Silver Spruce Resources announced the resignation of a director and an officer from the company’s board and management team. The departures are part of a broader corporate transition as the company refocuses its priorities. Silver Spruce thanked the outgoing executives for their service and said it is evaluating next steps for leadership continuity.
Goldgroup Mining will acquire Gold Resource Corporation in an all-stock merger (~US$372 M), creating a Mexico-focused precious metals producer with diversified assets in Oaxaca and Sonora, plus the U.S. Back Forty project. The deal values GRC at a 39% premium and is expected to close in Q2 2026, pending approvals.
Questcorp Mining appointed Amandip Singh to its Advisory Board. Singh brings over 15 years of experience in exploration, capital markets and strategic deals. The company also granted 4.4 M incentive stock options to directors, officers and advisors, with some vesting tied to future market-cap milestones, to support its exploration and development efforts.
Gold Resource Corporation agreed to combine with Goldgroup Mining in an all-stock business combination, creating a larger precious metals producer focused on Mexico. GRC shareholders will receive Goldgroup shares under the agreed exchange ratio. The merger is expected to enhance production scale, cash flow and growth opportunities once completed.
Orogen reported a strong 2025 exploration year with over 37,800 m of partner-funded drilling (~$30 M), new royalties, and project sales. For 2026, it expects ~40,000 m of partner-financed drilling, continued alliances with Altius, South32 & Triple Flag, and upcoming resource updates at key copper-gold and gold-silver targets, including Ermitaño.
Santacruz Silver reported 3,739,019 silver-equivalent ounces in Q4 2025, including 1,343,607 oz silver, 23,846 t zinc, 3,000 t lead, and 287 t copper, with production improvements driven by stronger output across its Bolivar, Caballo Blanco, Zimapán and San Lucas operations.
Hecla reported 2025 silver output of 17.0 M oz and gold of 150,509 oz, both at the top of guidance. For 2026, it forecasts 15.1–16.5 M oz silver and 134–146 k oz gold, plans a record $55 M in exploration/pre-development, and modestly higher total capital spend.
Heliostar Metals Ltd. has filed a National Instrument 43-101 prefeasibility study for its Cerro del Gallo Project in Guanajuato, Mexico. The technical report, authored with Kappes, Cassiday & Associates and effective December 11, 2025, is now available on SEDAR+ and the company’s website. Heliostar aims to grow as a mid-tier gold producer with other Mexican assets.
Pacifica Silver closed its upsized brokered private placement, issuing 15.87 million shares at C$1.45 for ~C$23 million in gross proceeds. Key strategic and existing shareholders participated. Funds will accelerate exploration and drilling at the company’s Claudia silver-gold project in Durango, Mexico and support general corporate purposes.
Equinox Gold completed the sale of its Brazil Operations (Aurizona, RDM and Bahia) for up to US $1.015 billion, received $900 M cash upfront and up to $115 M contingent. It used the proceeds to repay over $800 M in debt, cutting net debt to about US $150 M, strengthening its balance sheet and focus on North American growth.
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