Mining Americas Q2 net loss widens to USD 15.72 million; revenue jumps to USD 32.65 million

Reuters2026/08/17 10:31

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Mining Americas posted a net loss of USD 15.72 million for the quarter, widening from USD 1.59 million a year earlier.
Revenue climbed to USD 32.65 million from USD 2.28 million, while operating income turned positive at USD 3.8 million from an operating loss.
Finance expense surged to USD 17.69 million from USD 875,000, driven by USD 16.71 million tied to settling call options and a gold loan.
Six-month revenue rose to USD 71.84 million from USD 4.7 million, while the net loss narrowed to USD 4.86 million from USD 24.58 million.
Cash and cash equivalents ended June 30 at USD 43.45 million, while long-term debt rose to USD 45 million following a revolving credit facility drawdown.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mining Americas Inc. published the original content used to generate this news brief on August 17, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Mining Americas Q2 net loss widens to USD 15.72 million; revenue jumps to USD 32.65 million

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