Mithril Silver and Gold Limited (ASX:MTH) has requested a trading halt on its securities, pending a forthcoming announcement. The halt will remain in place until the announcement is released or normal trading resumes on June 3, 2025, unless otherwise decided by the ASX. This action is issued by ASX Compliance.
Pan American Silver Corp. (NYSE: PAAS, TSX: PAAS) released its 2024 Sustainability Report, detailing ESG achievements: reduced water use by 220,000 m³, surpassed GHG emissions reduction targets, invested US$20.3M in communities, and increased women hires to 23%. The report aligns with GRI, SASB, and TCFD standards. S&P Global ranked Pan American in the top 7% of the Metals & Mining industry.
Endeavour Mining plc (LSE:EDV, TSX:EDV, OTCQX:EDVMF) completed a US$500M 7.000% senior notes offering due 2030, using proceeds to finance a tender offer for US$464.3M of its 5.000% senior notes due 2026 and pay related fees. The company plans to redeem the remaining US$35.7M of existing notes. The finance card above shows EDV’s current stock price at $63.88 USD.
Fresnillo PLC faces a potential USD630 million payment to a Mexican community for illegally mining their land, following a court-ordered review, per the Times. The court ruled Fresnillo must return the gold or pay its equivalent value. The company, challenging the review as an expert opinion, saw shares rise 0.1% to 1,135.00 pence, up 75% in 2025.
Alamos Gold Inc. declared a quarterly dividend of US$0.025 per share, payable on June 26, 2025, to shareholders of record by June 12, 2025. The company has paid dividends for 16 years, returning $21 million in 2025. A Dividend Reinvestment Plan (DRIP) allows shareholders to receive shares at a 1% discount instead of cash. Enrollment details are on Alamos’ website.
Santacruz Silver Mining Ltd. reported strong FY 2024 results, with revenues up 13% to $283 million, gross profit soaring 1670% to $57 million, and net income rising 1594% to $165 million. Adjusted EBITDA increased 200% to $53 million, and cash reserves grew 622% to $36 million. Despite a 1% drop in silver equivalent ounces produced, operational improvements and favorable silver prices drove growth.
Golden Minerals Company announced Anil Jiwani as Chief Financial Officer, effective June 1, 2025, succeeding Joe Dwyer, who resigns May 31, 2025. Jiwani, with 20 years of accounting and financial management experience, joins via Avisar Everyday Solutions Ltd., which will provide outsourced accounting services. Jiwani’s expertise is expected to enhance financial operations while reducing costs.
Canasil Resources Inc. completed and filed its 2023 and 2024 Audited Financial Statements and Annual Reports on SEDAR+, bringing financial filings up to date. The Q1 2025 Quarterly Report will be delayed until June 16, 2025. The Company is working to revoke a Cease Trade Order to resume normal trading and is reviewing its mineral property portfolio.
GR Silver Mining Ltd. closed a non-brokered private placement, issuing 14,190,000 units for $1,844,700. The company paid $104,442 and issued 803,400 finder’s warrants, exercisable at $0.19 for two years. Securities have a hold period until September 28, 2025, per TSXV rules. The offering is not registered under U.S. securities laws.
First Majestic Silver Corp. announced a second significant gold and silver discovery at its Santa Elena property in Sonora, Mexico, within a year. The newly identified Santo Niño vein, located one kilometre south of the Santa Elena mine, and expanded drilling at the Navidad discovery have revealed high-grade mineralization, enhancing the district’s potential and extending mine life.
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