Year: 2026

Fresnillo reported weaker 2025/quarterly production due to lower ore grades, reduced throughput, and operational constraints at key mines, partly offset by improvements at Juanicipio and Saucito. Silver output was broadly stable year-over-year, while gold declined. The company lowered 2026 production guidance, citing mine plan changes and earlier extraction, but expects recovery from 2027 onward.

Santacruz Silver reported Q1 2026 production of 1.34 Moz silver, 21,640 tonnes zinc, plus lead and copper, across Bolivia and Mexico. Silver output remained stable quarter-over-quarter, supported by a 28% increase at the Bolivar mine as recovery from 2025 flooding progresses. The company emphasized reporting actual metal production over equivalent metrics for greater transparency.

Silver Bull Resources, Inc. provided an update on its arbitration case against Mexico related to the Sierra Mojada project, with final hearings completed and a decision expected by May 2026. Shareholders re-elected directors with ~98% support and approved auditors with 99.6%, reflecting strong backing despite 24% turnout.

Americas Gold & Silver reported record Q1 2026 results, producing 787,000 oz of silver (+76% YoY) and selling 830,000 oz, driven partly by timing of concentrate sales. The company maintains strong liquidity (~$122.6M cash) and plans a major 2026 drill program (~64,000 m) with full-year guidance of 3.2–3.6M oz silver.

Sonoro Gold filed an updated PEA for its Cerro Caliche project in Sonora, outlining a 10-year open-pit, heap-leach operation. The study highlights strong economics, including a $360M pre-tax NPV (8%) and 65% IRR, with average annual production of ~46,000 oz AuEq, low initial capex (~$83M), and rapid 1.7-year payback, supporting development potential.