Santacruz Silver posts Q2 2026 earnings hit by non-recurring Bolivia tax charges, revaluation loss on zinc-linked CVR liability, company says

Reuters2026/08/15 01:02

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Santacruz posted net income of USD 2 million in Q2 2026, hit by non-recurring tax items and a non-cash CVR revaluation loss.
Revenue fell 11% to USD 113.46 million as lower silver prices, blockade-driven shipment delays at San Lucas, offset higher zinc sales volumes.
Adjusted EBITDA rose 10% to USD 46.66 million as unit costs fell, keeping realized mining margin per silver ounce broadly steady at USD 50.3.
Bolivia road blockades disrupted concentrate exports for about 53 days, lifting inventories to USD 71.88 million at June 30 from USD 57.52 million.
Production rose, with silver up 17% to 1,573,100 ounces on higher throughput and improved Zimapan recoveries; zinc increased 7% to 23,240 tonnes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Santacruz Silver Mining Ltd. published the original content used to generate this news brief on August 15, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Santacruz Silver posts Q2 2026 earnings hit by non-recurring Bolivia tax charges, revaluation loss on zinc-linked CVR liability, company says

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