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High materiality9/10

IDR Q2 2026 revenue rises 13% with rare earth upside and mining progress

Aug 13, 2026, 6:35 AM EDT1 sourcesAI-analyzed

Why it may matterVerify against the original reporting

Strong topline growth and tangible development progress support multiple expansion; near-term risk from wildfire downtime and commodity cycles but long-term REE exposure provides optionality.

AI summary

What happened, with direct paths to the underlying reporting

Idaho Strategic Resources reports Q2 2026 revenue of $10.73M, up 13.25% YoY, with 3,047 oz produced and 91.4% gold recovery at the New Jersey mill. Record development and Jumbo vein progress support future ounce growth, while a wildfire briefly paused milling. The company also emphasizes rare-earth exploration and REE exposure amid policy tailwinds in the US.

Q2 2026 revenue $10.73M, up 13.25% YoY.
Ounces produced 3,047; EPS $0.23; AISC $2,261.81/oz.
Record 384m development; Jumbo vein No.2 ahead.
NJ mill wildfire caused brief shutdown (June 16–24).
REE exposure via REXC; SGS testing on REE prospects.

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IDR Q2 2026 revenue rises 13% with rare earth upside and mining progress

Idaho Strategic Resources, Inc. (IDR) Surpasses Q1 Earnings and Revenue Estimates