Day: August 4, 2025

Fresnillo Plc Interim Results for the Six Months to 30 June 2025

Fresnillo plc reported a strong 1H25 with a 27.1% rise in adjusted revenues to US$1,982.9m, driven by higher gold and silver prices. Gold production increased 15.9% to 313.8 koz, while silver production fell 11.7% to 24.9 moz. EBITDA surged 102.5% to US$1,102.1m, and free cash flow reached US$1,026.1m. An interim dividend of 20.8 US cents per share was declared.

Southern Copper in talks with government to unlock US $10B+ in stalled mining investment

Southern Copper Corporation is negotiating with the Mexican government to unlock over $10.2 billion in stalled mining investments, including projects in Angangueo, Chalchihuites, El Arco, and El Pilar. Over $600 million will be invested by 2025 to modernize infrastructure and enhance sustainability, pending environmental and operational approvals, strengthening SCC’s position as a leading copper producer.

Odyssey Marine Exploration Announces Funding and Continued Progress Across Its Mineral Resource Project Portfolio

Odyssey Marine Exploration, Inc. (NASDAQ: OMEX) secured over $8 million in 2025 through stock purchases and warrant exercises, funding operations through year-end. This includes $7.6 million from 6.9 million shares, $506,000 from 460,000 warrants, and $2.5 million in converted notes. The company is advancing U.S. offshore mineral projects, Cook Islands initiatives, and a Mexico phosphate project, with updates at the August 21 Emerging Growth Conference.

All News