Company Overview

Mako Mining Corp. is a Canadian-based gold mining company focused on the exploration, development, and operation of high-grade gold projects in Central America, primarily Nicaragua. The company operates in the precious metals mining industry with a core emphasis on underground and open-pit gold extraction, processing, and sales. Its revenues are primarily driven by gold production and doré sales from its flagship operating asset.

The company’s principal asset is the high-grade San Albino Gold Mine, which positions Mako as a relatively low-cost gold producer among junior mining companies. Mako’s strategic advantage lies in its high-grade mineralization, established processing infrastructure, and operational focus on cash flow generation rather than speculative exploration. The company was formed in 2017 through the consolidation of Nicaraguan gold assets and transitioned from developer to producer with the commencement of commercial production at San Albino in 2021.

Business Operations

Mako Mining operates as a single-segment gold producer, generating revenue through the mining, processing, and sale of gold-bearing ore. Its operations are conducted through its wholly owned Nicaraguan subsidiary Triton Minera S.A., which holds the mining concessions, processing facilities, and associated infrastructure. Gold is processed on-site into doré, which is sold to international precious metals buyers at market-linked prices.

Operational activities are concentrated in Nicaragua and include underground and surface mining, ore processing, tailings management, and exploration drilling. The company controls its own milling facility and mining fleet, allowing for operational flexibility and cost management. As of available public disclosures, Mako does not rely on material joint ventures for current production, and its revenues are derived almost entirely from gold sales rather than byproducts or third-party services.

Strategic Position & Investments

Mako’s strategic direction centers on maximizing free cash flow from its existing operations while extending mine life through near-mine exploration and selective acquisitions. The company has reinvested operating cash flow into expanding underground development, improving recovery rates, and advancing exploration targets within trucking distance of its processing facility.

Beyond San Albino, Mako has invested in additional Nicaraguan exploration assets, including the Las Conchitas and El Golfo concessions, which are viewed as potential satellite deposits. These assets are at earlier stages of development and are intended to leverage existing infrastructure rather than require standalone capital-intensive builds. Public disclosures do not indicate material investments outside Nicaragua, and data on future large-scale acquisitions remains inconclusive based on available public sources.

Geographic Footprint

Mako Mining’s operational footprint is concentrated in Nicaragua, where all producing and development-stage assets are located. The company’s corporate headquarters and public company administration are based in Canada, while day-to-day mining operations, workforce, and supply chains are centered in northern Nicaragua.

While the company sells gold into international markets, it does not maintain physical operations or owned assets outside Central America. Its geographic strategy emphasizes operating in a single jurisdiction to maintain management focus and operational efficiency, while maintaining access to global gold markets through established buyers.

Leadership & Governance

Mako Mining is led by an executive team with experience in mining operations, capital markets, and project development in Latin America. The leadership philosophy emphasizes disciplined capital allocation, operational execution, and shareholder returns through cash flow generation rather than rapid asset expansion.

Key executives include:

• Akiba Levenhar – President & Chief Executive Officer
• David Gibson – Chief Operating Officer
• Scott Veitch – Chief Financial Officer
• Andrew Willis – Vice President, Investor Relations

The company is governed by a board of directors with backgrounds in mining engineering, finance, and natural resource investing. Information regarding founders and early promoters is limited in public filings, and data is inconclusive based on available public sources regarding any single individual being identified as the sole founder.