Fortuna Mining Corp. reported Q2 2025 production of 71,229 gold equivalent ounces (GEO) from ongoing operations, with 61,736 ounces of gold. Séguéla and Lindero mines performed strongly, while Caylloma maintained consistent output. The company completed the sale of Yaramoko and San Jose mines, reiterating 2025 GEO guidance of 309,000–339,000 ounces.
Mithril Silver and Gold Limited announced a private placement of 27,778,000 shares at C$0.36 each, raising C$10,000,080. The proceeds will fund exploration at the Copalquin project in Mexico and general corporate purposes. The offering, led by Ventum Financial Corp., includes an option for an additional 15% of shares and is set to close on July 29, 2025, pending regulatory approvals.
GR Silver Mining Ltd. reports high-grade silver results from Phase I underground sampling at Plomosas Mine, Mexico, with up to 3,993 g/t Ag Eq. The program aims to model high-grade zones, collect metallurgical data, and support a Bulk Sampling Test Mining program. Phase II will refine engineering plans, leveraging existing permits and infrastructure for potential 2026 implementation.
Endeavour Silver Corp. reported Q2 2025 production of 1.48 million silver ounces, 7,755 gold ounces, and 2.5 million silver equivalent ounces, up 17% from Q2 2024, driven by the Kolpa acquisition. Guanaceví and Bolañitos outputs were slightly below plan, while Kolpa performed as expected. Terronera’s ramp-up reached 1,400 tpd in June, targeting design capacity in Q3. The company sold 1.47 million silver and 7,706 gold ounces.
Equinox Gold Corp. reports Q2 2025 production of 219,122 ounces, including 51,274 from Greenstone and 72,823 from Calibre Mining assets. Greenstone is ramping up for a stronger H2, while Valentine Gold Mine is on track for first ore in late August. The Calibre merger enhances Equinox’s portfolio, with $406 million in cash and 785,000–915,000 ounces projected for 2025.
Starcore International Mines Ltd. plans to spin out its Côte d’Ivoire exploration interests, covering 1,393 km² including the Kimoukro Gold Project, into a new subsidiary, EU Gold Mining Inc., which will seek a separate Canadian listing. Starcore shareholders will receive one EU Gold share for every two Starcore shares. The move allows Starcore to focus on its Mexican gold and silver assets, while EU Gold develops African properties. The spin-out requires shareholder and regulatory approvals.
Royal Gold Inc. will acquire Sandstorm Gold Ltd. for $3.5 billion in an all-stock deal and Horizon Copper for $196 million in cash, boosting its North American gold streaming portfolio. The deals, offering significant premiums, will add 40 producing assets, increasing Royal Gold’s 2025 production by 26%. The merged entity will operate 80 assets, with precious metals driving 87% of revenue. Closures are expected by Q4 2025, pending approvals.
In a heist near Guadalajara, armed criminals in two vehicles stole a truck carrying 33 tons of gold and silver concentrate from Grupo Minero Bacis S.A. de C.V. on the Durango-Manzanillo highway. The driver and guards were held for 90 minutes but unharmed. The truck was recovered, but the cargo’s whereabouts are unknown. The company suspended operations for safety.
Aura Minerals Inc. launches a U.S. public offering of common shares to raise approximately US$210 million, with shares to be listed on Nasdaq under “AUGO.” The offering, managed by BofA Securities and Goldman Sachs, is U.S.-only via prospectus. No preemptive rights apply, and the offering isn’t registered in Brazil or Canada. A 30-day underwriter option is included.
IMPACT Silver Corp. announced new drill results from the Juarez Zone at its Plomosas zinc-lead-silver mine in Mexico, with high-grade intersections including 30.10% zinc, 7.88% lead, and 61.8 g/t silver. The mineralization, outside existing JORC resources, is near underground infrastructure, enabling rapid mining expansion. Drilling continues to expand resources, leveraging the mine’s high-grade potential.
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