Mineros Reports Record H1 Revenue of $559 Million

By Mining Hub News Desk
6 August 2026, 9:53 a.m. EDT 2 min read

Mineros S.A. delivered record first-half revenue of $558.79 million and adjusted EBITDA of $260.48 million for the period ended June 30, 2026. The company’s stock rose 6.62% to close at $7.57 on August 5, 2026, following the release of the results.

Consolidated production reached 118,103 ounces of gold for the six-month period. Following these operational results, Mineros revised its full-year 2026 production guidance upward to 220,000–240,000 ounces, up from the previous range of 213,000–233,000 ounces.

“H1 2026 demonstrates the earnings leverage embedded in our growing production profile. With all-in sustaining costs tracking below guidance and Hemco Property’s production at the top end of production guidance, we generated revenue of $559 million and net profit of $133 million; the strongest half in the Company's history. The Hemco expansion is advancing on schedule, gold and silver recoveries are improving, and the Porvenir prefeasibility study is delivering compelling economics. We are executing with discipline and are well positioned for the next phase of Mineros' growth.”

— Daniel Henao, President and Chief Executive Officer of Mineros

Operational focus remains on the Hemco processing plant expansion, which is on track to reach a capacity of 2,500 tonnes per day by year-end 2026. Permitting for the Porvenir Project is also progressing, with the company expecting to receive pending forest management and treated wastewater authorizations by the end of the fourth quarter of 2026.

In addition to expansion efforts, Mineros is managing its capital through a strategic gold reserve policy.

“We also took deliberate steps this quarter to strengthen our balance sheet through an allocation to physical gold and gold-backed receivables, ending the period with gold-backed assets equivalent to 42,221 ounces of gold. This position reflects our view that gold remains an effective long-term store of value in the current macroeconomic environment. We regard it as a natural extension of our capital management framework, one that reinforces our identity as a gold producer and aligns our treasury with the interests of shareholders who invest in Mineros for exposure to the gold sector.”

— Daniel Henao, President and Chief Executive Officer of Mineros

Upcoming technical milestones for the company include the start of infill drilling at the Guillermina Deposit in the fourth quarter of 2026. Furthermore, Mineros plans to initiate a 7,000-metre drilling program at the La Pepa Project during the Chilean spring and summer of 2026.

Read the full announcement: Mineros Delivers H1 Record Revenue of $559 Million and Record Adjusted EBITDA of $260 Million on Sales of 122,634 Gold Equivalent Ounces