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Is Monument Mining’s Rising Cost Base Limiting Its Gold Growth Potential – MMY?

Aug 24, 2026 | Team Kalkine

Read Time :10 Mins

Is Monument Mining’s Rising Cost Base Limiting Its Gold Growth Potential – MMY? — Image source: Shutterstock

MMY-V:TSX
Investment Type

Small-Cap
Risk Level
Action
Rec. Price (CA$)

This is a full report of the short note published on 24^TH August 2026.

Section1: Company Overview

Monument Mining Limited (TSXV: MMY) is a Canadian gold producer that 100% owns and operates the Selinsing Gold Mine in Malaysia and the Murchison Gold Project in the Murchison area of Western Australia. It has a 20% interest in Tuckanarra Gold Project, jointly owned with Odyssey Gold Ltd in the same region. Located in the Central Gold Belt of Western Malaysia, the Selinsing Gold Mine covers a total area of approximately 150.3 square kilometers (km2) and includes the Selinsing, Buffalo Reef, Felda Land, Peranggih and Famehub properties. The Murchison Gold Project includes the Burnakura, Gabanintha, and Tuckanarra properties, which are located in the Murchison goldfield of Western Australia, over 40 kilometers (km) southeast of Meekatharra and approximately 765km northeast of Perth. Buffalo Reef lies continuously and contiguously along the gold trend upon which the Selinsing Gold Property is located. Both Felda and Famehub are located east and north of the Selinsing and Buffalo Reef properties.

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