Defiance Silver Corp. acquired Green Earth Metals Inc., gaining three copper-gold-silver projects in Sonora, Mexico. The deal involved issuing 4,954,613 Defiance shares for all GEMS shares, valued at C$1,263,426. The projects, located in the Porphyry-Copper Belt, cover 6,795.22 hectares near major mines. Defiance plans a comprehensive exploration campaign, including drilling at the Victoria project.
Aura Minerals priced its U.S. IPO at US $24.25 per share for 8,100,510 common shares, intending to list on the Nasdaq Global Select Market under ticker AUGO to improve liquidity and broaden its shareholder base. Net proceeds will help fund the Mineração Serra Grande acquisition, support strategic growth projects like Era Dorada and Matupá, exploration, and general corporate uses.
Newmont Corporation announced the sale of shares in Greatland Resources and Discovery Silver Corp for ~$470 million in net proceeds, reflecting strong equity appreciation. The sales, part of Newmont’s 2024 non-core asset divestiture plan, included half its Greatland shares (230% return) and all Discovery shares (200% return). Newmont expects $3.0 billion in 2025 divestiture proceeds, supporting its capital allocation priorities.
Southern Silver Exploration Corp. announced a C$8.0 million bought deal LIFE private placement, issuing 29.63 million units at C$0.27 each (one share + half warrant at C$0.40 for 36 months). Underwriter: Red Cloud Securities (with over-allotment option). Proceeds for Cerro Las Minitas project and working capital.
Sierra Madre Gold and Silver Ltd. announces a $10 million private placement of 14.29 million units at $0.70 each, led by Beacon Securities. Each unit includes one common share and half a warrant, exercisable at $0.85 for 12 months. Proceeds will expand the Guitarra mine and support working capital. The offering, under NI 45-106 exemptions, closes around July 24, 2025, pending TSX Venture Exchange approval.
Roberto Resources Inc. announced a non-brokered private placement financing of 2,500,000 common shares at $0.40 each to raise US $1.0 million. Proceeds will be used for general working capital and future payables related to its Claudia Project acquisition in Durango, Mexico. The company also plans to change its name to Pacifica Silver Corp. subject to CSE approval.
Minaurum Gold Inc. announced high-grade silver results from the Promontorio Sur vein zone at its Alamos Silver Project in Sonora, Mexico. Drilling intersected 1.05 m of 272 g/t AgEq and 4.95 m of 174 g/t AgEq, indicating potential for deeper high-grade mineralization. The 1.5 km-long zone, part of the 3.5 km Promontorio-Quintera trend, remains a significant exploration target.
Equinox Gold released its 2024 Sustainability Report, highlighting strong ESG progress. Achievements include a 31% improvement in environmental performance, zero major tailings incidents, $10.1M in social investments, and 100% supplier ethics compliance. The company tied executive bonuses to ESG metrics and launched equity and leadership programs, with 2025 goals focused on safety, diversity, risk management, and third-party ESG assurance.
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