Day: August 24, 2026

McEwen Announces Planned Retirement of COO & Promotions to Its Senior Leadership Team

McEwen announced the planned retirement of COO William Shaver after a 55-year mining career. Channa Kumarage was promoted to VP Operations, Kevin Bromfield to VP Development Projects, and Zahir Jina to VP Permitting, Government Relations and Sustainability, supporting McEwen’s goal of reaching 250,000–300,000 gold-equivalent ounces annually by 2030.

Silver Storm Announces Upsize of Non-Brokered Private Placement to $15.0 Million

Silver Storm Mining increased its non-brokered private placement from C$7.5 million to C$15 million due to strong investor demand. Proceeds will fund surface and underground drilling at the La Parrilla Silver Mine Complex in Durango and provide general working capital. Eric Sprott’s previously announced participation remains unchanged.

Silverco Mining Provides La Negra Mine Operations Update

Silverco Mining reports operational improvements at La Negra, targeting 2,500 tpd nameplate capacity by H1 2027. Initiatives include a renewed underground fleet, dry-stack tailings system, improved grade control and campaign milling. A 15,000-metre exploration program is underway, while SGS prepares an updated resource estimate and PEA expected in late Q3 2026.

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