Newmont (NEM)
MajorNone
- Latest period
- Q2 2026(23 Jul 2026 published)
- Production (latest period)
- 1,293 koz
- AISC (latest period)
- $1,621/oz by-product
- AISC, same period a year earlier
- $1,375(+18%)
- Realised gold price
- $4,414
- 2026 guidance: output
- 5,260 koz?
- 2026 guidance: AISC
- $1,680?
- 2025: output vs guidance
- 5,890 koz / 5,900?
- 2025: AISC vs guidance
- 1,358 / 1,630?
- Gold reserves
- 118.2 Moz?(—)
- Price assumed for reserves
- $2,000?
- Revenue mix
- —
- Hedged, next 12 months
- 0% No hedging disclosure could be confirmed in the material retrieved (unverified).
- Cash / debt
- $9.0bn / $5.1bn
- Operating cash flow / capex (latest period)
- $2.9bn / $0.7bn
- Market value
- $127.9bn
Production by country
- Australia24%
- United States18%
- Ghana13%
- Papua New Guinea10%
- Peru9%
- Mexico7%
- Canada5%
- Dominican Republic4%
- Argentina4%
- Suriname3%
- Ecuador3%
From a mine-by-mine table, FY2025 actual (attributable gold, koz; core portfolio, excludes 209 koz from non-core assets)
Growth Red Chris block cave received key regulatory approvals from the Province of British Columbia. Significant work on the Lihir nearshore barrier starts in H2 2026, and Cadia PC1-2 development spend was deferred from H1 to H2 2026 after seismic events.
Watch points Seismic events at Cadia during the quarter and lower grade from planned mine sequencing affected production. Q2 was the first full quarter of the increased royalties in Ghana.
Sources
10 of 16 figures matched on the source page. ? = not matched, * = source page not readable (checked in the quoted text only). Researched 28 Sep 2026.
Agnico Eagle Mines (AEM)
MajorNone
- Latest period
- Q2 2026(29 Jul 2026 published)
- Production (latest period)
- 856 koz
- AISC (latest period)
- $1,459/oz by-product
- AISC, same period a year earlier
- $1,281(+14%)
- Realised gold price
- $4,483
- 2026 guidance: output
- 3,300–3,500 koz
- 2026 guidance: AISC
- $1,400–$1,550
- 2025: output vs guidance
- 3,447 koz / —
- 2025: AISC vs guidance
- 1,339 / —
- Gold reserves
- 55.4 Moz(31 Dec 2025)
- Price assumed for reserves
- $1,600
- Revenue mix
- —
- Hedged, next 12 months
- 0% No gold sales hedge was found in the release. For currency, the Company has hedged approximately 60% of its estimated remaining Canadian dollar exposure for 2026.
- Cash / debt
- $3.5bn / $0.2bn
- Operating cash flow / capex (latest period)
- $2.1bn / $0.8bn
- Market value
- $98.5bn
Production by country
- Canada87%
- Finland6%
- Australia5%
- Mexico2%
From a mine-by-mine table, FY2025 actual (payable gold production, koz)
Growth Expected 2026 payable gold production remains near the lower end of the guided 3.3 to 3.5 million ounce range, and AISC guidance is unchanged at $1,400 to $1,550. In Q2 the Company consolidated the Rupert Resources, Aurion Resources and FinGold interests in Central Lapland, Finland; development projects cited include Canadian Malartic (Odyssey), Detour Lake underground, Upper Beaver, Hope Bay and San Nicolás.
Watch points A rock mass movement at Barnat reduced 2026 production by 60,000 to 80,000 ounces. The full-year 2026 tax rate is expected at approximately 34% to 36%, and 2026 capital expenditures (excluding capitalized exploration) are now expected at $2.6 billion to $2.8 billion.
Sources
- Results release
- sec.gov/Archives/edgar/data/2809/000110465926014451/aem-20251231xex99d
- sec.gov/Archives/edgar/data/2809/000110465926014451/aem-20251231xex99d
15 of 15 figures matched on the source page. ? = not matched, * = source page not readable (checked in the quoted text only). Researched 28 Sep 2026.
Barrick Mining (B)
MajorNone
- Latest period
- Q2 2026(10 Aug 2026 published)
- Production (latest period)
- 796 koz
- AISC (latest period)
- $1,866/oz per GEO
- AISC, same period a year earlier
- $1,684(+11%)
- Realised gold price
- $4,417
- 2026 guidance: output
- 2,900–3,250 koz
- 2026 guidance: AISC
- $1,760–$1,950
- 2025: output vs guidance
- 3,255 koz / 3,150?
- 2025: AISC vs guidance
- 1,637 / 1,560?
- Gold reserves
- 85.0 Moz?(—)
- Price assumed for reserves
- $1,500?
- Revenue mix
- Gold 68%
- Hedged, next 12 months
- 0% The Q2 2026 results release contains no mention of gold forwards, collars or other hedging.
- Cash / debt
- $5.9bn / $4.7bn
- Operating cash flow / capex (latest period)
- $1.7bn / $1.2bn
- Market value
- $70.6bn
Production by country
- United States49%
- Tanzania12%
- Dominican Republic12%
- Democratic Republic of the Congohigh risk9%
- Argentina7%
- Canada4%
- Côte d'Ivoire3%
- Papua New Guinea3%
- Malihigh risk1%
From a mine-by-mine table, FY2025 actual (attributable gold production, koz, Barrick's share)
Growth Fourmile expects to begin decline development in Q3 2026, with a prefeasibility study targeted for completion in 2028. Lumwana's first copper production is targeted for the end of Q1 2028, and Pueblo Viejo's starter dam permit approval is targeted for Q1 2027.
Watch points Adjusted expenses include additional royalties, penalties and interest from the retrospective application of the 2023 Mining Code to Loulo-Gounkoto for 2024 and 2025. The agreement with Newmont resolves all disputes related to NGM, and the North American IPO is expected to complete by year end.
Sources
- Results release
- globenewswire.com/news-release/2026/08/10/3341633/0/en/barrick-reports
- barrick.com/English/news/news-details/2026/q4-2025-results/default.asp
12 of 16 figures matched on the source page. ? = not matched, * = source page not readable (checked in the quoted text only). Researched 28 Sep 2026.
AngloGold Ashanti (AU)
MajorNone
- Latest period
- Q2 2026(31 Jul 2026 published)
- Production (latest period)
- 744 koz
- AISC (latest period)
- $2,039/oz
- AISC, same period a year earlier
- $1,666(+22%)
- Realised gold price
- $4,446
- 2026 guidance: output
- 2,800 koz?
- 2026 guidance: AISC
- $1,780?
- 2025: output vs guidance
- 3,091 koz? / 2,900?
- 2025: AISC vs guidance
- 1,709? / 1,705?
- Gold reserves
- 36.5 Moz?(—)
- Price assumed for reserves
- $1,700?
- Revenue mix
- —
- Hedged, next 12 months
- 0% No hedging disclosure could be confirmed in the portions of the release that were read.
- Cash / debt
- $2.8bn / $1.8bn?
- Operating cash flow / capex (latest period)
- $1.4bn / $0.5bn
- Market value
- $50.1bn
Production by country
- Australia17%
- Egypt16%
- Tanzania16%
- Ghana15%
- Brazil10%
- Democratic Republic of the Congohigh risk10%
- Guineahigh risk9%
- Argentina6%
From a mine-by-mine table, FY2025 actual (year ended 31 December 2025, attributable, 000 oz)
Growth The company says it aims to bring forward potentially high-return ounces from existing assets, including the North Bullfrog and Arthur gold projects in Nevada. A $2.0bn share repurchase programme was approved.
Watch points Q2 2026 AISC was $2,039/oz, up from $1,666/oz in Q2 2025. The 2026 guidance assumes no operational or labour interruptions, no power disruptions and no further changes to the asset portfolio.
Sources
7 of 16 figures matched on the source page. ? = not matched, * = source page not readable (checked in the quoted text only). Researched 28 Sep 2026.
Gold Fields (GFI)
MajorNone
- Latest period
- H1 2026(25 Aug 2026 published)
- Production (latest period)
- 1,267 koz GEO
- AISC (latest period)
- $1,893/oz per GEO
- AISC, same period a year earlier
- $1,682(+13%)
- Realised gold price
- $4,678
- 2026 guidance: output
- 2,400–2,600 koz
- 2026 guidance: AISC
- $1,800–$2,000
- 2025: output vs guidance
- 2,438 koz / 2,250–2,450
- 2025: AISC vs guidance
- 1,645 / 1,500–1,650
- Gold reserves
- 48.3 Moz(31 Dec 2025)
- Price assumed for reserves
- $2,300
- Revenue mix
- Gold 94%/Silver 4%/Copper 2%
- Hedged, next 12 months
- 0% No gold forward, collar or other sales hedging was found in the H1 2026 results document.
- Cash / debt
- $2.2bn / $2.2bn
- Operating cash flow / capex (latest period)
- $3.1bn / $0.7bn
- Market value
- $36.0bn
Production by country
- Australia42%
- Chile26%
- Ghana16%
- South Africa12%
- Peru4%
Growth Full-year 2026 production guidance for Salares Norte (Chile) was raised to 550,000–600,000 GEO from 500,000–550,000 GEO. Windfall (Canada) EIA approval is expected in H2 2026, with project capital expected at the upper end of US$1.7bn–1.9bn (real 2025 terms).
Watch points Gruyere and Tarkwa are at risk of not meeting full-year production guidance, the timing and terms of the Tarkwa lease renewal remain uncertain, and Damang was transferred to the Ghana government on 18 April 2026. If the Windfall EIA is not received by the end of 2026, the project could slip to at least the back end of 2029.
Sources
- Results release
- sec.gov/Archives/edgar/data/1172724/000162828026055525/h12026tradingst
- fool.com/earnings/call-transcripts/2026/08/25/gold-fields-gfi-q2-2026-
- sec.gov/Archives/edgar/data/1172724/000162828026010046/rr.htm
- sec.gov/Archives/edgar/data/1172724/000117272425000024/sens.htm
17 of 17 figures matched on the source page. ? = not matched, * = source page not readable (checked in the quoted text only). Researched 28 Sep 2026.
Kinross Gold (KGC)
MajorNone
- Latest period
- Q2 2026(29 Jul 2026 published)
- Production (latest period)
- 492 koz GEO
- AISC (latest period)
- $1,821/oz per GEO
- AISC, same period a year earlier
- $1,493(+22%)
- Realised gold price
- $4,483
- 2026 guidance: output
- 1,900–2,100 koz
- 2026 guidance: AISC
- $1,644–$1,816
- 2025: output vs guidance
- 2,012 koz / 1,900–2,100
- 2025: AISC vs guidance
- 1,571 / 1,425–1,575
- Gold reserves
- 20.9 Moz(31 Dec 2025)
- Price assumed for reserves
- $2,000
- Revenue mix
- Gold 97%/Silver 2%
- Hedged, next 12 months
- 0% The Q2 2026 results release does not disclose any gold forward, futures or collar hedge positions.
- Cash / debt
- $2.7bn / $0.7bn
- Operating cash flow / capex (latest period)
- $1.1bn / $0.4bn
- Market value
- $29.7bn
Production by country
- Brazil32%
- United States29%
- Mauritania27%
- Chile12%
Growth At Great Bear (Canada), surface construction is about 93% complete and detailed engineering about 50%, with first production from the main project targeted for late 2029. Round Mountain Phase X underground development is slightly ahead of schedule, with production expected from 2028. Lobo-Marte (Chile) is planned at about 350,000 oz per year at an AISC of about $1,000/oz, with a contribution expected in the early 2030s.
Watch points The release cites possible amendments to mining laws and tailings facility regulations in Brazil, possible amendments to water laws and litigation over the wetlands remediation plan in Chile, and possible amendments to mining laws in Mauritania. The 2026 AISC guidance is $1,730 (+/- 5%) and Q2 AISC was $1,821.
Sources
17 of 17 figures matched on the source page. ? = not matched, * = source page not readable (checked in the quoted text only). Researched 28 Sep 2026.
Northern Star Resources (NST AU)
MajorHedged
- Latest period
- Q2 2026(29 Jul 2026 published)
- Production (latest period)
- 433 koz
- AISC (latest period)
- $1,861/oz by-product
- AISC, same period a year earlier
- $1,542(+21%)
- Realised gold price
- $3,539
- 2027 guidance: output
- 1,500–1,650 koz
- 2027 guidance: AISC
- $2,141–$2,422
- 2026: output vs guidance
- 1,543 koz / 1,700–1,850
- 2026: AISC vs guidance
- 2,698 / 2,300–2,700 AUD
- Gold reserves
- 28.4 Moz(31 Mar 2026)
- Price assumed for reserves
- $2,900
- Revenue mix
- Gold 100%
- Hedged, next 12 months
- 33% No new hedges have been added since August 2024. At 30 June 2026, 788koz remained at an average of A$3,397/oz. The 517.5koz due by June 2027 is about 33% of the FY27 guidance midpoint of 1,575koz (our calculation).
- Cash / debt
- $0.9bn / $1.0bn
- Operating cash flow / capex (latest period)
- $0.7bn / $0.5bn
- Market value
- $23.5bn
Production by country
- Australia81%
- United States19%
Growth The KCGM mill expansion (27Mtpa capacity) has a planned tie-in in September 2026 and is expected to reach an annualised 27Mtpa in FY29. The final investment decision on the Hemi project is targeted for late FY27.
Watch points FY27 AISC guidance of A$3,050-3,450/oz is above the FY26 actual of A$2,698/oz, and the company cites KCGM commissioning and ramp-up uncertainty in its FY27 guidance. FY26 production guidance was cut in March 2026 from the original 1,700-1,850koz to 'above 1,500koz'. The CEO leaves in August 2026 and the successor starts on 5 October 2026.
Sources
- Results release
- nsrltd.com/media/iijpppz4/june-2025-quarterly-activities-report-24-07-
- nsrltd.com/media/zotboicf/4-fy26-financial-results-20-08-2026.pdf
- nsrltd.com/our-assets/resources-and-reserves/
17 of 17 figures matched on the source page. ? = not matched, * = source page not readable (checked in the quoted text only). Researched 28 Sep 2026. (reported in AUD, converted at today's rate)
Evolution Mining (EVN AU)
Mid-tierCopper-heavy
- Latest period
- Q2 2026(15 Jul 2026 published)
- Production (latest period)
- 180 koz
- AISC (latest period)
- $1,198/oz by-product
- AISC, same period a year earlier
- —(—)
- Realised gold price
- $4,161
- 2027 guidance: output
- 660–730 koz
- 2027 guidance: AISC
- $1,260–$1,400
- 2026: output vs guidance
- 715 koz / 710–780
- 2026: AISC vs guidance
- 1,717 / 1,640–1,760 AUD
- Gold reserves
- 12.0 Moz(31 Dec 2025)
- Price assumed for reserves
- —
- Revenue mix
- Gold 71%/Silver 1%/Copper 28%
- Hedged, next 12 months
- 0% No gold or copper hedges. The 120koz Mungari hedge commitment was completed with the final 18koz delivered in the June 2026 quarter.
- Cash / debt
- $0.9bn / $0.9bn
- Operating cash flow / capex (latest period)
- $0.6bn / $0.2bn
- Market value
- $19.1bn
Production by country
- Australia82%
- Canada18%
Growth At Cowal, the Open Pit Continuation project (A$430M budget, spread to FY31) began mining at its first satellite pit, E46. Northparkes E22 block cave is scheduled for initial production by the end of FY30 and Ernest Henry's Bert project for first production in FY29. On 27 July 2026 Evolution announced the acquisition of Carnaby Resources for about A$213M in scrip, with the shareholder scheme meeting expected in late October to early November 2026.
Watch points FY27 gold guidance is 660–730koz, with a lower bottom end than FY26 actual production (715koz), reflecting the end of production at Mt Rawdon and a second-half weighting. The company expects inflation to add 4–5% to FY27 AISC (A$150–160/oz). Heavy rainfall in December 2025 halted underground production at Ernest Henry and cut FY26 output by about 12koz of gold and 8kt of copper.
Sources
- Results release
- evolutionmining.com/wp-content/uploads/evn_fy26_full_year_financial_re
- announcements.asx.com.au/asxpdf/20250813/pdf/06mtbqv2yr3shj.pdf
- australianmining.com.au/mine-cash-flow-bolsters-evolutions-fy26-prospe
- fool.com.au/2026/05/01/evolution-minings-2025-annual-statement-details
15 of 15 figures matched on the source page. ? = not matched, * = source page not readable (checked in the quoted text only). Researched 28 Sep 2026. (reported in AUD, converted at today's rate)
Lundin Gold (LUG CN)
Mid-tierNone
- Latest period
- Q2 2026(6 Aug 2026 published)
- Production (latest period)
- 119 koz
- AISC (latest period)
- $1,176/oz per oz of gold sold (single-metal gold mine; no by-product credit)
- AISC, same period a year earlier
- $927(+27%)
- Realised gold price
- $4,359
- 2026 guidance: output
- 475–525 koz
- 2026 guidance: AISC
- $1,110–$1,170
- 2025: output vs guidance
- 498 koz / 490?
- 2025: AISC vs guidance
- 1,015 / 995?
- Gold reserves
- 5.8 Moz(31 Dec 2025)
- Price assumed for reserves
- $1,700
- Revenue mix
- Gold 100%
- Hedged, next 12 months
- 0% No gold forward, futures or collar hedges were found in the Q2 2026 or FY2025 releases. Gold sales are at realized (spot-linked) prices.
- Cash / debt
- $0.5bn / —
- Operating cash flow / capex (latest period)
- $0.1bn / $0.0bn?
- Market value
- $15.6bn
Production by country
- Ecuador100%
Growth The company plans its largest exploration program to date (133,000 metres of drilling) in 2026. It plans to combine the mine and plant expansions into a single integrated investment decision later in 2026.
Watch points Annual government profit-sharing and income tax payments are stated at $221 million for 2026. The company received a notice of assessment regarding a sovereign adjustment on 2026-09-08 (details not verified here).
Sources
- Results release
- lundingold.com/news/lundin-gold-reports-fourth-quarter-and-full-year-2
- lundingold.com/news/lundin-gold-reports-record-mineral-reserves-and-ex
12 of 15 figures matched on the source page. ? = not matched, * = source page not readable (checked in the quoted text only). Researched 28 Sep 2026.
Alamos Gold (AGI)
Mid-tierHedged
- Latest period
- Q2 2026(29 Jul 2026 published)
- Production (latest period)
- 131 koz
- AISC (latest period)
- $1,728/oz per GEO
- AISC, same period a year earlier
- $1,481(+17%)
- Realised gold price
- $4,504
- 2026 guidance: output
- 510–560 koz
- 2026 guidance: AISC
- $1,775–$1,875
- 2025: output vs guidance
- 545 koz / 530–560
- 2025: AISC vs guidance
- 1,524 / 1,500–1,600
- Gold reserves
- 15.9 Moz(31 Dec 2025)
- Price assumed for reserves
- $1,800?
- Revenue mix
- Gold 99%
- Hedged, next 12 months
- 9% As of June 30, 2026, 50,000 oz of legacy hedges at an average of $1,821/oz remain, to be delivered in the first half of 2027. 35,000 oz were eliminated during Q2. The share is about 9% of the 2026 guidance midpoint (535 koz), an approximation.
- Cash / debt
- $0.6bn / $0.0bn?
- Operating cash flow / capex (latest period)
- $0.2bn / $0.2bn?
- Market value
- $14.4bn
Production by country
- Canada77%
- Mexico23%
Growth The Island Gold shaft is targeted for commissioning in Q1 2027, and the Magino mill expansion is due for completion in Q1 2028. First production at Lynn Lake is expected in the first half of 2029.
Watch points 2026 production guidance was cut from 570-650 koz to 510-560 koz. A June seismic event at Young-Davidson limited access to the 9410 level and reduced H2 mining to about 5,000 tonnes per day, and recoveries at La Yaqui Grande in Mulatos are slower than expected.
Sources
- Results release
- sec.gov/Archives/edgar/data/1178819/000117881926000032/ex991-alamosgol
- sec.gov/Archives/edgar/data/1178819/000117881926000048/ex99212312025md
- sec.gov/Archives/edgar/data/0001178819/000117881926000081/ex9920630202
13 of 16 figures matched on the source page. ? = not matched, * = source page not readable (checked in the quoted text only). Researched 28 Sep 2026.
Endeavour Mining (EDV LN)
Mid-tierCountry risk
- Latest period
- Q2 2026(30 Jul 2026 published)
- Production (latest period)
- 283 koz
- AISC (latest period)
- $1,907/oz
- AISC, same period a year earlier
- $1,458(+31%)
- Realised gold price
- $4,348
- 2026 guidance: output
- 1,090–1,265 koz
- 2026 guidance: AISC
- $1,600–$1,800
- 2025: output vs guidance
- 1,209 koz / 1,110?
- 2025: AISC vs guidance
- 1,433 / —
- Gold reserves
- 16.6 Moz(31 Dec 2025)
- Price assumed for reserves
- $1,500
- Revenue mix
- —
- Hedged, next 12 months
- 0% No hedging figures were found in the company documents that could be read.
- Cash / debt
- $1.3bn / $1.0bn
- Operating cash flow / capex (latest period)
- $0.3bn / $0.1bn
- Market value
- $14.4bn
Production by country
- Côte d'Ivoire46%
- Burkina Fasohigh risk31%
- Senegal23%
Growth The Assafou project expects a final investment decision (FID) by year-end ($5.1bn after-tax NPV5% and 55% IRR at $4,000/oz). The Sabodala-Massawa underground expansion is on track for launch in H2-2026, with first ore targeted by year-end.
Watch points The Côte d'Ivoire royalty rate increased from 6% to 8%. Q2 AISC of $1,907/oz was $73/oz above Q1, due to lower gold production and sales at Sabodala-Massawa and Mana and higher sustaining capital at Houndé for stripping.
Sources
- Results release
- globenewswire.com/news-release/2026/07/30/3335783/0/en/Endeavour-Repor
- endeavourmining.com/news-and-media/news/endeavour-reports-strong-fy-20
- endeavourmining.com/our-portfolio/reserves-and-resources/
14 of 15 figures matched on the source page. ? = not matched, * = source page not readable (checked in the quoted text only). Researched 28 Sep 2026.
Equinox Gold (EQX)
Mid-tierCountry risk
- Latest period
- Q2 2026(5 Aug 2026 published)
- Production (latest period)
- 177 koz
- AISC (latest period)
- $2,175/oz per GEO
- AISC, same period a year earlier
- $1,961*(+11%)
- Realised gold price
- $4,256
- 2026 guidance: output
- 870–920 koz
- 2026 guidance: AISC
- $1,900–$2,000
- 2025: output vs guidance
- 923 koz / 785–915
- 2025: AISC vs guidance
- 1,925? / 1,800–1,900
- Gold reserves
- 19.0 Moz?(31 Dec 2025)
- Price assumed for reserves
- —
- Revenue mix
- —
- Hedged, next 12 months
- 0% Gold collar contracts entered into during 2023 and 2024 produced a loss of $88.6 million in 2025. The hedged share of the next 12 months of production was not found.
- Cash / debt
- $0.3bn / $0.6bn
- Operating cash flow / capex (latest period)
- $0.2bn? / —
- Market value
- $13.9bn
Production by country
- Canada56%
- Nicaraguahigh risk34%
- United States10%
Growth The Orla Mining merger closed on July 31, 2026, and 2026 production guidance was raised to 870,000–920,000 oz, including five months of Musselwhite and Camino Rojo. The Valentine Phase 2 expansion was approved on August 5, 2026, with a $436 million budget, completion in late 2028, and a target of about 223,000 oz per year.
Watch points Q2 AISC of $2,175/oz was above the 2026 guidance range of $1,900–$2,000/oz. Los Filos (Mexico) is planned to restart under 20-year land access agreements, with $35–$40 million of 2026 capex allocated.
Sources
- Results release
- globenewswire.com/news-release/2026/08/05/3339848/0/en/equinox-gold-de
- stocktitan.net/news/EQX/equinox-gold-delivers-strong-second-quarter-re
- equinoxgold.com/news/equinox-gold-delivers-record-q4-production-and-re
- sec.gov/Archives/edgar/data/1756607/000162828026022120/eqx-20251231mda
- equinoxgold.com/news/equinox-gold-delivers-strong-second-quarter-resul
10 of 14 figures matched on the source page. ? = not matched, * = source page not readable (checked in the quoted text only). Researched 28 Sep 2026.
Harmony Gold (HMY)
Mid-tierNone
- Latest period
- FY2026(27 Aug 2026 published)
- Production (latest period)
- 1,430 koz
- AISC (latest period)
- $2,195/oz per GEO
- AISC, same period a year earlier
- $1,804(+22%)
- Realised gold price
- $3,811
- 2027 guidance: output
- 1,300–1,400 koz
- 2027 guidance: AISC
- —
- 2026: output vs guidance
- 1,430 koz / —
- 2026: AISC vs guidance
- 2,195 / —
- Gold reserves
- 27.4 Moz(30 Jun 2026)
- Price assumed for reserves
- $2,915
- Revenue mix
- Gold 93%/Silver 2%/Copper 4%
- Hedged, next 12 months
- 0% The rand gold zero-cost collar book was 618,000oz at year-end (average floor R2,138,055/kg, ceiling R2,403,903/kg). The share of the next 12 months' production hedged could not be confirmed from the release.
- Cash / debt
- — / —
- Operating cash flow / capex (latest period)
- — / $1.0bn?
- Market value
- $11.9bn
Production by country
- South Africa87%
- Papua New Guinea13%
Growth Eva Copper in Australia is expected to reach first production in the second half of calendar year 2028, subject to environmental approvals, and the CSA copper mine is on track for 40,000 tonnes of copper per annum by FY29. FY27 gold production guidance is 1,300,000oz to 1,400,000oz, below FY26 actual production of 1,429,551oz.
Watch points There were 6 fatalities in FY26 (11 in FY25). Eva Copper permitting was delayed by a protected species discovery, and the release cites cyanide supply constraints, Eskom power interruptions and seismic management. Moab Khotsong grade declined to 6.93g/t.
Sources
10 of 11 figures matched on the source page. ? = not matched, * = source page not readable (checked in the quoted text only). Researched 28 Sep 2026.
IAMGOLD (IAG)
Mid-tierCountry risk
- Latest period
- Q2 2026(6 Aug 2026 published)
- Production (latest period)
- 188 koz
- AISC (latest period)
- $2,271/oz per GEO
- AISC, same period a year earlier
- $2,041(+11%)
- Realised gold price
- $4,384
- 2026 guidance: output
- 720–820 koz
- 2026 guidance: AISC
- $2,000–$2,150
- 2025: output vs guidance
- 766 koz / 735–820
- 2025: AISC vs guidance
- 1,900 / 1,830–1,930
- Gold reserves
- 7.5 Moz(31 Dec 2025)
- Price assumed for reserves
- —
- Revenue mix
- Gold 100%
- Hedged, next 12 months
- 0% No gold sales hedges for the next 12 months are disclosed. The Q2 2024 prepay arrangement (gold collar of $2,100 to $2,925 per ounce) was concluded by mid-2025.
- Cash / debt
- $0.5bn / $0.4bn
- Operating cash flow / capex (latest period)
- $0.4bn / $0.1bn
- Market value
- $11.2bn
Production by country
- Canada53%
- Burkina Fasohigh risk47%
Growth The inaugural technical report for the Nelligan Mining Complex (134,000-hectare position after the Northern Superior and Orbec acquisitions) is planned for mid-2027. An updated Côté Gold technical report is expected in Q4 2026; Measured and Indicated resources are 20.3 Moz and Inferred resources are 3.5 Moz.
Watch points Security incidents in Burkina Faso are affecting supply chains. Essakane's royalty is uncapped, and the rate rises 1% for each $500/oz of gold price above $3,000/oz. Côté Gold's 2026 year-to-date cash costs excluding royalties were $1,301/oz, above the full-year guidance of $900 to $1,050/oz.
Sources
- Results release
- newsfilecorp.com/release/284174/IAMGOLD-Reports-Fourth-Quarter-and-Yea
- newsfilecorp.com/release/284136/lAMGOLD-Reports-Mineral-Resources-and-
- newsfilecorp.com/release/308480/IAMGOLD-Reports-Second-Quarter-2026-Re
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Eldorado Gold (EGO)
Mid-tierHeavy debt
- Latest period
- Q2 2026(30 Jul 2026 published)
- Production (latest period)
- 105 koz
- AISC (latest period)
- $1,926/oz by-product
- AISC, same period a year earlier
- $1,520(+27%)
- Realised gold price
- $4,379
- 2026 guidance: output
- 495–600 koz
- 2026 guidance: AISC
- $1,670–$1,870
- 2025: output vs guidance
- 488 koz / 460?
- 2025: AISC vs guidance
- 1,664 / 1,470?
- Gold reserves
- 12.5 Moz(30 Sep 2025)
- Price assumed for reserves
- $1,700?
- Revenue mix
- —
- Hedged, next 12 months
- 0% No gold forwards, collars or forward sales are disclosed in the results release. A realized loss of $97.6 million on gold and copper commodity swaps relating to the Term Facility was recorded in Q2; the hedged share of production is not stated.
- Cash / debt
- $0.6bn / $1.7bn
- Operating cash flow / capex (latest period)
- $0.1bn / $0.4bn
- Market value
- $10.9bn
Production by country
- Canada50%
- Türkiye36%
- Greece14%
Growth At Skouries (Greece), first ore has been crushed on temporary power and first production is expected in Q3 2026. McIlvenna Bay (Canada) produced its first copper concentrate in Q2 and first zinc concentrate in July, and is now included in 2026 guidance.
Watch points Planned lower throughput and grades at Kışladağ (Türkiye), during a major waste-stripping campaign, cut Q2 production to 104,616 oz from 133,769 oz a year earlier. The release cites archaeological discoveries, permitting and power-authority sign-off as possible delays at Skouries (Greece), and higher royalty rates and inflation in Türkiye.
Sources
- Results release
- sec.gov/Archives/edgar/data/0000918608/000091860826000022/eldoradogold
- sec.gov/Archives/edgar/data/918608/000091860826000003/eldoradogoldrepo
- globenewswire.com/news-release/2025/11/26/3195020/0/en/eldorado-gold-r
14 of 17 figures matched on the source page. ? = not matched, * = source page not readable (checked in the quoted text only). Researched 28 Sep 2026.
B2Gold (BTG)
Mid-tierCountry risk
- Latest period
- Q2 2026(6 Aug 2026 published)
- Production (latest period)
- 204 koz
- AISC (latest period)
- $2,356/oz by-product
- AISC, same period a year earlier
- $1,519(+55%)
- Realised gold price
- $3,767
- 2026 guidance: output
- 820–920 koz
- 2026 guidance: AISC
- $2,370–$2,550
- 2025: output vs guidance
- 980 koz / 940–1,045
- 2025: AISC vs guidance
- 1,584 / 1,575–1,635
- Gold reserves
- —
- Price assumed for reserves
- —
- Revenue mix
- —
- Hedged, next 12 months
- 0% Final settlement of the gold collar contracts will be completed in January 2027, and Q2 2026 adjusted net income includes $71 million of realized losses on the collars. The hedged share of the next 12 months' production could not be confirmed from the release. Deliveries into the Gold Prepay contracts were completed as of June 30, 2026.
- Cash / debt
- $0.3bn / $0.5bn?
- Operating cash flow / capex (latest period)
- -$0.1bn? / —
- Market value
- $7.2bn
Production by country
- Malihigh risk57%
- Philippines25%
- Namibia12%
- Canada6%
Growth The Menankoto Exploitation Permit in Mali is awaiting approval by the Council of Ministers of Mali and is expected in the near term. Repairs to the Goose crushing circuit after the April 2026 fire are on track for completion in Q3, and 2026 production guidance is 820,000–920,000 oz.
Watch points A fire in part of the Goose crushing circuit in April 2026 left Q2 production at Goose below expectations. Mali's Fekola accounted for about 57% of Q2 production, and the Menankoto permit is still awaiting approval.
Sources
11 of 13 figures matched on the source page. ? = not matched, * = source page not readable (checked in the quoted text only). Researched 28 Sep 2026.
Wheaton Precious Metals (WPM)
RoyaltyNone
- Latest period
- Q2 2026(6 Aug 2026 published)
- Production (latest period)
- 209 koz GEO
- AISC (latest period)
- $568/oz cash cost per GEO
- AISC, same period a year earlier
- $406(+40%)
- Realised gold price
- $4,452
- 2026 guidance: output
- 860–940 koz
- 2026 guidance: AISC
- —
- 2025: output vs guidance
- 690 koz / 600–670
- 2025: AISC vs guidance
- 514 / —
- Gold reserves
- —
- Price assumed for reserves
- —
- Revenue mix
- Gold 46%/Silver 52%
- Hedged, next 12 months
- 0% No gold forward, futures or collar hedging was found. The only derivative mentioned is warrants in other companies held for strategic purposes.
- Cash / debt
- $0.1bn / $2.0bn
- Operating cash flow / capex (latest period)
- $0.6bn / $4.5bn
- Market value
- $64.9bn
Production by country
- Brazil46%
- Peru24%
- Mexico22%
- Canada7%
- United States1%
From a mine-by-mine table, FY2025 actual, attributable production by metal (gold and silver rows kept separate; not converted to GEO)
Growth The BHP Antamina PMPA, effective April 1, 2026, raised the company's share of Antamina silver production from 33.75% to 67.5%. Blackwater Phase 1A is 57% complete with commissioning planned for Q4 2026, and first gold pour at Koné is targeted for late Q4 2026; annual production is forecast to reach 1,200,000 GEOs by 2030.
Watch points Salobo production fell 11% year over year on lower grades, and Peñasquito silver output fell 14% on lower grades and recoveries. Cash fell from $1.15 billion at year-end 2025 to $100 million after the Antamina and other upfront payments, with $2.0 billion drawn on the term loan and revolving credit facility. A global minimum tax payment of Cdn$346 million for fiscal 2025 is expected around March 31, 2027.
Sources
- Results release
- sec.gov/Archives/edgar/data/0001323404/000119312526338641/d15525dex992
- wheatonpm.com/news/news-details/2026/Wheaton-Precious-Metals-Announces
- wheatonpm.com/news/news-details/2026/Wheaton-Precious-Metals-Exceeds-2
- prnewswire.com/news-releases/wheaton-precious-metals-announces-second-
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Franco-Nevada (FNV)
RoyaltyNone
- Latest period
- Q2 2026(11 Aug 2026 published)
- Production (latest period)
- 132 koz GEO
- AISC (latest period)
- $347/oz cash cost per GEO
- AISC, same period a year earlier
- $299(+16%)
- Realised gold price
- $4,517
- 2026 guidance: output
- 510–570 koz
- 2026 guidance: AISC
- —
- 2025: output vs guidance
- 519 koz / 495–525
- 2025: AISC vs guidance
- 325 / —
- Gold reserves
- —
- Price assumed for reserves
- —
- Revenue mix
- Gold 69%/Silver 14%
- Hedged, next 12 months
- 0% No gold forward, futures or collar hedging was found in the materials reviewed.
- Cash / debt
- $1.0bn / $0.0bn
- Operating cash flow / capex (latest period)
- $0.5bn / —
- Market value
- $49.7bn
Production by country
- South America40%
- Canada25%
- United States16%
- Other12%
- Central America & Mexico7%
Growth Production at Valentine (Equinox) is expected to increase in H2 2026 on higher mill feed grades, and Equinox revised its 2026 guidance to 140,000–150,000 gold ounces. Côté Gold produced 96,200 gold ounces in Q2 2026, and in 2026 the company acquired the Casa Berardi stream ($100 million) and the i-80 Gold royalty, among others.
Watch points Cobre Panamá remains in preservation and safe management with production halted, and First Quantum estimates 30,000 to 40,000 tonnes of copper in 2026. Expected stream deliveries are 23,100 gold ounces and 265,000 silver ounces.
Sources
- Results release
- sec.gov/Archives/edgar/data/0001456346/000110465926094181/fnv-20260630
- sec.gov/Archives/edgar/data/1456346/000110465926025955/fnv-20251231xex
- sec.gov/Archives/edgar/data/1456346/000110465926032133/fnv-20251231xex
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Royal Gold (RGLD)
RoyaltyNone
- Latest period
- Q2 2026(5 Aug 2026 published)
- Production (latest period)
- 100 koz GEO
- AISC (latest period)
- $871/oz cash cost per GEO
- AISC, same period a year earlier
- $596(+46%)
- Realised gold price
- $4,506
- 2026 guidance: output
- —
- 2026 guidance: AISC
- —
- 2025: output vs guidance
- 300 koz* / —
- 2025: AISC vs guidance
- — / —
- Gold reserves
- —
- Price assumed for reserves
- —
- Revenue mix
- Gold 76%/Silver 12%/Copper 8%
- Hedged, next 12 months
- 0% No gold forward, futures or collar hedging was found in the materials reviewed. The company is a royalty and stream business; its debt is drawn on the revolving credit facility.
- Cash / debt
- $0.2bn / $0.4bn
- Operating cash flow / capex (latest period)
- $0.3bn / $0.1bn
- Market value
- $21.4bn
Production by country
- Canada42%
- Dominican Republic24%
- Chile15%
- United States13%
- Zambia6%
From a mine-by-mine table, FY2025 actual, share of total revenue (%) for the five properties Royal Gold names in its 10-K. The other 47% of revenue has no per-property or per-country figure and is left out. koz is null because no attributable ounces per mine were obtained.
Growth Construction at Hod Maden is about 25% complete, and the ownership restructuring closed with a new 2.5% NSR royalty. Funding for Warintza (Ecuador) is conditional, with Ecuador security filings pending.
Watch points 2026 guidance is given by metal (gold 290,000–320,000 oz, silver 3.0–3.5 M oz, copper 21.0–25.0 M lb), with no total-GEO or unit-cost guidance. Settling the Relief Canyon fixed gold delivery obligations added about $12 million of DD&A in the second quarter.
Sources
- Results release
- finance.yahoo.com/markets/commodities/articles/royal-golds-q2-gold-equ
- businesswire.com/news/home/20260218191550/en/Royal-Gold-Reports-Record
9 of 10 figures matched on the source page. ? = not matched, * = source page not readable (checked in the quoted text only). Researched 28 Sep 2026.
Updated 28 Sep 2026 15:53 JST · prices to 28 Sep 2026