Newmont Corporation announced tender offers to purchase up to $2 billion aggregate principal amount of outstanding notes, split into two $1 billion pools with priority levels. Offers expire August 25, 2025; early tenders by August 8 receive $50 premium per $1,000. Pricing uses fixed spreads over U.S. Treasuries.
Goldgroup Mining Inc. (TSXV:GGA) announces its shares now trading on OTCQX Best Market under GGAZF, enhancing U.S. investor access. CEO Ralph Shearing notes this milestone supports doubling Cerro Prieto gold production, advancing the Pinos project, and targeted acquisitions to broaden the shareholder base.
GR Silver Mining Ltd. announced a $12 million bought deal offering, selling 60 million units at $0.20 each. Each unit includes one common share and half a warrant, exercisable at $0.28 for 36 months. Proceeds will advance the Plomosas Project in Mexico and support general corporate purposes. The offering, expected to close by August 12, 2025, is subject to regulatory approvals.
Almaden Minerals Ltd. and Almadex Minerals Ltd. are pursuing arbitration against Mexico under the CPTPP for the complete loss of the Ixtaca precious metals project. The arbitration panel rejected Mexico’s request to consider jurisdictional objections separately, allowing the case to proceed without delay. Almaden expects to provide an update on the arbitration calendar in Q4 2025.
Torex Gold Resources Inc. will acquire Prime Mining Corp. for approximately $449 million (US$327 million), gaining full ownership of the Los Reyes gold-silver project in Mexico. Prime shareholders will receive 0.060 Torex shares per Prime share, a 32.4% premium. The deal enhances Torex’s resource base, diversification, and growth potential, leveraging its Mexican expertise. The transaction is expected to close in H2 2025, pending approvals.
Equinox Gold Corp. reports high-grade gold discoveries at its El Limon Mine in Nicaragua, with drill results up to 36.77 g/t gold over 6.9m. The 2025 100,000m drilling program targets resource expansion, showing potential to extend mineralization. Since acquiring El Limon in 2019, Mineral Reserves increased 700% to 1.12M ounces, with surplus processing capacity supporting future growth.
GR Silver Mining Ltd. announced drilling results from its Step-Out Drilling Program at the San Marcial Area, Plomosas Project, Mexico. The program targets silver mineralization extensions along NE and NW structures, identifying wide, high-grade hydrothermal breccias near the 2023 NI 43-101 resource. Key results include SMS25-05 with 26m at 122 g/t Ag Eq and SMS25-04 with 36m at 144 g/t Ag Eq.
Orla Mining Ltd. reported an uncontrolled material movement of approximately 390,000 tonnes on the temporary north wall at its Camino Rojo Oxide Mine in Mexico on July 23, 2025. No injuries or environmental damage occurred. Mining operations are suspended for geotechnical assessments, expected to conclude within a week, with remediation to follow. The company will process stockpile material (2,243,000 tonnes at 0.32 g/t gold) to maintain production. Updates on full-year guidance are pending.
Mithril Silver and Gold Limited (TSXV: MSG, ASX: MTH) closed a C$11.5 million private placement on July 24, 2025, issuing 31,944,700 shares at C$0.36 each. The funds will advance the Copalquin project in Mexico and support general corporate needs. The offering included a fully exercised Agents’ Option, with shares under a hold period until November 25, 2025.
Newmont Corporation reported a strong Q2 2025 with $2.1 billion net income, $1.6 billion adjusted net income, and record $1.7 billion free cash flow. The company produced 1.5 million gold ounces, declared a $0.25 per share dividend, and authorized a $3.0 billion share repurchase program. Newmont remains on track for 2025 guidance, bolstered by $3.0 billion in divestiture proceeds.
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