“We’re pleased to establish this new credit facility with Truist Bank, which not only augments our working capital capabilities, but also demonstrates growing confidence in our business and long-term potential,” said Richard (Rick) Isaak, Senior Vice President and CFO of U.S. Antimony.
Plata Latina Minerals Corporation has completed the sale of the 3% net smelter return on the Naranjillo property for a total of US$6,000,000 to a wholly-owned subsidiary of Fresnillo plc.
Akiba Leisman, Chief Executive Officer, states that “2024 represented a major inflection point for Mako, demonstrating the inherent profitability of our asset base. Not only did we generate $42.2 million in Adjusted EBITDA and $0.27 in EPS for the year, but we achieved that at gold prices nearly $800 per ounce lower than current market prices.”
Fortuna Mining Corp. reported Q1 2025 gold production of 91,893 ounces and gold equivalent production of 103,459 ounces across its four active mines. The Lindero leach pad expansion was completed on time and within budget. The company repurchased 916,900 shares for $4.16 million and reaffirmed its 2025 guidance of 380,000–422,000 gold equivalent ounces.
“The very high-grade channel sampling results and mapping work at the Copalquin District, Target 2 area enhances the initial assessment of the high prospectivity of the next target area in the district. Drilling has commenced around the two main historic workings of Las Brujas and El Peru before expanding into adjacent areas of significant historic mining activity.”
“A number of significant milestones were achieved during Q1 2025, and we are incredibly proud of these accomplishments. We successfully tied-in the flotation circuits to the processing plant as part of the Media Luna Project and restarted the mill on schedule, commissioned the Guajes Tunnel conveyor, and achieved first production of precious metal rich copper concentrate.”
Bear Creek Mining Corporation is pleased to announce that, further to the Company’s news releases dated March 4, 2025, March 11, 2025 and March 20, 2025, it has closed the Amending Agreements with each of Equinox Gold Corp. and Sandstorm Gold Ltd. to temporarily defer monthly interest payments from and including February 2025 to November 2025, payable pursuant to the Equinox Note, the 2024 Sandstorm Note and the Sandstorm Convertible Debenture until December 31, 2025.
Auxico Resources Canada Inc. has signed an option agreement with Concordia Silver Company S.A. de C.V. for the proposed sale of 100% of the shares of Auxico Resources S.A. de C.V., its wholly owned Mexican subsidiary.
Mexican President Claudia Sheinbaum said on Thursday that her team was seeking to resolve issues which had led to strikes at three mines, including a large copper mine in the Cananea region in the northern state of Sonora.
Southern Empire Resources Corp. granted 1,680,000 stock options to directors, officers, employees, and consultants, exercisable at $0.05 per share for five years from the grant date.
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