Mexican courts ruled that Capstone Copper owes unpaid 2% NSR royalties on parts of the Cozamin mine to Minera Portree dating back to 2019. Claims could exceed US$50 million including arrears, interest, and future royalties. Capstone’s appeal (“amparo”) remains pending, with a final federal decision expected in coming months.
VVC Exploration said the Ontario Securities Commission rejected its request for a Management Cease Trade Order. Unless overdue filings are completed by June 1, 2026, trading may be suspended. Delays relate to valuation work tied to CYRB. The company also corrected earlier statements regarding CYRB management changes and continues evaluating financing alternatives.
Americas Gold and Silver Corp. announced an agreement with Sprott Mining Inc. to terminate its remaining silver delivery obligations under the Galena silver stream. The company will issue 7.96 million common shares to Sprott at US$5.57 per share, eliminating more than US$45 million in future obligations, improving cash flow flexibility, and strengthening the balance sheet while increasing Eric Sprott’s equity ownership.
GR Silver Mining provided a corporate update on its Plomosas Project in Sinaloa, Mexico. The company confirmed its 20,000-metre drill program at San Marcial is progressing, targeting resource growth and updated estimates in 2026. GR Silver also highlighted advancement toward bulk sample test mining and pilot plant activities while maintaining a strong treasury and debt-free position.
Silverco Mining Ltd. filed its NI 43-101 Technical Report supporting the Preliminary Economic Assessment for the Cusi Project in Chihuahua, Mexico. The PEA outlines a low-capital restart of the past-producing silver-lead-zinc-gold mine, supported by existing infrastructure, updated resources, and plans for renewed underground operations.
Almaden Minerals and Almadex Minerals provided an update on their CPTPP arbitration claim against Mexico over the loss of the Ixtaca Project. The companies filed their Reply to Mexico’s Counter-Memorial and increased their damages claim to US$2.68 billion, citing the permit denial, concession suspension, and cancellation of mineral rights. Mexico’s Rejoinder is due in August 2026, with hearings scheduled for December 2026.
Heliostar Metals published its inaugural 2025 Sustainability Report, highlighting major advances in environmental stewardship, local employment, community investment, and responsible mining practices. Key highlights included over 90% water reuse, US$1.1 million in community investments, 17,468 native trees planted, and US$10.6 million paid in taxes and royalties. The report also emphasized Heliostar’s strong local impact, with 99% of employees and 97% of procurement spending based in Mexico.
Vizsla Silver strengthened its technical team by appointing Guillermo Hernandez as VP Exploration and promoting Jesus Velador to Chief Geologist. The leadership changes support the company’s transition from exploration to mine development at Panuco, while maintaining a strong focus on district-scale resource growth and future discoveries.
GR Silver Mining announced a Celebration of Life for founder, former CEO, and director Márcio Fonseca, who passed away suddenly on March 25, 2026. The event will be held May 28 in Vancouver. The company also launched a charitable giving fund in his honor to continue his legacy of generosity within the mining community.
Torex Gold appointed Dan Rollins as Chief Financial Officer, effective June 17, 2026, as part of its planned executive succession. Rollins, currently Senior Vice President of Corporate Development and Investor Relations, will replace Andrew Snowden, who is set to become President and CEO. The company stated the appointment supports leadership continuity as Torex focuses on growth, free cash flow generation, and shareholder returns.
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