Month: May 2026

Endeavour Silver Announces Q1 2026 Financial Results

Endeavour Silver reported record Q1 2026 financial results, with revenue rising 230% to US$209.7 million and net earnings reaching US$64.9 million compared to a US$32.9 million loss in Q1 2025. Higher silver and gold prices, combined with major production growth from the Terronera and Kolpa operations, drove a 78% increase in silver-equivalent production to 3.34 million ounces.

Torex Gold Reports Enhanced Return of Capital Program

Torex Gold Resources Inc. announced an enhanced capital return program targeting US$350 million to shareholders in 2026 through dividends and share buybacks. The company increased its quarterly dividend 7% to C$0.16/share and repurchased over 2.4 million shares to date. Torex said it will continue funding growth initiatives at Morelos, Los Reyes, and exploration projects in Mexico and Nevada.

GoGold Announces Record Quarterly Operating Cash Flow

GoGold Resources Inc. reported record quarterly operating cash flow driven by strong performance at its Parral tailings operation in Chihuahua. The company highlighted robust revenues, strong net income, and a cash balance of approximately US$245 million, positioning it to advance construction plans at the Los Ricos South project in Jalisco while awaiting final permits.

Orogen Royalties Appoints Mr. Chad Wells to the Board of Directors

Orogen Royalties Inc. announced the appointment of Chad Wells to its Board of Directors. Wells brings more than 25 years of experience in mineral royalties, project generation, and exploration agreements. The company said his expertise in royalty portfolio creation and capital allocation will support Orogen’s continued growth strategy in North America.

Heliostar Announces Addition to Management Team and Ana Paula Focused Reorganization

Heliostar Metals announced a management reorganization to advance the Ana Paula gold project in Guerrero toward production. Dennis Wilson was appointed VP HSE&S, while Hernan Dorado was promoted to VP Operations overseeing La Colorada and San Agustin. CEO Charles Funk said the restructuring shifts focus from restarting operations in 2025 to developing Ana Paula in 2026.

Equinox Gold Declares Quarterly Cash Dividend of US$0.015 per Common Share

Equinox Gold declared a quarterly cash dividend of US$0.015 per common share, payable on June 5, 2026, to shareholders of record on May 21, 2026. The dividend is designated as an eligible dividend for Canadian tax purposes and reflects the company’s confidence in its strengthened balance sheet, growing cash flow, and long-term growth strategy.

Diamond Drilling Commences at the High Grade Gavilanes Silver Project in Mexico

Advance Metals has commenced a 4,500-metre maiden diamond drilling program at its wholly owned Gavilanes silver project in Durango, Mexico. The campaign will target extensions of high-grade silver mineralization and test regional exploration targets beyond the current 22.4-million-ounce AgEq foreign estimate at the project.

Pan American Silver Reports First Quarter 2026 Financial Results; Strong Mine Operating Earnings Lead to Record Cash Balance and an Enhanced Shareholder Return Framework

Pan American Silver reported strong Q1 2026 financial results driven by solid production, higher metal prices, and disciplined cost management. The company generated $488 million in free cash flow, increased cash and short-term investments to a record $1.8 billion, and introduced an enhanced shareholder return framework targeting up to $1 billion in dividends and share buybacks during 2026.

Silver Spruce Resources Inc. Provides an Update On Jackie and Diamante Projects

Silver Spruce Resources provided an update on its Sonora projects, agreeing to acquire the remaining 50% interest in the Jackie Au-Ag property from Colibri through shares and a 1% NSR royalty, while relinquishing its 25% interest in the Diamante project to settle C$80,000 in exploration costs. Both transactions remain subject to TSX Venture Exchange approval.

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