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.

Aura Announces Intention to Delist from Toronto Stock Exchange

Aura Minerals plans to voluntarily delist its common shares from the Toronto Stock Exchange (TSX) following its July 16, 2025 Nasdaq listing, aiming to consolidate U.S. trading and improve liquidity. The delisting timing is subject to TSX and Brazilian regulator approvals, and rights of holders of B3-listed BDRs will remain unaffected.

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