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Mako Mng - MAKOF STOCK NEWS

Welcome to our dedicated page for Mako Mng news (Ticker: MAKOF), a resource for investors and traders seeking the latest updates and insights on Mako Mng stock.

Company Overview

Mako Mining Corp (symbol: MAKOF) is a publicly listed gold mining, development and exploration company known for its expertise in high-grade mining operations. With the San Albino gold mine in Nueva Segovia, Nicaragua as its flagship asset, Mako has established itself through a disciplined operational framework and robust exploration programs which span a district-scale land package. The company is also strategically positioned in Guyana with its Eagle Mountain Gold Project and is actively advancing its portfolio with potential acquisitions like the Moss mine in Arizona.

Core Assets and Operations

Mako’s core business is centered on the operation of one of the world’s highest-grade open pit gold mines at San Albino. This asset is renowned for its outstanding ore quality and efficient production methods. The company leverages industry standard, state-of-the-art technology in both mining and processing, ensuring high recovery rates and operational efficiency. Its Eagle Mountain Gold Project in Guyana represents a significant PEA-stage asset that is subject to advanced engineering and environmental studies, providing further opportunities for expansion within a robust geological setting.

Business Model and Strategic Initiatives

The company’s business model is built on generating cash flows from high-grade production to finance ongoing exploration and development of prospective targets. Mako consistently reinvests funds from its profitable San Albino operations into district-scale exploration, ensuring continual growth in its resource base. Recent strategic initiatives, including the acquisition process for the Moss mine, highlight Mako’s approach to leveraging undervalued assets and diversifying its portfolio in attractive mining jurisdictions. This balanced model, combining steady production with strategic acquisitions, underscores the company’s ability to adapt and thrive in varying market conditions.

Operational Excellence and QA/QC

Mako Mining Corp is committed to operational excellence. Every phase of its mining process, from reverse circulation drilling to milling and recovery, is executed with a focus on safety, efficiency and stringent quality control. The company adheres to internationally recognized QA/QC protocols, ensuring that assay samples and production data meet rigorous standards. Through continuous use of advanced geotechnical and metallurgical techniques, the company not only maintains high production standards but also provides transparent and verifiable information to its investors.

Exploration and Growth Potential

Innovation and exploration are at the heart of Mako’s strategy. The company’s disciplined approach to exploration across its 188 square kilometer land package has led to numerous high-grade discoveries that extend beyond current resource estimates. This extended exploration strategy is reflected in its ongoing drilling programs at Las Conchitas and other regional targets. By systematically testing for mineralized extensions and new gold-bearing zones, Mako reinforces its commitment to sustaining long-term growth and solidifying its position within the competitive gold mining landscape.

Leadership and Governance

Mako is led by an experienced management team with substantial expertise in mining, geology and corporate strategy. The executive leadership, supported by a board comprising independent and non-independent directors with rich backgrounds in the mining sector, drives the company’s high standards for corporate governance and operational integrity. Their experience is a cornerstone of the company’s ability to navigate complex projects and maintain investor confidence through transparency and consistent performance.

Competitive Position and Industry Expertise

Within a highly competitive global mining sector, Mako distinguishes itself through its commitment to excellence in mining operations and exploration. The company’s methodology emphasizes a careful balance of operational efficiency, technical precision and calculated asset development. By focusing on high-grade ore bodies and maintaining robust cash flows, Mako reinforces its reputation as an industry expert in gold mining and exploration. The detailed and technical approach in its operational updates showcases deep industry knowledge, further bolstering its authoritativeness in the mining community.

Conclusion

Mako Mining Corp has firmly established itself as a key player in the high-grade gold mining space. Its integrated approach—combining profitable, efficient mining operations with a strong exploration portfolio and strategic acquisitions—ensures that the company remains well-positioned within its competitive landscape. Investors and industry stakeholders can rely on Mako’s long-standing operational expertise, rigorous QA/QC methodologies and disciplined management strategy, all of which serve as a testament to its commitment to excellence in the mining industry.

Rhea-AI Summary
Mako Mining Corp. (MKO)(MAKOF) reports Q3 2023 financial results, highlighting a temporary refining contract delay affecting revenues, EBITDA, and cash flow. Despite challenges, the company achieved $10.7 million in revenue, $3.0 million in Adjusted EBITDA, and $4.0 million in Mine Operating Cash Flow. Additionally, Mako made drawdowns and repayments on loans, invested in exploration, and initiated a normal course issuer bid. Following the delay, the company expects a record-breaking Q4.
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Mako Mining Corp. announces its normal course issuer bid to purchase up to 3,290,929 common shares, representing 5% of the total shares outstanding. The purchases will be made through the TSX Venture Exchange and will start on November 7, 2023, and end no later than November 6, 2024. Mako has hired PI Financial Corp. to make the purchases. The company believes that the current trading price does not reflect the true value of the shares and considers the repurchase to be a prudent use of funds.
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Mako Mining Corp. reports updated mineral resource estimate for the San Albino Project in Nicaragua. Measured and Indicated resource of 670,100 tonnes at 11.61 g/t Au for 250,200 gold ounces. Inferred resource of 383,300 tonnes at 10.54 g/t Au for 129,900 gold ounces. No additional capital required for extraction. The company continues to focus on delineating additional deposits on the property.
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Mako Mining Corp. provides Q3 2023 production results from its San Albino gold mine in Nicaragua. Highlights include 11,047 ounces of gold and 13,931 ounces of silver mined, 51,578 tonnes milled, and recoveries of 77.4% for gold. Q3 financial results and detailed operating costs will be released next month.
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Mako Mining Corp. reports outstanding production results with a record 3,817 Au Oz recovered in September. The company expects the trend to continue with access to higher-grade zones at Las Conchitas. Cash and bullion increased from US$1.8M to approximately US$4.7M. Debt repayment and exploration investment are priorities.
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Mako Mining Corp. announces improved production stats and positive impact on cash flow and profitability
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Mako Mining Corp. announces positive results from additional drill holes at Las Conchitas gold mine, with exceptional gold intervals reported in the southern portion. Extraction in the South area scheduled to begin in October. Grades and recoveries have improved since August. Operating update to be released in two weeks.
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Mako Mining Corp. reports Q2 2023 financial results with $12.9 million in revenue, $4.0 million in adjusted EBITDA, and $4.9 million in mine operating cash flow. Permits received for extracting and processing material from Las Conchitas. Wexford Loan expanded by $2 million for working capital during Las Conchitas ramp up.
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Mako Mining Corp. (TSXV:MKO)(OTCQX:MAKOF) announces positive results from RC infill drilling at Las Conchitas, showing high-grade gold and silver intersections. The drilling aimed to enhance the model and Mineral Resource Estimate, with plans to begin mining in the coming months. The results indicate potential for wider zones and improved understanding of vein geometry. A revised geologic model will be generated based on the 230 RC drill holes totaling approximately 9,000 meters.
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FAQ

What is the current stock price of Mako Mng (MAKOF)?

The current stock price of Mako Mng (MAKOF) is $2.75 as of April 8, 2025.

What is the market cap of Mako Mng (MAKOF)?

The market cap of Mako Mng (MAKOF) is approximately 221.6M.

What is Mako Mining Corp's core business?

Mako Mining Corp is focused on high-grade gold mining, development, and exploration, primarily operating its San Albino open pit mine in Nicaragua while advancing projects in Guyana and exploring strategic acquisitions.

Which key assets does Mako Mining operate?

The company operates the San Albino gold mine, recognized as one of the world’s highest-grade open pit gold mines, and has significant interests in the Eagle Mountain Gold Project in Guyana, in addition to pursuing acquisitions like the Moss mine.

How does Mako Mining generate revenue?

Mako generates revenue primarily through its efficient gold mining operations at San Albino, which produce high-grade ore with strong recovery rates, while reinvesting cash flows to further exploration and asset development.

What distinguishes Mako Mining's operational approach?

Mako employs advanced drilling, milling, and quality control procedures, adhering to strict QA/QC standards. This operational excellence ensures high recovery rates, safety, and transparency in its production processes.

How does Mako Mining support its exploration initiatives?

The company reinvests cash flow from its profitable mining operations into extensive exploration programs across a large land package. These programs use state-of-the-art geotechnical techniques to identify and extend high-grade targets.

What can investors expect regarding Mako Mining’s management and governance?

Mako is led by a seasoned management team and supported by experienced directors. This strong leadership, combined with rigorous corporate governance practices, reinforces investor confidence through transparent and reliable operational practices.

How is Mako Mining positioned within the competitive mining sector?

By combining efficient high-grade production with strategic exploration and potential acquisitions, Mako stands out in a competitive sector. Its focus on operational excellence and disciplined asset development differentiates it from other industry players.
Mako Mng

OTC:MAKOF

MAKOF Rankings

MAKOF Stock Data

221.56M
645.72M
2.76%
49.13%
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