Galiano Gold Q2 2026 earnings rise as higher gold prices and sales lift revenue, company says
GAU•Costs, cash flow and liquidity
Costs climbed, with AISC at US$2,473/oz, driven mainly by higher royalties under Ghana’s sliding-scale framework and higher diesel expenses.
Operating cash flow was US$6 million, pressured by working-capital tie-up and US$25.9 million reclassified to restricted cash tied to a dispute.
Liquidity totaled US$80 million cash, US$25.9 million restricted cash, and no debt; development pre-stripping at Nkran Cut 3 reached US$22.1 million.
Q2 revenue and earnings rise on stronger gold prices and sales
For Q2 2026, revenue rose to US$156.6 million on 35,247 ounces sold at US$4,432/oz, lifting net income to US$68.9 million.
Income from mine operations increased to US$92.8 million, reflecting higher realized pricing and volumes despite higher production costs and royalties.
