on Mako Mining Corp. (CVE:MKO)
Mako Mining Reports Record Q4 2025 Results
Mako Mining Corp. released its Q4 2025 performance, showcasing significant achievements. The company generated a record gold revenue of approximately $50 million, attributed to substantial production at its San Albino gold mine in Nicaragua and initial outputs from the Moss Mine in Arizona. Mako sold 11,604 ounces of gold at an average price of $4,313 per ounce, marking a 30% increase compared to previous records.
Financially, Mako ended the year with a $78.1 million cash balance, supported by a $37.7 million equity raise. Additionally, the company fully repaid $6.5 million in debt. Operational highlights include the extraction of 57,577 tonnes of ore from San Albino, with average grades of 6.97 g/t for gold and 7.02 g/t for silver. The mill achieved an 82.3% gold recovery rate, maintaining high availability at 98%.
Looking ahead, Mako is advancing its Eagle Mountain project in Guyana with anticipated environmental submissions soon. The Moss Mine continues to ramp up production as Mako focuses on maintaining operational momentum into 2026.
R. H.
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