Year: 2026

Orla Mining has reached a negotiated agreement with workers and the union at its Camino Rojo Mine in Zacatecas regarding the outstanding 2025 productivity bonus. The agreement was approved by employees and formalized before Mexican labor authorities, resolving a labor dispute that previously disrupted operations and reinforcing labor stability at the mine.

Americas Gold & Silver announced that shareholders overwhelmingly approved all director nominees at the company’s June 23 Annual Meeting. Shareholders also voted to reappoint PricewaterhouseCoopers LLP as auditor for the coming year and authorized the Board to set the auditor’s remuneration.

All resolutions were approved at Sierra Madre Gold & Silver’s Annual General Meeting. Shareholders re-elected the five-member board of directors, reappointed the company’s auditor, and approved the stock option plan, reflecting continued shareholder support for the company’s leadership and strategic direction.

Orla Mining has received a court interim order and mailed materials for a July 22, 2026 special shareholder meeting to vote on its proposed acquisition by Equinox Gold. Under the arrangement, Orla shareholders will receive 1.0 Equinox share per Orla share and will own approximately 33% of the combined company upon closing.

Silver Spruce Resources appointed veteran mining executive Charles Main to its Board of Directors, strengthening the company with extensive mine development and production experience. His operational expertise is expected to support the advancement of Silver Spruce’s exploration assets toward future development and enhance the board’s technical capabilities.

Teck Resources has appointed Edwin Shadeo as Acting Vice President, Investor Relations and Treasurer, effective immediately, succeeding Emma Chapman, who is leaving the company to pursue other opportunities. Shadeo has been with Teck since 2005, serving in investor relations, corporate development, the CEO’s office, and treasury, bringing more than two decades of capital markets and corporate finance experience to the role.

Fresnillo announced its investment in Sinda Ltd., agreeing to acquire up to a 5% equity stake through a concurrent private placement tied to Sinda’s NYSE IPO. The investment strengthens Fresnillo’s exposure to a large emerging silver district in Guanajuato while supporting Sinda’s exploration and development plans. The transaction underscores Fresnillo’s strategy of expanding its long-term silver growth pipeline.

Sierra Madre Gold & Silver has completed its acquisition of the Del Toro Silver Mine in Zacatecas from First Majestic. The deal includes US$20 million cash, 10.87 million Sierra Madre shares at closing, plus up to US$30 million in future milestone payments tied to resource growth and mine restart targets. Sierra Madre plans 30,000 metres of drilling and aims to restart production, positioning itself as a potential mid-tier silver producer.

Sinda has launched its NYSE IPO, aiming to raise up to US$235 million to advance its large-scale silver project in Guanajuato. Backed by Thomas Kaplan’s Electrum Group, the company plans aggressive exploration, underground development, and eventual mine construction, positioning itself as one of the largest pure-play silver development stories in the market.