Recent Updates — SKE
Skeena Resources Limited reported a loss of $139.7 million CAD for the six months ended June 30, 2026, compared to a $74.3 million loss in the prior year period. The increase was driven by $19.9 million in interest and finance expenses from NSR royalty accretion, a $15.4 million unrealized loss on TDG Gold Corp. marketable securities, and a $17.7 million foreign exchange loss on Senior Secured Notes translation. Construction at the Eskay Creek Project continues with 4.3 million tonnes of material mined for pre-stripping and construction rock. On April 10, 2026, the company completed a $750 million USD offering of Senior Secured Notes maturing in 2031 with an 8.5% interest rate, using proceeds to repurchase 66.67% of its Gold Stream obligation and fund remaining construction costs.