Year: 2025

Aztec Minerals Announces Closing of Upsized C$10 Million Bought Deal Private Placement Including Concurrent Exercise of Over-Allotment Option

Aztec Minerals closed a C$10 million bought-deal private placement led by Stifel Canada, issuing 42.6 million shares at C$0.235 each, including full over-allotment. The underwriter received 7% in cash and broker warrants. Proceeds will fund exploration at the Tombstone and Cervantes projects and for working capital. Securities are subject to a four-month hold.

GoGold Annual Production Increases 45%

GoGold Resources reported a 45% increase in annual production to 2.15 million silver equivalent ounces for FY 2025, driven by strong output from its Parral project. The company ended the year with US $141 million in cash, positioning it to advance Los Ricos North and commence mine construction at Los Ricos South.

Endeavour Silver Announces Commercial Production at Terronera

Endeavour Silver Corp. (NYSE: EXK; TSX: EDR) declares commercial production at Terronera mine in Jalisco, Mexico, effective Oct. 1, 2025, after commissioning exceeded 90% of 2,000 tpd capacity and metal recoveries. Forecasts 360,000 tonnes processed in next 6 months at 122 g/t Ag, 2.52 g/t Au; higher grades mid-2026. 2026 guidance in Jan. Positions as mid-tier silver producer.

Starcore Finalizes Silver Mine Lease

Starcore International Mines Ltd. has finalized a 10-year lease on the historical Tortilla Project silver mine in Queretaro, Mexico, for MX$5M (~US$268K). Features oxide (424 g/t Ag) and sulfide (973 g/t Ag) zones with promising metallurgy (91% Ag recovery). Option to buy claims for US$5M.

Capstone Copper Publishes 2024 Sustainability Report

Capstone Copper released its 2024 Sustainability Report, “Concentrating on Performance,” per GRI/SASB standards. Highlights include Mantoverde concentrator startup, sustainability standards development, Copper Mark awards, and integrated HSE system. Key metrics: 12% GHG reduction, 21% renewable energy, 85% low-quality water use, 48% tailings conformance, and 88% employee engagement. Available at capstonecopper.com/responsibility.

Silver Bull Provides Update on its Arbitration Case Against Mexico

Silver Bull completes 5-day arbitration hearing against Mexico over illegal blockade of Sierra Mojada project since 2019. Under USMCA/NAFTA via ICSID, seeks compensation for expropriation and breaches. Post-hearing briefs due Nov 21, costs Dec 5. Project holds 70.4M tonnes with 5.35B lbs zinc, 87.4M oz silver.

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