First Majestic Silver reported Q2 2025 record revenue of $264.2M (+94% Y/Y), mine operating earnings $49.4M, net earnings $56.6M (EPS $0.11), EBITDA $119.9M, and produced 7.9M AgEq oz (+48% Y/Y) at cash costs $15.08/oz and AISC $21.02/oz. Cash position $510.1M.
Orla Mining reports Q3 2025 gold production of 79,645 oz, sales 78,857 oz, revenue $275M, net income $49.3M ($0.15/sh), adjusted earnings $73M ($0.22/sh), record free cash flow $93M. AISC $1,641/oz. Musselwhite exploration confirms 2km extension; Camino Rojo stabilizes after pit event. Cash $327M, net debt $93M.
GoGold Resources announced a C$125M bought deal offering of 47.17M units at C$2.65 each, comprising one share and half a warrant (exercisable at C$3.50 for 3 years). Underwriters have 15% over-allotment option. Proceeds for Los Ricos exploration/development and corporate purposes. Closing ~November 27, 2025.
Tocvan Ventures commenced its maiden drill program at the North Block of Gran Pilar Gold-Silver Project in Sonora, Mexico, on Nov 11, 2025. Initial 2,000m underway (3,000m more proposed) targeting a 3.2km x 1.5km zone with high-grade surface results (up to 5.6 g/t Au, 1,225 g/t Ag); fully permitted for 30,000+m drilling to expand resources.
Silverco Mining Ltd. (TSXV: SICO) reported drill results from San Miguel target at Cusi Property, Mexico: 8.6m @ 250 g/t AgEq and 2.1m @ 1,042 g/t AgEq. The 15,000m 2025 drill program is two-thirds complete, aiming to expand veins for higher-grade resource and production restart.
Questcorp Mining closed the first tranche of its private placement, issuing 14M units at $0.15 for $2.1M proceeds. Each unit: one share and half a warrant exercisable at $0.20 until 2027 (accelerated at $0.50). $2M under Sharing Agreement with Sorbie, settled monthly adjusted by share price vs. $0.1949 benchmark.
Osisko Development reported Q3 2025 cash of $401.4M, drew US$100M from US$450M Appian facility, raised US$203.1M via placements, and advanced Cariboo Gold Project with infill drilling and pre-construction. Sold 877 oz gold from Tintic for $4.4M revenue. Subsequent placement added $82.5M.
Capitan Silver Corp. reports high-grade silver mineralization at Cruz de Plata’s Jesus Maria trend, with drillhole 25-ERRC-26 intersecting 1,767 g/t AgEq over 1.5m within 234 g/t over 25.9m. Expands zones, identifies new structures like Peñoles Fault; ongoing 15,000m program with pending assays and resource update.
Questcorp Mining secured a CAD$2M investment from UK fund Sorbie Bornholm LP via a Sharing Agreement to advance exploration at La Union Gold-Silver Project in Mexico and North Island Copper Property in BC, plus working capital. Leaders expressed confidence in growth and alignment.
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