Month: May 2026

Equinox Gold announced it will acquire all outstanding shares of Orla Mining Ltd. in an at-market merger that will create a new North American senior gold producer with an implied market value of approximately US$18.5 billion. The combined company is expected to produce about 1.1 million ounces of gold in 2026 from operations in Canada, the U.S., Mexico, and Nicaragua, supported by a strong pipeline of growth projects.

Vizsla Silver Corp. announced that Susy Horna has been appointed Corporate Secretary, replacing Jen Hanson effective immediately. Horna brings extensive mining-sector governance and legal experience, including prior roles with First Majestic Silver and Gatos Silver. The appointment supports Vizsla as it advances the Pánuco silver-gold project in Sinaloa toward development and permitting.

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.