Orogen Royalties reported Q2 2026 net comprehensive income of $2.4 million, versus a $0.2 million loss a year earlier. Royalty revenue increased 54% to $3.2 million, driven by higher gold prices and Ermitaño production. Working capital rose to $32.9 million, with no long-term debt, while G&A expenses declined 41%.
GoGold Resources commenced construction of the fully funded Los Ricos South Mine in Jalisco following receipt of its federal permit in June. The company has US$284 million cash and zero debt. Plant design is 85% complete, earthworks are underway, and underground development begins January 2027. First silver-gold production is targeted for June 2028.
J2 Metals reported sampling up to 1,030 g/t silver at Sierra Plata, where mapping has identified seven veins and 20 historical workings across roughly half the property. Priority targets include El Sabino, San Miguel, El Salto and El Resumidero. J2 is designing systematic trenching while advancing permits for its maiden diamond drilling program.
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 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 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.
Endeavour Silver announced that the blockade at its Terronera Mine in Jalisco has been removed, allowing operations to resume August 24, 2026. The company continues engagement with the local Ejido community to support stable, long-term operations at the mine.
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 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 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.
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