Month: May 2026

First Majestic Silver reported record Q1 2026 financial results with revenue of US$476.7 million, net earnings of US$128.1 million, and free cash flow of US$223.5 million, driven by strong silver and gold prices and contributions from Los Gatos. The company increased its quarterly dividend to US$0.0171 per share and provided updates on expansion, exploration, and the planned restart of the Jerritt Canyon mine.

Orla Mining reported strong Q1 2026 financial results driven by its first full quarter of production from the Musselwhite Mine and steady performance at Camino Rojo. The company produced over 81,000 ounces of gold, generated approximately US$379 million in revenue, and reported net income of US$75.4 million, significantly improving from a loss in the same period last year.

Goldgroup Mining filed an updated NI 43-101 technical report for its fully owned San Francisco Gold Project in Sonora, Mexico, outlining measured and indicated resources of 1.226 million ounces of gold plus an additional 178,000 inferred ounces. The report highlights significant expansion potential and supports a possible rapid restart of mining operations at the fully permitted past-producing open-pit project.

Oroco Resource Corp. announced the appointment of Charles Cryer as Chief Executive Officer and Director, effective June 16, 2026. Cryer brings more than 30 years of experience in mining engineering, natural resources investment banking, and capital markets, and will lead advancement of the Santo Tomás copper project in Sinaloa, Mexico.

Capitan Silver announced its Annual General and Special Meeting for June 12, 2026, and adopted a shareholder rights plan and a new 10% omnibus equity incentive plan, both subject to shareholder and TSXV approval. The rights plan is intended to protect shareholders from “creeping bids,” while the omnibus plan expands equity-based compensation options for directors, officers, employees, and consultants.

Equinox Gold announced that shareholders approved all resolutions at its May 7, 2026 Annual Shareholder Meeting, with 66.9% of outstanding shares represented. All 10 director nominees were elected, KPMG LLP was reappointed as auditor, and the advisory vote on executive compensation received 73.3% approval.

announced the grant of 2.2 million stock options to directors and a consultant under its Stock Option Plan. The options are exercisable at C$3.40 per share for a five-year term expiring May 7, 2031, and will vest annually at 25% beginning May 7, 2027. The company’s flagship Metates Project in Durango hosts one of the largest undeveloped gold-silver deposits in the Americas.