Goldgroup outlined a potential restart plan for the San Francisco gold mine in Sonora, targeting mining in Q1 2027 and full production during the second half. The plan contemplates 50,000–60,000 gold-equivalent ounces annually, approximately US$15 million for plant refurbishment and US$40–50 million in working capital.
Silver Spruce Resources entered agreements to settle $66,125 in outstanding debt owed to a company controlled by a former officer and director for $20,000. The company will issue 210,526 common shares at a deemed price of $0.095 per share. The debt settlement remains subject to TSX Venture Exchange approval.
Sinda reported Q2 2026 results following its NYSE IPO, raising $331.3 million including Fresnillo’s strategic investment. The company completed 60,810 metres of Phase 1 drilling and plans another 122,000 metres. Strong Don Diego results highlight expansion potential, while construction of a 9-kilometre exploration decline is targeted to begin in H2 2026.
The hearing for Almaden Minerals and Almadex Minerals’ CPTPP arbitration claim against Mexico has been rescheduled from December 2026 to July 2027. The tribunal extended the hearing from six to up to ten days to allow sufficient examination of witnesses and experts. Almaden believes the added time will support a stronger presentation of its case.
Americas Gold and Silver’s Q2 revenue rose 71% to $46 million, while its net loss narrowed to $5 million. Silver production totaled 665,000 ounces, including 337,000 ounces from Cosalá, up 26%. Galena’s completed shaft modernization increased hoisting capacity by 150%. The company maintained 2026 guidance of 3.2–3.6 million silver ounces.
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