related party transactions reviewed by special committees, and changes in capital structure.
Investors and followers of MAKOF can use this news feed to review operational updates, exploration results, financing activities and project-level developments across Mako Mining’s portfolio. Regularly reviewing these releases helps build a detailed picture of how the company’s mines and projects are advancing over time.
Mako Mining (OTCQX:MAKOF) reported an updated NI 43-101 Mineral Resource Estimate for the Moss Mine (effective date Dec 18, 2025).
The open-pit Mineral Resource at a 0.17 g/t AuEq cutoff shows Measured + Indicated resources of 57.07 Mt at 0.35 g/t Au and 3.71 g/t Ag for 646,000 oz Au and 6.8M oz Ag, plus Inferred 12.33 Mt at 0.31 g/t Au for 122,000 oz Au and 580,000 oz Ag.
Estimates used metal prices of US$2,500/oz Au and US$29.20/oz Ag, recoveries of 75% Au and 33% Ag, and an optimized pit shell; a Technical Report will be filed within 45 days.
Mako Mining (OTCQX:MAKOF) reported Q4 2025 production and financial results. The company sold 11,604 oz of gold for US$50.0 million in revenue and ended the year with US$78.1 million in cash and trade receivables as of December 31, 2025. Mako raised US$37.7 million (net) in equity and repaid US$6.5 million of debt during the quarter.
Operationally, San Albino mined 57,577 tonnes (average grade 6.97 g/t Au) and milled 54,076 tonnes at ~598 tpd with mill availability of 98%. Moss mine contributed 2,297 oz of sales as it ramps up. Eagle Mountain work advanced toward an EIA submission expected in Q1 2026.
Mako Mining (OTCQX:MAKOF) reports 2025 drilling at El Golfo and receipt of an underground mining permit at Las Conchitas (Jan 6, 2026).
Key drilling highlights include 18.34 g/t Au over 4.2 m ETW (48 m below surface), other high-grade intercepts to 74.90 g/t Au, and confirmation of multiple subparallel veins extended to 630 m strike and 305 m down-dip. The 2025 program completed 137 holes totalling 17,885 m. The modified environmental permit allows two underground adits at Las Conchitas with planned production of ~150–250 tpd for six years.
Mako Mining (OTCQX:MAKOF) announced that the TSX Venture Exchange accepted its normal course issuer bid to repurchase up to 4,350,450 common shares, equal to 5% of the 87,009,006 shares outstanding as of December 3, 2025. Purchases may begin on December 8, 2025 and will end no later than December 7, 2026.
Shares will be bought for cancellation through TSXV facilities at market price, with Stifel Nicolaus Canada Inc. retained to make purchases. Management stated the repurchase is intended to address perceived undervaluation and to be a prudent use of funds for shareholders.
Mako Mining (OTCQX:MAKOF) has entered a definitive purchase and sale agreement to acquire 100% of Mt. Hamilton LLC and the Mt. Hamilton gold-silver project in White Pine County, Nevada, funded via a US$40 million arrangement with Sailfish Royalty.
Key deal terms include a 60-month gold stream delivering ~341.7 troy ounces per month at 20% of the LBMA PM Fix (minimum US$2,700/oz, maximum US$3,700/oz), followed by a 2% NSR royalty for life of mine. The Gold Stream will be secured against Mako assets and guaranteed by Mt. Hamilton LLC.
The transaction is a related‑party deal (common control by Wexford), a special committee obtained a unanimous recommendation and a Stifel fairness opinion, and a special shareholder meeting is expected by February 2026. Closing remains subject to TSXV and shareholder approvals. A Mt. Hamilton technical report has been filed on SEDAR+.
Mako Mining (OTCQX:MAKOF) reported Q3 2025 results with $27.6M revenue (vs. $15.7M in Q3 2024), $8.9M Mine Operating Cash Flow, $9.3M Adjusted EBITDA and $1.2M net income. The company sold 7,830 oz at an average realized price of $3,454/oz, with consolidated cash cost $2,115/oz and AISC $2,561/oz. Mako holds approximately $66.0M cash and is debt free after repaying $6.5M.
Operationally, San Albino returned to high‑grade production in late October while Moss restarted mining in August with steady state production expected in late Q1 2026. The company entered a binding term sheet to acquire Mt. Hamilton, including a gold stream delivering ~342 oz/month for 60 months. Subsequent financings raised gross proceeds of approximately C$55.3M.
Mako Mining (OTCQX:MAKOF / TSX-V:MKO) closed a C$40,250,000 bought‑deal brokered private placement of 5,031,250 common shares including the full over‑allotment, and a concurrent C$15,000,000 non‑brokered private placement of 1,875,000 common shares to funds managed by Wexford, for combined gross proceeds of C$55,250,000.
Proceeds are intended for ramp up of Moss Mine operations, construction of development assets, and general working capital. The LIFE Offered Shares and Concurrent Placement Shares are listed on the TSXV and are not subject to Canadian hold periods. The underwriters received a cash commission of C$2,415,000 (6.0% of the brokered proceeds). Wexford’s aggregate holding moved from ~47.73% to ~46.10% after closing.
Mako Mining (OTCQX:MAKOF) has announced a strategic acquisition of the Mt. Hamilton Gold-Silver Project in Nevada through a complex transaction with Sailfish Royalty Corp. The permitted project includes a significant gold-silver resource with 578,000 oz of gold and 4.84 million oz of silver in Measured & Indicated categories.
The acquisition involves two key transactions: First, Sailfish will acquire Mt. Hamilton LLC for US$40 million in cash, funded through a Wexford Capital bridge loan. Second, Sailfish will transfer the project to Mako in exchange for a corporate gold stream and a 2% NSR royalty. Notably, the deal requires no equity dilution.
The project also features a promising tungsten-copper-molybdenum target below the gold-silver deposit, with historical estimates indicating 6.2 Mt at 0.37% WO3, marking Mako's entry into U.S. critical metals sector.
Mako Mining (OTCQX:MAKOF) reported exceptional Q2 2025 financial results, achieving record performance metrics. The company generated $38.7 million in revenue from gold sales, a significant increase from $28.3 million in Q2 2024. Key highlights include record Adjusted EBITDA of $21.3 million, an $18.2 million increase in cash, and earnings per share of $0.11.
The company sold 11,476 ounces of gold at an average price of $3,323 per ounce, with Cash Costs of $1,509 and AISC of $1,668 per ounce sold. Mako demonstrated strong operational efficiency with a Twelve Trailing Months ROE of 33.9% and ROA of 23.5%. The company expects similar production rates for San Albino in H2 2025, with Q4 projected to be a record quarter as mining resumes at Moss Mine.
Mako Mining (OTCQX:MAKOF) has reported significant drill results from its El Golfo area within the El Jicaro Concession in Nicaragua. The highlight intersections include 197.80 g/t Au over 0.70m and 27.86 g/t Au over 4.00m estimated true width. The company has expanded its initial 3,000-meter RC drilling program to 6,500 meters of combined RC and diamond drilling following encouraging results.
The drilling program has confirmed the discovery announced in May 2025, defining a large footprint with dip potential measured in hundreds of meters and strike trends over multiple kilometers. The mineralization consists of multiple subparallel gold-bearing quartz veins with a northeast-southwest strike, hosted by deformed carbonaceous schists similar to those currently being mined by Mako.
The company plans to conduct a more aggressive drill program with the potential to incorporate the El Golfo area into their mine plan.
FAQ
What is the current stock price of Mako Mng (MAKOF)?
What is the market cap of Mako Mng (MAKOF)?
