Torex Gold Resources Inc. announced CEO transition: Jody Kuzenko (CEO since 2020, prior COO since 2018) will retire after the June 17, 2026 shareholder meeting following eight years with the company. Andrew Snowden, CFO since 2021, will succeed as President & CEO as part of long-term succession planning.
Pinnacle Silver and Gold hired Torrey Hills Capital for IR (1-year, US$2,000/mo + 300K options vesting quarterly) and granted 2.17M incentive stock options ($0.20 exercise, 3-year term, immediate vesting) to directors, officers, and consultants. Subject to TSXV approval.
Tocvan Ventures upsized its bought deal financing to C$8.7M, issuing 8,700,000 units at C$1.00 each (1 share + 1 warrant at C$1.40 for 36 months). Led by Stifel Canada, with over-allotment for 1,305,000 units. Funds advance Sonora gold projects and working capital. Closing expected ~Feb 19, 2026.
Alamos Gold Inc. announced three-year operating guidance, projecting 46% production growth by 2028 to 755,000–835,000 ounces (from 2025 levels), driven by the Island Gold District expansion and Lynn Lake project. Costs are expected to drop significantly (around 20–24% in AISC and cash costs), with longer-term output reaching ~1 million ounces annually by 2030.
Tocvan Ventures announced a $6M bought deal private placement: 6M units at C$1.00 each (1 share + 1 warrant at C$1.40 for 36 months), led by Stifel Canada, with option for 900K more units. Funds for Sonora gold projects (incl. Pilar) and working capital. Expected close ~Feb 19, 2026.
Independent proxy advisory firms, including ISS, have advised Bear Creek Mining securityholders to vote FOR the proposed arrangement with Highlander Silver and related interest-deferral agreements, saying the combined company should benefit from a stronger balance sheet, enhanced liquidity and elimination of Bear Creek’s debt and streaming burden ahead of the February 17, 2026 voting deadline.
Silver Storm Mining has commenced expansion of the sulphide flotation circuit at its La Parrilla Silver Mine Complex in Durango, Mexico, increasing capacity from 1,000 to 1,250 tpd with eight new flotation cells delivered (two installed, others in Q1 2026). This supports a potential restart in Q2 2026.
Orex Minerals Inc. (TSXV: REX) announced a non-brokered private placement to raise up to $5M by issuing 30,303,030 units at $0.165 each (1 share + 1 warrant exercisable at $0.20 for 24 months). Proceeds for working capital; expected closing ~Feb 12, 2026, subject to TSXV approval.
Gold Resource Corporation announced the resumption of operations at its Don David Gold Mine after an illegal blockade was lifted. Production and mining activities have restarted following negotiations with local stakeholders. The company continues to focus on safe, sustainable operations as it advances mining and processing at the project in Oaxaca, Mexico.
Osisko Development Corp. (NYSE: ODV, TSXV: ODV) appointed Ms. Sarah Harrison as Vice President, Permitting and Compliance, effective February 2, 2026. With over 13 years in mining permitting, environmental assessment, and compliance (Artemis Gold, BC EAO), she bolsters regulatory progress for projects including the Cariboo Gold Project in BC.
Mexico Mining Center © 2021 / All Rights Reserved
