- CEO
- Cathy Y. Zhai
- Full Time Employees
- 295
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 1100 Melville Street Vancouver BC Canada V6E 4A6
- IPO Date
- Jul 2, 1997
- Business
- Monument Mining Limited is a gold mining company primarily engaged in the production and development of gold mines and projects. Its core operations include gold mining and processing at the Selinsing Gold Mine located in Pahang State, Malaysia, and the Murchison Gold Project in Western Australia. The company also holds a 20% interest in the Tuckanarra Gold Project, jointly owned by Odyssey Gold Ltd in Western Australia. Monument's product portfolio consists mainly of gold produced through open-pit and underground mining operations, along with exploration and development activities targeted at expanding mineral resources and reserves. The company focuses on mining-related services such as gold extraction, flotation processing, and concentrate production. It operates in Malaysia, Australia, and maintains strategic interests in other gold exploration projects in the region.
Recent significant developments for Monument Mining include the announcement and ongoing execution of a $2.5 million expansion drilling program at the Selinsing Gold Mine, aimed at increasing resource estimates and potentially developing a large-scale open pit. The drilling program targets completion by mid-2026 and involves the deployment of additional diamond drilling rigs to accelerate progress. Monument is also optimizing production at Selinsing by improving plant efficiencies, such as installing a larger filter press, and addressing bottlenecks in the processing plant. Concurrently, the company is advancing technical and financial studies to restart and expand operations at the Murchison Gold Project, with plans to increase production capacity from 260,000 tonnes per annum to potentially 750,000 tonnes per annum. These initiatives reflect a strategic focus on resource growth and operational optimization in both Malaysia and Australia. Monument reported strong liquidity with significant cash reserves as of the first quarter of fiscal 2026 to support these activities.
Founded in 2006, Monument Mining Limited is headquartered in Vancouver, Canada. The company employs approximately 280 people across its geographic operations. It emphasizes high standards in environmental management, social responsibility, and governance across its mining and exploration activities. Monument’s industry segments primarily cover gold production and exploration, targeting regional markets in Asia-Pacific and investments in high-quality gold assets in tier-one jurisdictions.
Monument Mining's recent strategic moves also include partnerships and ongoing projects to sustain and grow its gold production profile, supported by disciplined acquisition and exploration to enhance its resource base. The company remains focused on unlocking value from its existing assets while exploring new opportunities within its operating regions.
This description reflects Monument Mining Limited's comprehensive mining product and service offerings along with its latest operational expansions and strategic development initiatives within the gold mining sector.