Day: April 28, 2026

Sierra Madre Gold & Silver announced shareholder approval for its acquisition of the Del Toro silver mine from First Majestic. The transaction, valued at up to US$60 million, remains subject to final closing conditions, including financing and regulatory approvals. The acquisition strengthens Sierra Madre’s Mexican portfolio and supports its strategy to restart past-producing assets and grow toward mid-tier silver production.

Orogen Royalties reported record 2025 revenue of $13.1M (+32% YoY) and strong earnings growth, with net income rising ~65–77%. Growth was driven by higher gold prices and a surge in prospect generation income. Despite lower production at Ermitaño, the company remained debt-free with ~$26M working capital and a strong pipeline for continued expansion.