Artemis Gold Q2 2026 profit rises as Blackwater mine posts higher grades, recoveries and throughput, company says

Reuters2026/08/06 11:17

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Artemis Gold posted Q2 2026 net income of CAD 199 million on revenue of CAD 433.58 million, supported by record gold sales of 78,126 ounces.
Quarterly gold production rose to 74,063 ounces, driven by higher feed grades of 1.86 g/t, record recoveries of 92.2%, higher mill throughput.
AISC was USD 955 per ounce sold, benefiting from higher volumes; costs rose on mill optimization contractor and reagent spending, diesel, lease payments.
Operating cash flow was CAD 207.47 million; cash was CAD 178.94 million, total liquidity CAD 878.94 million including an undrawn CAD 700 million RCF.
Expansion spend continued as Phase 1A reached 57% completion with commissioning targeted in Q4 2026; EP2 construction started, budgeted at CAD 1.44 billion.

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. Artemis Gold Inc. published the original content used to generate this news brief on August 06, 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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Artemis Gold Q2 2026 profit rises as Blackwater mine posts higher grades, recoveries and throughput, company says

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