Monument Mining Reports Increased Revenue in Second Quarter

Monument Mining Limited reported its second fiscal quarter results for the period ending December 31, 2025. The company generated gross revenue of US$49.23 million, with cash costs at US$1,288 per ounce of gold sold.

President and CEO Cathy Zhai stated that gold production and sales at the Selinsing Gold Mine in Malaysia, coupled with favorable gold prices, contributed to strong cash flow and improved the company's financial position. During the quarter, cash reserves increased by US$19.81 million to US$82.65 million, providing robust liquidity for future growth initiatives.

Key highlights for the second fiscal quarter included a net income of US$20.16 million, or US$0.06 per share, compared to US$8.84 million in the prior year's comparable period. The gross margin was US$31.55 million, a 173% increase year-over-year. Gold production totaled 10,249 ounces, with 13,725 ounces sold at an average realized price of US$4,197 per ounce.

Exploration drilling continued at Selinsing, focusing on resource growth and potential mine life extension. The company also announced a special dividend payment.