First Majestic Silver Corp. completed a US$350 million offering of 0.125% convertible senior notes due 2031 (including US$50M over-allotment) on December 8, 2025. Initial conversion rate: 44.7227 shares per US$1,000 principal (approx. US$22.36/share). Proceeds to repurchase US$174.7M existing notes and for general corporate/strategic purposes.
Questcorp Mining Inc. (CSE: QQQ) launched a $750,000 non-brokered flow-through private placement of up to 5.77M units at $0.13 (each with ½ warrant at $0.20/24 months) to fund exploration at its North Island Copper Property, BC. It also closed a final tranche of a prior offering, raising $190,000 via 1.27M units at $0.15.
Regency Silver Corp. (TSXV: RSMX) reported that hole REG-25-25 intersected 23.7m of sulphide-specularite breccia ~35m up-dip/SE of prior high-grade hits (e.g., 38m @ 7.36 g/t Au in REG-23-21). A new Quartz-Feldspar Porphyry body was identified, potentially controlling mineralization. Four holes (2,476m) completed; assays pending.
Colibri Resource Corp. (TSXV: CBI) has commenced reverse circulation drilling at its 4,766-ha EP Gold Project in Mexico’s prolific Caborca Gold Belt, adjacent to Fresnillo plc holdings. CEO Ian McGavney called the start of drilling a key catalyst for exploration momentum in this established mining district.
Aura Minerals updated its multi-year growth outlook, now citing the Era Dorada feasibility study and its recent MSG acquisition. With these assets and planned projects, the company sees potential to exceed 600,000 gold-equivalent ounces (GEO) annually in coming years, up from a prior ~450,000 GEO view — though this is preliminary and subject to approvals and financing.
Capitan Silver Corp. (TSXV: CAPT) announced a C$20M bought deal private placement of 9.855M common shares at C$2.03 each, led by Stifel Canada. An option for an additional 1.478M shares exists. Proceeds will fund exploration at Cruz de Plata project and general purposes. Closing expected December 17, 2025.
Coeur Mining (NYSE: CDE) reported 2025’s largest-ever exploration program at Palmarejo (Mexico): 68,000m drilled across its 300 km² district (only 3% explored). Key wins include extending Hidalgo Corridor veins, confirming Independencia Sur-Norte continuity, and high-grade hits at San Miguel (e.g., 17.9m @ 4.2 g/t Au + 1,870 g/t Ag) plus a new Camuchín discovery, signaling major mine-life extension potential.
Hecla Mining Company (NYSE: HL) will join the S&P MidCap 400 Index effective December 22, 2025. This recognizes its strong performance, ~$11B market cap, and operational excellence in silver/gold mining. Hecla becomes the only precious metals producer in the index, expected to attract more institutional investors and improve liquidity.
Fortune Bay Corp. (TSXV: FOR) announced on Dec 5, 2025 the grant of 1,490,000 incentive stock options at $1.00/share (expiring Dec 4, 2030) and 150,000 DSUs to directors, officers, employees and contractors. Options and DSUs vest over three years.
Apollo Silver Corp. advanced community engagement at its Cinco de Mayo silver project in Mexico, holding productive talks with Ejido Benito Juárez to lift a 2012 access ban. Proposed 30-year agreement includes US$50M annual payments, local hiring priority, and environmental commitments. Discussions continue into early 2026 ahead of Ejido vote.
Mexico Mining Center © 2021 / All Rights Reserved
