Month: August 2026

Silver Storm Announces $7.5 Million Non-Brokered Private Placement with Eric Sprott

Silver Storm Mining announced a C$7.5 million non-brokered private placement, fully subscribed by Eric Sprott, comprising 15 million units at C$0.50. Proceeds will fund surface and underground drilling at the La Parrilla Silver Mine Complex in Durango and general working capital as the company advances plans to restart production.

Endeavour Silver Provides Update on Blockade at its Terronera Mine

Endeavour Silver reported no material change in the blockade and temporary suspension of operations at its Terronera Mine in Jalisco. Discussions with representatives of the nearby Ejido community remain ongoing and cordial. The company is seeking a constructive resolution that will allow the orderly resumption of full operations.

IMPACT Silver Reports Q2 2026 Results: Revenue Increased by 124%, Gross Profit up 756% on Silver Leverage, Higher Grades

IMPACT Silver reported Q2 2026 revenue of C$22.0 million, up 124% year-over-year, and net income of C$2.8 million. Zacualpan AgEq production increased 39% to 221,385 oz on higher grades. Plomosas remained under temporary mining suspension while exploration and third-party processing opportunities continued. The company held C$52.2 million cash with no long-term debt.

Newmont Appoints Peter Beaven to Board of Directors

Newmont appointed Peter Beaven to its Board of Directors, effective September 1, 2026, with expected service on the Audit Committee. Beaven was BHP’s Group CFO from 2015–2021 and brings extensive experience in mining, finance, strategy, M&A, capital allocation and risk management across copper and other major commodities.

Silver Dollar Resources Announces AGM Results and Provides Operational Update

Silver Dollar Resources reported that its 3,500-m drill program is progressing at the La Joya Silver-Copper-Gold Project in Durango, testing for San Martin-type mineralization outside the historical resource area. Drilling is expected to continue through mid-September, with results released after assays and interpretation are completed. The company is fully funded for 2026.

Royalties Inc. Escalates Criminal Investigation by Formally Demanding Production Evidence at the Cozamin Mine

Royalties Inc.’s subsidiary Minera Portree escalated its criminal proceedings concerning the Cozamin Mine in Zacatecas, formally requesting production, geological and financial records from Capstone Gold and Metagri. The records are intended to establish mining within five Portree concessions and quantify an alleged unpaid 2% NSR royalty. Royalties Inc. estimates its total claim at approximately US$50 million.

Vortex Metals Engages Global Frontier Advisors and Appoints Ambassador Roberta Jacobson and Ambassador James Story to Advisory Board

Vortex Metals engaged Global Frontier Advisors and appointed former U.S. Ambassadors Roberta Jacobson and James Story to its Advisory Board. The advisors will support government and community engagement aimed at securing drilling permits for the drill-ready Riqueza Marina and Zaachila copper-gold VMS projects in Oaxaca, while also supporting Vortex’s strategic positioning in Chile.

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