Amaroq enjoyed a strong start to 2026, with 1Q26 operational and financial performance in-line with management expectations and full-year guidance. The flagship high-grade Nalunaq mine in Greenland produced 3.7koz of gold during 1Q26 (4Q25: 2.0koz; 1Q25: nil) from 12.0kt of material at an average feed grade of 19.9g/t Au (materially ahead of FY26 guidance of 14-15g/t) and average recovery of 61% (in-line with the planned c.60%). Cash cost totalled US$9.8m while All-In Sustaining Cost (AISC) was ....
13 May 2026
Amaroq - 1Q grade better than expected; on-track for FY26 target
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Amaroq - 1Q grade better than expected; on-track for FY26 target
Amaroq Ltd. (AMRQ:LON) | 104 0 0.0% | Mkt Cap: 484.7m
- Published:
13 May 2026 -
Author:
Yuen Low -
Pages:
3 -
Amaroq enjoyed a strong start to 2026, with 1Q26 operational and financial performance in-line with management expectations and full-year guidance. The flagship high-grade Nalunaq mine in Greenland produced 3.7koz of gold during 1Q26 (4Q25: 2.0koz; 1Q25: nil) from 12.0kt of material at an average feed grade of 19.9g/t Au (materially ahead of FY26 guidance of 14-15g/t) and average recovery of 61% (in-line with the planned c.60%). Cash cost totalled US$9.8m while All-In Sustaining Cost (AISC) was ....