A powerful explosion struck ArcelorMittal’s steel facility in Lazaro Cardenas, Mexico, on August 18, 2025. No injuries were reported, and the company is assessing material damages. The cause of the explosion is currently under investigation, with further details pending.
Mammoth Resources Corp. received TSX Venture Exchange approval for a $980,000 private placement, issuing 39,222,300 units at $0.025 each, including one common share and one-half warrant exercisable at $0.05 for 18 months. Jose Antonio Berlanga Lopez acquired a 19.2% stake, supporting a strategic alliance with RM Mineria to advance mineral projects in Mexico, leveraging RM’s extensive mining expertise.
United States Antimony Corporation (USAC) appoints General Jack Keane, a decorated four-star general and national security expert, as an Independent Director. Keane’s extensive military experience, including advising on the Iraq War “surge,” strengthens USAC’s board as it aims to bolster America’s antimony supply chain, critical for national security. His expertise will support USAC’s mission to reduce reliance on foreign critical minerals.
Apollo Silver Corp. congratulates Equinox Gold Corp. on the acceptance of its Castle Mountain Project into the U.S. FAST-41 program, streamlining permitting. Located 165km from Apollo’s Calico silver and barite project in California, this underscores government support for domestic mine development, benefiting Apollo’s significant undeveloped silver deposit.
First Majestic Silver Corp. reported positive 2025 drilling results at its San Dimas Silver/Gold Mine in Durango, Mexico, highlighting significant gold and silver mineralization. Key intercepts include 15.93 g/t Au and 1,112 g/t Ag over 3.57m at Elia vein and 7.66 g/t Au and 495 g/t Ag over 5.17m at Sinaloa vein. The new Coronado vein discovery shows district-scale potential, reinforcing San Dimas as a cornerstone asset.
MAG Silver Corp. has secured all key approvals, except Mexican competition approval, for its acquisition by Pan American Silver Corp. Shareholders must elect by August 27, 2025, to receive $20.54 cash or 0.755 Pan American shares plus $0.0001 per MAG share, subject to proration. The deal, set to close in Q3 2025, will delist MAG shares from TSX and NYSE American.
Colibri Resource Corporation announced the resignation of Jamie Lavigne, P. Geo, from its Board of Directors, effective immediately, thanking him for his technical expertise and contributions. Mark Smethurst, P. Geo, MSc, CFA-Level III Candidate, with over 25 years of mining exploration experience, was appointed to the Board. Smethurst, a Qualified Person under NI 43-101, currently serves as Technical Manager at Canadian Gold Resources Ltd. and brings extensive leadership to advance Colibri’s EP Gold, Pilar, and Diamante projects.
Avino Silver & Gold Mines Ltd. reported assay results from four drill holes at La Preciosa, targeting the La Gloria and Abundancia veins. Highlights include hole PMLP 25-03 with 1,638 g/t Ag and 1.92 g/t Au over 7.90m true width, and hole PMLP 25-04 with 544 g/t Ag and 0.46 g/t Au over 6.42m. The results confirm high-grade mineralization, exceeding resource expectations, and support further drilling to expand the resource. The veins show typical epithermal characteristics, with no notable copper. Assays followed strict QA/QC protocols at SGS Laboratory in Durango.
Sonoro Gold Corp. received TSX Venture Exchange approval for a surface rights lease agreement for its Cerro Caliche Gold Project in Sonora, Mexico, securing 100% control of surface and mineral rights. The company paid US$3.125 million and will issue 5 million shares at CAD$0.15. Funded by US$2.9 million in shareholder loans, the project is in the final permitting stage for a 12,000 tpd open-pit, heap leach mine.
Pacifica Silver Corp. appointed Sophie Hsia to its Board of Directors, bringing over 20 years of legal and mining industry experience, including roles at Imperial Metals and First Majestic Silver. At its AGM on August 15, 2025, shareholders approved all resolutions, including electing directors, appointing Mao & Ying LLP as auditors, and adopting a new stock option plan.
Mexico Mining Center © 2021 / All Rights Reserved
