Monument Mining is pleased to announce the signing of a Memorandum of Understanding with Odyssey Gold, through their respective subsidiaries. The agreement outlines a collaboration opportunity to process ore from the Tuckanarra Gold Project through Monument's Burnakura Mill. Under the existing joint venture arrangement, Monument holds a 20% free carrying interest in Tuckanarra, with Odyssey owning the remaining 80%. The [...]
Monument Mining is pleased to announce that it has signed a Memorandum of Understanding with Great Boulder Resources for collaboration to potentially process ore from Great Boulder's Side Well Gold Project through Monument's Burnakura Mill at Meekatharra, Western Australia subject to availability. President and CEO Cathy Zhai commented, "I am very pleased with thanks to Mr. Andrew Paterson, the Managing Director of Great [...]
Monument Mining Ltd. "Monument" or the "Company" today announced its financial results for the three months and six months ended December 31, 2024 . All amounts are in United States dollars unless otherwise indicated . President and CEO Cathy Zhai commented, "Q2 FY 2025 focused on sustaining stable gold production at the Selinsing Gold Mine, delivering healthy cash flow and building a solid cash balance to fund business [...]
Monument Mining announces progress updates at the Selinsing Gold Mine in Malaysia and at the Murchison Gold Project. President and CEO Cathy Zhai commented, "We are pleased with the continued progress at the Selinsing Gold Mine to optimize the gold treatment plant, especially the bigger filter press to be installed to enhance the production respectively in mid-January 2025. Additionally, we are excited to announce the [...]
Monument Mining announced its financial results for the three months ended Sept 30, 2024. President and CEO Cathy Zhai commented, "Q1 FY 2025 continuously delivered stable production and positive cash flow. The cash reserves increased by $9.68 million to $17.88 million, which lays a foundation for corporate development and business growth. The work has initiated in assessment of resources and drilling targets for [...]
Monument Mining is pleased to announce the results from its Annual General Meeting of shareholders held on Nov 19, 2024 in Vancouver. The Company has received record high participation for the AGM. Resolutions tabled as proposed in the Information Circular dated on Oct7, 2024 were all passed with more than 97% "For" for each, including: fixing the number of board members for the ensuring year at five, being Graham [...]
Monument Mining announced its annual financial results for the year ended June 30, 2024. Cathy Zhai, the President and CEO commented, "Fiscal year 2024 was a remarkable year for the Company. The gold production generated $51.42 million gross revenue with net earnings of $6.44 million, or $0.02 per share contrary to net loss of million, or per share last year. $14 million cash flow with $10.86 million on hand and a healthy [...]
Monument Mining announced its third quarter of fiscal 2024 production and financial results for the three and nine months ended March 31, 2024. President and CEO Cathy Zhai commented, "Q3 FY2024 was a significant quarter at the Selinsing Gold Mine with stabilization of production at the sulphide gold processing plant. The Company focused on the improvement of flotation plant performance at the Selinsing Gold Mine to [...]
Monument Mining announced its second quarter of fiscal 2024 production and financial results for the three and six months ended Dec 31, 2023. President and CEO Cathy Zhai commented, "Q2 FY2024 was a strong quarter at the Selinsing Gold Mine with sulphide gold processing plant performance optimization and improvements resulting in greater feed rates and a more streamlined sales process. We are working hard on corporate [...]
Monument Mining is pleased to announce an update at Selinsing Gold Mine where the Company recently achieved commercial production of its newly constructed flotation processing plant. President and CEO Cathy Zhai commented, "We are very pleased with the continued progress and optimization of the Selinsing Sulphide gold flotation plant. The production is expected to be stabilized in the 2024 calendar year and cash flow [...]
Monument Mining announced its first quarter of fiscal 2024 production and financial results for the three months ended Sept 30, 2023. President and CEO Cathy Zhai commented, "Q1 FY2024 was a significant quarter for Selinsing Gold Mine as we achieved commercial production of gold concentrate from the sulphide plant, which reached 90% of its design capacity. We also improved our operational efficiency by completing the [...]
Monument Mining is pleased to announce the results from its Annual General Meeting of shareholders held on Nov 22, 2023 in Vancouver. Resolutions tabled at the Annual General Meeting as proposed in the Information Circular dated on Oct 11, 2023 were all passed with more than 79% "For" for each and overwhelming participation, including: appointing Grant Thornton LLP as auditors; and fixing the number of board members for [...]