Fresnillo announced CFO Mario Arreguín will retire after 37 years with the group. Rodrigo Sandoval, formerly CFO of Grupo Gigante and Grupo México’s mining division, becomes CFO Designate on September 21 and formally assumes the role November 1. Arreguín will remain a senior adviser through January 2027 to support the transition.
Goldgroup Mining increased its non-brokered private placement from US$75 million to US$125 million following strong investor demand. Proceeds will support working capital, advancement of its four precious-metals assets—including Don David, Cerro Prieto and San Francisco in Mexico—and potential acquisitions and strategic investments. Closing is expected September 30, subject to regulatory approvals.
Silver Tiger will join VanEck’s GDXJ ETF following its September rebalance. Construction of the El Tigre silver-gold project in Sonora remains on schedule for commissioning and first pour in December 2027. Detailed engineering is 65% complete, road improvements 85%, camp installation 50% and major earthworks 30%.
Axo Metals intersected 18.0 metres grading 8.15 g/t gold at the Sapuchi deposit within its San Antonio project in Sonora. Initial step-out drilling also encountered strong near-surface mineralization 750 metres beyond the existing resource, demonstrating potential to materially expand the project’s mineralized footprint.
Capitan Silver reported high-grade results from 35 holes at Cruz de Plata in Durango, expanding the Jesús María Silver Trend to 2.8 kilometres and discovering two new zones at depth. Highlights include 1.1 metres grading 1,363.1 g/t AgEq and 29 metres grading 181.4 g/t AgEq. Assays remain pending for 78 holes.
Apollo Silver reaffirmed its commitment to help Ejido Benito Juárez address water challenges affecting agriculture, livestock and livelihoods. The company proposes independent technical studies of the aquifer, springs and wells, followed by a jointly defined water program. Community consultations will continue while the resolution reinstating exploration at Cinco de Mayo takes effect.
Heliostar Metals will be added to VanEck’s GDXJ Junior Gold Miners ETF following its September 2026 quarterly rebalance. The inclusion reflects Heliostar’s growth into a multi-asset Mexican gold producer and is expected to increase its institutional exposure, market visibility and trading liquidity.
Algo Grande Copper intersected 30.23 metres grading 1.5% CuEq at the Adelita Project in Sonora, including 3.55 metres at 9.4% CuEq and 1.20 metres at 15.8% CuEq. The shallower intercept confirms high-grade, multi-horizon copper-silver-gold skarn mineralization and expands the Cerro Grande mineralized footprint.
Mining Americas replaced McGovern Hurley LLP with Ernst & Young LLP as its auditor, effective September 10, 2026. The former auditor’s reports for the previous two financial years contained no reservations, and the company reported no disagreements or other reportable events associated with the change.
Silver Tiger intersected 2.1 metres grading 7,720 g/t silver equivalent at its El Tigre Project in Sonora. The high-grade result further demonstrates the strength and continuity of mineralization within the developing underground resource area and supports the company’s ongoing exploration and resource-expansion program.
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