Day: August 25, 2025

IMPACT Silver Announces Q2 2025 Financial Results with 27% Increase in Revenue

IMPACT Silver reported Q2 2025 revenue of $9.8 M, a 27 % increase from $7.7 M in Q2 2024, driven by higher production at Plomosas and strong metal prices. Mine operating income before amortization was $1.6 M (vs a loss last year). Net loss was $2.0 M. The company ended the quarter with $10.3 M cash, $13.3 M working capital, and no long-term debt.

COFECE Approves Pan American Silver’s Arrangement with MAG Silver

Pan American Silver (Aug 25, 2025) announced Mexico’s COFECE approved its plan of arrangement to acquire MAG Silver. All regulatory, shareholder, and court approvals received; deal expected to close on or about September 4, 2025 (completed on that date). MAG shareholders to elect consideration by Aug 27 (prorated).

Avino Acquires Outstanding Royalties and Contingent Payments on La Preciosa, Achieving 100% Ownership and Lowering Operating Cost Profile

Avino Silver & Gold Mines has acquired 100% ownership of its La Preciosa silver project by purchasing and cancelling all outstanding royalties and contingent payment obligations for about US$22 million. This move eliminates future royalty burdens, enhances project economics, lowers operating costs, and restores full control of the asset ahead of planned production.

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