Month: May 2026

Americas Gold and Silver reported record Q1 2026 silver production of 787,000 ounces and record sales of 830,000 ounces, driven by strong performance at the Galena Complex and commercial production at EC120 in Cosalá, Mexico. Revenue increased 187% to US$67.8 million, while the company posted net income of US$10.0 million and ended the quarter with US$122.4 million in cash.

J2 Metals closed the second and final tranche of its flow-through financing, issuing 1.02 million shares at $0.35 for $356,000. Combined with the first tranche, J2 raised $834,000. Net proceeds will advance exploration at the Miniac Project in Québec and support general corporate purposes.

Guanajuato Silver accelerated repayment of its gold loan with Ocean Partners by repaying 1,580.4 ounces of gold — equal to one full year of payments — using cash on hand. The company’s loan obligations are now covered until May 2027. Since inception, 46% of the original loan balance has been repaid, reflecting improving cash flow and stronger operating performance.

Southern Silver Exploration announced a non-brokered LIFE private placement of up to 6.67 million common shares at C$0.60 per share for gross proceeds of up to C$4.0 million. Proceeds will fund drilling, resource updates, and engineering work at the Cerro Las Minitas silver-lead-zinc project in Durango, Mexico, along with working capital and general corporate purposes.

Vizsla Silver Corp. appointed former Mexican mining official Ángel Diego Gómez Olmos as Vice President of Government Relations. Based in Mexico City, he will oversee government and regulatory affairs, focusing on permitting for the Panuco silver-gold project in Sinaloa. Gómez Olmos previously led key Mexican mining agencies including FIFOMI and the Dirección General de Minas.

Discovery Silver reported strong Q1 2026 financial results, generating revenue of $285 million, net earnings of $81.7 million, and EBITDA of $177.9 million, supported by gold production from its Porcupine operations in Ontario. The company ended the quarter with $384.9 million in cash and announced plans to acquire Glencore’s Kidd operations to expand processing capacity and support future growth.

Avino Silver & Gold Mines reported record Q1 2026 financial results, with revenue rising 109% year-over-year to US$39.4 million and net income reaching a quarterly record of US$15.9 million. Strong silver prices, improved mill performance, and disciplined cost management drove record EBITDA and cash flow as the company advances its growth strategy in Mexico.

Coeur Mining, Inc. announced its inaugural semi-annual dividend of US$0.02 per share under its updated financial policy introduced earlier this year. The dividend will be paid on June 10, 2026, to shareholders of record on May 25, 2026. Coeur highlighted its strong financial position following record first-quarter results and recent acquisitions, including the New Gold transaction.