Discovery Mining Q2 FY26 net earnings rise to US$52.15 million; revenue more than doubles to US$319.09 million
Reuters2026/08/13 10:03- Discovery Mining posted Q2 2026 net earnings of USD 52.15 million, up from USD 5.53 million a year earlier.
- Revenue more than doubled year over year to USD 319.09 million, up 12% from Q1 2026.
- Gold production rose 33% from Q2 2025 to 67,309 ounces, while gold sold climbed 55% to 66,068 ounces.
- Completed acquisition of the Kidd Operations on June 1; results include one month, with Kidd revenue of USD 29.67 million.
- Kept 2026 guidance unchanged, forecasting 260,000-300,000 ounces of gold and AISC of USD 1,950-2,250 per ounce sold.
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