Vortex Metals closed the second tranche of its private placement, raising $605,000 through 12.1 million units at $0.05 each. Each unit includes one share and half a warrant exercisable at $0.06 for 36 months. Proceeds will fund exploration in Chile and Mexico, corporate development and working capital.
Goldgroup completed a C$101.1 million investment in Luca Mining through subscription receipts tied to Luca’s proposed Cozamin Mine acquisition. If the acquisition closes and the receipts convert, Goldgroup would own about 19.9% of Luca and, while holding at least 10%, could nominate two directors and maintain its ownership in future financings.
Canuc closed a C$5.988 million private placement, issuing 4.99 million units at C$1.20 each. Each unit includes one share and half a warrant; whole warrants are exercisable at C$1.80 for two years. Proceeds will fund engineering, mine planning and drilling at East Sudbury, plus exploration studies at San Javier.
Vortex Metals President Thibault White presented the company’s Chilean and Mexican exploration projects to investors at Munich’s 26th Equity Investment Conference, discussing strategy, financing and project timelines. Separately, Vortex granted an officer 500,000 options at C$0.05, vesting quarterly over 12 months and expiring in five years.
GoGold reported fiscal 2026 production of about 1.86 million silver-equivalent ounces, including 1 million ounces of silver, up 18% year over year. Parral’s September-quarter output rose 11% sequentially. Year-end cash reached US$288 million despite Los Ricos South construction spending, and construction is progressing as planned.
First Majestic and Mexico agreed in principle to a framework resolving the legacy tax dispute involving subsidiary Primero Empresa Minera. The arbitration tribunal suspended proceedings through December 31, 2026, while the settlement is finalized; the parties may seek an extension into Q1 2027. If settlement fails, First Majestic may resume arbitration.
Mining Americas reported 7,915 oz of Q3 gold production and 7,620 oz sold at its Pan mine in Nevada, bringing 2026 year-to-date output to 24,786 oz. Production matched plan, and 2026 guidance remains 32,000–38,000 oz. Quarter-end cash was US$36 million, following a US$5.3 million Cerro de Oro permit payment.
Heliostar submitted an environmental impact statement (MIA-R) and environmental risk study (ERA) to SEMARNAT for the proposed underground Ana Paula project. The plan would reduce surface disturbance by about 65% compared with the previously approved open-pit plan. Heliostar targets a construction decision for mid-2027.
Equinox Gold produced 237,019 oz of gold in Q3 and 611,483 oz year to date after completing its Orla combination, which added Musselwhite and Camino Rojo. It remains on track for 2026 guidance of 870,000–920,000 oz (about 1.1 million including Orla’s full-year contribution); Canadian operations are expected to strengthen into year-end. Equinox Gold
McEwen agreed to sell its Fuller property, 60% Paymaster interest and a Timmins surface parcel to Discovery subsidiary Dome for US$55 million—US$5 million cash and US$50 million in Discovery shares, subject to customary approvals. Separately, it received US$13.5 million by assigning a McEwen Copper loan receivable, bringing expected additional growth capital to about US$68.5 million.
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