The union Los Mineros alleges workers at Mexico’s Camino Rojo mine, owned by Canada’s Orla Mining, were assaulted and threatened into joining a rival union. The case is under review by authorities in Mexico, Canada, and the U.S. under CUSMA’s labour mechanism. The union demands justice and claims employer-backed coercion and organized crime involvement.
GR Silver Mining Ltd. has restructured its management to advance the Plomosas Silver Project in Mexico. Márcio Fonseca is now President and CEO, Eric Zaunscherb is Executive Chair, and key promotions include Alejandro Cano Cabello (VP Operations, Mexico), Luis Coto (VP Exploration), and Gerardo Cicilia Calnacasco (Controller, Mexico). The company is continuing a 3,000-meter drilling program at San Marcial and exploring a Bulk Sampling Test Mining program at the Plomosas Mine. Additionally, 750,000 stock options were granted to officers, exercisable at $0.175 for five years.
Gold Resource Corporation secured an US $6.28 million loan with an 18-month term to fund working capital, advance development and production at the Three Sisters area of its Don David Gold Mine, buy replacement equipment, and upgrade the mill. A warrant for 1.5 million shares was also issued as part of the deal.
Fortuna Mining Corp. held its 2025 AGM on June 26, with 61.54% of shares represented. Shareholders approved all matters, including auditor appointment and election of all eight director nominees with strong majorities (92.83%-99.50% for). Lowest support for David Farrell at 92.83%. (
Santacruz Silver Mining Ltd. approved equity awards under its Omnibus Equity Incentive Plan, granting 3,450,000 stock options, 955,000 restricted share units (RSUs) and 500,000 performance share units (PSUs) to directors, officers, employees and consultants to align compensation with long-term goals. Vesting and terms vary by award type.
Silver Viper Minerals closed a $3.5 M non-brokered private placement, issuing 23,332,792 units at $0.15 (each unit includes one share and half a warrant exercisable at $0.35 for 24 months). Proceeds will fund drilling and exploration at the La Virginia project in Mexico, plus working capital.
Roberto Resources clarified details on its proposed acquisition of the Claudia Gold and Silver Project in Durango, Mexico. The due diligence period was extended to June 30, 2025, and terms include US$25,000 cash, 10 million shares, assuming up to US$500,000 payables, and contingent bonus payments tied to resource milestones; a 50,000 m drilling commitment also applies. Completion remains subject to approvals and conditions.
Quetzal Copper Corp. announced a binding LOI to acquire Silverco Mining Corp. via reverse takeover (June 26, 2025). Silverco’s key asset is the past-producing Cusi silver mine in Mexico with a 1,200 tpd mill. Post-100:1 consolidation, Quetzal holders ~2%. Includes $500,000 bridge loan financing. Subject to approvals.
Kenadyr Metals Corp. has agreed to acquire Exploraciones Margarita S.A. de C.V., holding an 80% interest in the Cerro Grande copper-gold-silver skarn discovery in Sonora, Mexico, from Infinitum Copper Corp. for $100,000 cash and 1,842,719 Kenadyr shares. This acquisition advances Kenadyr’s strategy to develop high-grade copper assets in North America, leveraging the Adelita Project’s significant exploration history.
Vizsla Silver Corp. completed a US$100 million bought deal public offering of 33,334,000 common shares at US$3.00 each, led by Canaccord Genuity. The offering includes a 30-day over-allotment option for up to 5,000,100 additional shares. Proceeds will fund the Panuco and Santa Fe Projects, potential acquisitions, and general corporate purposes. The offering awaits final TSX approval.
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