---
title: "Sunshine Silver Mining & Refining | 8-K: FY2026 Q2 Revenue: USD 0"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295711223.md"
datetime: "2026-08-12T21:15:12.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295711223.md)
  - [en](https://longbridge.com/en/news/295711223.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295711223.md)
---

# Sunshine Silver Mining & Refining | 8-K: FY2026 Q2 Revenue: USD 0

Revenue: As of FY2026 Q2, the actual value is USD 0.

EPS: As of FY2026 Q2, the actual value is USD -0.13.

EBIT: As of FY2026 Q2, the actual value is USD -16.7 M.

#### Cash and Cash Equivalents

Sunshine Silver Mining & Refining Company reported cash and cash equivalents of $288.7 million as of June 30, 2026, a significant increase from $31.0 million as of December 31, 2025, primarily due to net proceeds from its IPO.

#### Net Cash Flow

For the six months ended June 30, 2026, net cash used in operating activities was - $22.8 million. Net cash used in investing activities was - $9.5 million. Net cash provided by financing activities totaled $290.0 million.

#### Net Loss

The company reported a net loss of - $16.7 million for the second quarter of 2026, compared to a net loss of - $7.0 million in the prior-year period. The net loss per basic and diluted share for the second quarter of 2026 was - $0.13.

#### Mineral Resources

The Sunshine Mine holds an Indicated Mineral Resource of 103.9 million ounces of silver at an average grade of 1,022 grams per tonne silver. It also holds an Inferred Mineral Resource of 159.8 million ounces of silver at an average grade of 776 grams per tonne silver.

#### Expected Production and Processing Capacity

The Sunshine Mine is expected to produce an average of approximately 6.7 million ounces of silver per year in its first five years of production, and about 5.8 million ounces of silver annually over a 24-year mine life. The company is advancing plans for a new mill designed to process up to 2,000 tonnes per day (tpd). A new operating hoist for the Jewell Shaft, commissioned in May 2026, has the capacity to hoist 3,500 tpd from the 4,000 Level. The potential Silver-Copper Refinery is targeted to have a nameplate production capacity of approximately 10 million ounces of silver annually, and a new Antimony Plant could potentially deliver up to 34.5 million pounds of finished antimony annually.

#### Operational Milestones

Sunshine Silver Mining & Refining Company completed its initial public offering (IPO) and began trading on the New York Stock Exchange on June 4, 2026. The 50,000-meter infill drilling program was approximately 60% complete as of July 2026. Approximately 1,200 meters of underground development were completed in the first six months of 2026.

#### Outlook and Near-Term Milestones

Sunshine Silver Mining & Refining Company expects to complete its 50,000-meter infill drilling program and approximately 1,300 meters of underground development in the second half of 2026, alongside decommissioning the existing mill by year-end 2026. The company plans to initiate the Silver Summit Project in 2026 and advance engineering work towards completing the Sunshine Mine Feasibility Study in the second quarter of 2027. Feasibility studies for the Silver-Copper Refinery and Antimony Plant are targeted for completion in early 2027, supporting the planned return to production in late 2028, subject to a positive final investment decision.

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