Empress Royalty has engaged Geomorphic AI to strengthen its royalty and streaming deal origination process. By applying AI-driven geological analysis and mineral prospectivity modeling, the partnership aims to identify high-potential acquisition opportunities more efficiently, supporting Empress’s strategy to expand its portfolio of royalties and streams.
Algo Grande reported that Phase II drilling at its Adelita copper project in Sonora is progressing ahead of schedule, with the first hole completed and a second drill rig being mobilized. New UAV magnetic survey results identified three potential porphyry intrusive centers and confirmed multiple high-priority structural targets for future drilling.
Endeavour Silver produced 1.94 million ounces of silver and 10,474 ounces of gold in Q2 2026, totaling 3.4 million silver-equivalent ounces, a 36% increase over Q2 2025. Growth was driven by the Terronera mine and expanded production at Kolpa, keeping the company on track for a stronger second half of the year.
Defiance Silver has secured 100% ownership of the San Acacio mining concessions at its Zacatecas Silver Project after completing the final US$2.3 million option payment. The company is advancing a 10,000-metre drill program to support an updated mineral resource estimate while consolidating full ownership of its flagship Mexican projects.
EV Resources has outlined a 10–12 month pathway to production at its Tecomatlán antimony processing plant, while reporting encouraging metallurgical and drilling results from the Los Lirios project. The company is advancing permitting, third-party ore supply agreements, and Phase 2 drilling to support its strategy of becoming a near-term North American antimony producer.
Torex Gold’s Preliminary Economic Assessment for the Los Reyes project outlines a robust, internally funded development opportunity with an after-tax NPV of US$1.49 billion and 37% IRR. The study envisions average annual production of 161,000 gold equivalent ounces over the first 11 years, positioning Los Reyes as the company’s next major growth project in Mexico.
Torex Gold produced 96,297 gold equivalent ounces in Q2 2026, keeping the company on track to meet its annual production guidance of 420,000–470,000 AuEq ounces. Higher grades and recoveries are expected in the second half of the year, with financial results to be released on August 6.
Guanajuato Silver announced the resignation of Richard Silas as Vice President of Corporate Development and Corporate Secretary to attend to a personal matter. He will remain on the Board of Directors, while Susana Del Rio, formerly head of legal and compliance, assumes his executive responsibilities to ensure management continuity.
First Majestic has agreed to sell its non-operating San Martin Silver Mine and associated Jalisco mining concessions to Flextronics Supply and Service for US$90 million. The transaction monetizes an asset on care and maintenance since 2019 through staged cash payments, allowing the company to focus on its core producing operations while strengthening its balance sheet.
Luca Mining reported a new high-grade breccia discovery at its Tahuehueto Mine in Durango, with drilling returning 4.7 metres grading 6.7 g/t gold equivalent. The intercept expands mineralization below existing workings, highlighting strong potential for near-mine resource growth and supporting future mine plan expansion.
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