Month: April 2025

Vizsla Silver Provides Update on At-The-Market Equity Program

Vizsla Silver Corp. updated its at-the-market equity program to sell up to US$200 million in common shares to fund the Panuco Project, working capital, and general corporate purposes. The program, effective until shares are sold or the prospectus expires, involves Canaccord Genuity, CIBC Capital Markets, National Bank Financial, and BMO Capital Markets. The previous ATM agreement from September 2024 was terminated.

Odyssey Marine Exploration Confirms Sufficient Operational Funding and Welcomes New Executive Order

Odyssey Marine Exploration, Inc. welcomes a new Executive Order promoting U.S. offshore critical mineral development, aligning with its expertise in deep-sea exploration. The company, with no immediate plans to issue securities, has a $50 million shelf registration for future capital needs. Odyssey’s projects target battery metals and phosphates, supported by prior funding to sustain 2025 operations.

Americas Gold & Silver to Be Included in Solactive Global Silver Miners Index (SIL)

Americas Gold and Silver Corporation announced its inclusion in the Solactive Global Silver Miners Index, effective May 1, 2025. This recognition highlights the company’s significant silver mining activities, revenue, and market capitalization. CEO Paul Huet noted that inclusion validates Americas’ growth as a silver miner and could attract institutional investment, enhancing liquidity due to the index’s importance for major investment funds.

Guanajuato Silver Reports Third Consecutive Quarter of Positive Mine Operating Income

Guanajuato Silver Company Ltd. reported strong Q4 2024 results, with a 416% increase in mine operating income to $2.66M and a 587% rise in EBITDA to $2.26M. Revenue grew 4% to $19.04M, driven by silver and gold sales. Production reached 730,485 silver equivalent ounces. The company retired two debt facilities and aims to become debt-free.

Heliostar Delivers Strong First Quarter 2025 Results

Heliostar Metals Ltd. reported Q1 2025 results, producing 9,082 GEOs and selling 8,034 GEOs, on track for 31,000-41,000 GEOs annually. Cash costs were $1,175-1,275/GEO, and AISC was $1,375-1,475/GEO, meeting guidance. Gold sold at $2,875/oz. The company ended with $27M cash, no debt, and plans to expand drilling and increase production. Full reporting is expected in July 2025.

Agnico Eagle Announces Election of Directors

Agnico Eagle Mines Limited today announced that, at the annual and special meeting of shareholders held on April 25, 2025 the eleven candidates listed in the management information circular dated March 24, 2025 were duly elected as directors of Agnico Eagle.

Miner Grupo Mexico Posts 17% Profit Jump on Higher Metals Prices

Grupo Mexico reported a 17% surge in Q1 net profit to $1.09 billion, exceeding analyst estimates, driven by higher copper and silver prices and lower production costs. Revenue rose 10% to $4.20 billion. Shares gained 2%. Despite stable copper output, trade tensions between the U.S. and China could impact future copper demand.

Discovery Announces Management Appointments

Discovery Silver Corp. announced key management appointments effective immediately: Pierre Rocque as COO, Jennifer Wagner as EVP Corporate Affairs and Sustainability, Duncan King as VP Canadian Operations, and Eric Kallio as SVP Exploration & Growth. All are seasoned mining professionals with prior success at Kirkland Lake Gold, contributing to the Porcupine Complex acquisition, poised to advance Discovery’s future.

DynaResource, Inc. CEO Rohan Hazelton on Higher Gold Recovery Rate Test Success

Tocvan Ventures drills 712 meters at Gran Pilar, Mexico, with results pending. A May 2 webinar will detail expansion and pilot mine plans. Warrants amended, marketing engaged. DynaResource enhances San José de Gracia with gravity circuit, targeting 80%+ gold recovery, with 95% lab results. SK1300 report and exchange uplisting planned for 2025.

All News