MEDELLÍN, Colombia, July 07, 2026--(BUSINESS WIRE)--Mineros S.A. (TSX:MSA, OTCQX:MNSAF, BVC:MINEROS) ("Mineros" or the "Company") is pleased to report its gold sold for the three months ended June 30, 2026 ("Q2 2026") and revised guidance for 2026.
Daniel Henao, President and CEO of Mineros, commented: "The second quarter results demonstrate the strength and consistency of our operations across both jurisdictions. In Nicaragua, production increased and reflects the sustained success of our metallurgical optimization program and the significant by-product value embedded in our operations. These are not isolated gains; they are the product of deliberate and disciplined investment in our plant and our people. In Colombia, gold sold of 22,482 ounces represented an 8% year-over-year increase, reflecting encouraging operational improvements.
With 122,634 gold equivalent ounces sold in the first half of 2026, we have strong confidence in our full-year trajectory, and we are pleased to raise the top end of our 2026 consolidated production guidance to 240,000 ounces. The fundamentals of our business — disciplined operations, a growing and increasingly productive asset base, and a robust gold price environment — position Mineros well to continue delivering value for our shareholders."
Q2 2026 Highlights
Strong quarterly gold sold: 59,639 ounces of gold, an 11% increase over the 53,906 ounces sold in Q2 2025, driven by continued operational optimizations in Nicaragua and Colombia.
Record silver sold: 150,680 ounces of silver, more than double the 70,732 ounces sold in Q2 2025, a 113% year-over-year increase driven by sustained improvements in metallurgical recovery at the Hemco processing plant.
Solid gold equivalent output: AuEq¹ sold of 61,849 ounces, a 13% increase over the 54,629 AuEq ounces delivered in Q2 2025.
Hemco outperformance: The Hemco Property in Nicaragua continued to set the pace with 37,157 ounces of gold, a 12% year-over-year increase, and silver sold of 148,565 ounces — more than double the prior-year period. Processing capacity continued to advance toward the targeted 2,500 tonnes per day by year-end.
Guidance upgrade: With 122,634 AuEq ounces sold in the first half of 2026, a 12% increase over the same period last year, the Company is raising the top end of its full-year 2026 consolidated gold production guidance to 240,000 ounces.
Operational Review
Mineros delivered a strong second quarter, with consolidated gold sold of 59,639 ounces, an 11% year-over-year increase. Plant optimization at Hemco, mine ramp-up and operational improvements at Nechí drove another quarter of production growth. Combined with a 113% increase in silver sold to 150,680 ounces, the quarter underscores the Company's ability to extract growing value from its existing asset base. Safety and environmental performance remained central to the Company's operational philosophy throughout the period.