Northwire Canada EditionSaturday, July 18, 2026
Sign inSubscribe
Northwire
⌕
AII 19.25 +3.9% GGA 5.95 +12.3% VM 0.140 +3.7% GSR 0.365 +1.4% QCX 0.195 +0.0% EAU 0.085 +0.0% MCM 0.310 +0.0% BAT 0.100 +5.3% SFR 0.370 +68.2% FFU 0.125 +4.2% TVI 0.045 −10.0% ZNX 0.080 +0.0% TSK 1.06 +0.9% OMM 0.050 +0.0% EMO 0.320 −7.2% MDM 0.060 +0.0% AII 19.25 +3.9% GGA 5.95 +12.3% VM 0.140 +3.7% GSR 0.365 +1.4% QCX 0.195 +0.0% EAU 0.085 +0.0% MCM 0.310 +0.0% BAT 0.100 +5.3% SFR 0.370 +68.2% FFU 0.125 +4.2% TVI 0.045 −10.0% ZNX 0.080 +0.0% TSK 1.06 +0.9% OMM 0.050 +0.0% EMO 0.320 −7.2% MDM 0.060 +0.0%
Production / Operations

Majestic Gold Resumes Operations at its Mujin Gold Project

By The Northwire Desk — AI Analysis Mar 23, 2026 · 09:00 MJS · 0.145 Majestic Gold Corp.
MJS · Price

Executive Summary

  • Majestic Gold Corp. announced that mining operations and gold production have resumed at the DGZ Underground Mine within the Mujin Gold Project.
  • The suspension, which began on February 10 2026, was brief; the company does not expect it to materially affect its 2026 annual gold production forecast.

Key Details

  • Production at the DGZ Underground Mine is back online as of the release date.
  • The interruption lasted less than six weeks (February 10 – mid‑March 2026).
  • Management expects no material impact on total 2026 gold output from the Mujin Gold Project.
  • No changes to guidance or financial forecasts were provided beyond the statement that annual production remains on track.

Notable Quotes

(No direct quotes were included in the release.)

Read the original news release →

More from Majestic Gold Corp.

Jul 06, 2026 · 08:31

Majestic’s first African project signals diversification despite dilution and governance risks.

M&A / Property Jun 30, 2026 · 08:05

Majestic closes a dilutive $49m equity raise as governance friction drives its stock to a 52-week low despite a strong cash balance.

Financings Jun 26, 2026 · 19:07

An activist shareholder with a 12.8% stake seeks to replace Majestic’s entire board over a deeply discounted $50 million placement trading at a 39% discount to cash value.

Management Jun 24, 2026 · 14:15

Majestic clears a 37% dilutive financing round despite shareholder revolt, while cost inflation and production dips weigh on fundamentals.

Financings Jun 17, 2026 · 12:00

Majestic raises capital despite holding $171 million in cash, as a governance dispute continues to loom over the company.

Financings Jun 15, 2026 · 21:09

Majestic faces a governance dispute over dilutive financing that clouds its Q1 production recovery and $50M capital raise.

Regulatory