Quarterly Activities Report Q2 2026
| Stock | Stanmore Resources Ltd (SMR.ASX) |
|---|---|
| Release Time | 27 Jul 2026, 8:31 a.m. |
| Price Sensitive | Yes |
Stanmore Resources Q2 2026 Quarterly Activities Report
- ROM production increased by 27% quarter-on-quarter
- Saleable production of 3.3Mt, year-to-date volumes within full-year guidance
- Debt refinancing reduces funding costs and removes annual principal repayments
Stanmore Resources Ltd reported a robust operational performance in the second quarter of 2026. ROM production surged by 27% following the recovery from first-quarter wet weather impacts. Saleable production reached 3.3 million metric tons, with year-to-date volumes aligning with full-year guidance. The company proactively accelerated stripping and pit preparation to bolster the second half. Safety performance remained strong with no serious accidents, and the twelve-month Serious Accident Frequency Rate was 0.51. Market conditions favored Stanmore's products, particularly PCI coal, due to supply constraints and increased demand. The company secured binding commitments to refinance its senior corporate debt facilities, lowering funding costs and improving near-term cash flows.
Stanmore reaffirms its 2026 full-year saleable production guidance.
Stanmore is well positioned for a strong second half, with operational stability and market conditions favoring its products.