Orla Mining reported an illegal work stoppage and blockade at its Camino Rojo mine in Zacatecas, temporarily suspending operations. The dispute involves worker demands related to productivity bonuses and PTU profit-sharing payments. Orla states it complied with legal PTU requirements and is working with union representatives and labor authorities to resolve the situation and resume operations. (57 words)
Silver Spruce Resources closed a non-brokered private placement, raising approximately C$2.0 million through the issuance of units priced at C$0.20 each. Proceeds will be used to advance the company’s exploration projects, including assets in Mexico and Canada, and for general working capital.
Sonoro Gold increased its previously announced non-brokered private placement from C$10 million to C$15 million in response to strong investor demand. The offering now consists of 60 million units at C$0.25 per unit, each including one share and one warrant exercisable at C$0.34 for three years. Proceeds will fund development of the Cerro Caliche Gold Project in Sonora and provide working capital.
Southern Silver Exploration amended its previously announced LIFE private placement, increasing the number of shares offered while maintaining gross proceeds of approximately C$4.0 million. The revised financing consists of 7.27 million shares priced at C$0.55 each. Proceeds will be used for exploration, project advancement, and general working capital.
Radius Gold appointed Dr. Luke Longridge to its Board of Directors, effective immediately. A structural and economic geologist with more than 15 years of international experience, Longridge previously held senior technical roles with Teck Resources, Canterra Minerals, CSA Global, and Bushveld Minerals. The company also granted him 1,000,000 stock options exercisable at C$0.14 per share for ten years.
Alamos Gold declared a quarterly dividend of US$0.025 per share and announced additional share repurchases under its Normal Course Issuer Bid program. Since launching buybacks in 2024, the company has repurchased over 14 million shares. Management stated the actions reflect strong cash flow generation and a commitment to returning capital to shareholders while maintaining financial flexibility.
Fortuna Mining published its 2025 Sustainability Report, reporting zero significant environmental spills, 65% water recycling and reuse, 17% renewable energy use, US$258 million in government contributions, and US$4.36 million invested in community programs. The company also reported one contractor fatality and reaffirmed its commitment to improving safety and sustainability performance.
Empress Royalty Corp. reported strong Q1 2026 results, with revenue rising to US$9.06 million and gross profit reaching US$6.75 million, compared to US$2.70 million and US$1.80 million respectively in Q1 2025. The company attributed the growth to increased production and stronger contributions from its royalty and streaming portfolio.
Sonoro Gold announced a change of auditor, with Smythe LLP resigning effective May 21, 2026, and Davidson & Company LLP being appointed as successor auditor on May 23, 2026. The company reported no modified audit opinions or reportable events related to the change, which was approved by the audit committee and board of directors.
Guanajuato Silver Company Ltd. reported record Q1 2026 financial results, with revenue rising 89% quarter-over-quarter to US$43.1 million and net income reaching US$5.7 million. EBITDA totaled US$13.1 million, supported by higher silver and gold prices and the acquisition of the Bolanitos Mine. Cash and short-term investments ended the quarter at US$30.5 million.
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