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Dundee Corp reports Q1 2026 loss but advances gold projects with $85M Westhaven deal.

Company Fundamentals
12 May 2026
GlobeNewsWire
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Bullish
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In Q1 2026, Dundee Corporation reported a net loss of $6.7 million, driven by fair value declines in mining investments. However, the company made strategic progress by closing an $85 million earn-in and joint venture agreement with Westhaven Gold Corp to develop multiple gold projects in British Columbia, aiming to earn up to a 60% interest. Dundee also strengthened liquidity by selling its net smelter royalty on the Borborema Gold Project, gaining $47.5 million. The company plans to continue disciplined capital deployment and technical engagement to create long-term shareholder value.

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