McEwen Inc. and Canadian Gold Corp. signed a binding letter of intent for McEwen to acquire all outstanding shares of Canadian Gold by a plan of arrangement. If completed, Canadian Gold becomes a wholly-owned McEwen subsidiary, with Canadian Gold shareholders receiving 0.0225 McEwen shares per share (~C$0.35, a ~26% premium). The deal includes the high-grade Tartan Mine and related assets.
Questcorp Mining Inc. announced on July 28, 2025, engaging National Inflation Association (NIA) for a three-month US$30,000 marketing and investor outreach campaign. Services include email blasts, website features, and blog content to increase awareness. NIA is arm’s-length; no securities issued. Renewal option available.
Pacifica Silver Corp. closed a C$1.0 million private placement, issuing 2 million units at C$0.50 each. Each unit includes one common share and ½ warrant exercisable at C$0.80 for three years. Proceeds will be used for exploration and drilling at the Claudia Silver-Gold Project in Durango, Mexico, and for general working capital.
Pinnacle Silver and Gold Corp. increased its non-brokered private placement to C$1.65M (from C$1M) on August 5, 2025, offering up to 27.5M units at C$0.06 each (1 share + ½ warrant exercisable at C$0.10 for 24 months). Finder’s fees payable. Proceeds advance El Potrero gold-silver project and working capital. Subject to TSXV approval.
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.
Sierra Madre Gold and Silver Ltd. closed the first tranche of a $19.5M private placement, raising $17.75M by issuing 25.36M units at $0.70 each, including one share and half a warrant exercisable at $0.85 for 12 months. Funds will support Guitarra mine expansion, East District exploration, and corporate purposes. The offering awaits TSX Venture Exchange approval.
Questcorp Mining Inc. is advancing surface exploration at its La Union Gold-Silver Project in Sonora, Mexico, ahead of a 1500-meter drilling program in mid-August. The company, holding an option to earn 100% interest from Riverside Resources, identified stacked thrust faults and intrusive bodies, enhancing the project’s mineralization potential. Sampling and road maintenance are ongoing, with drill contracts nearing finalization.
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