Category: Investor’s Corner

Aura Minerals reported record preliminary Q1 2026 production of 82,137 gold equivalent ounces, a 37% increase year-over-year, with 81,364 GEO sold. Results were driven by Borborema ramp-up and steady output at Almas and Minosa, offsetting lower grades at some mines. The company remains on track to meet full-year guidance and expects stronger production in H2.

Torex Gold Resources Inc. reported Q1 2026 production of 100,874 gold equivalent ounces, with 109,222 oz sold, driven by strong performance at ELG Underground and the successful ramp-up of Media Luna to design throughput ahead of schedule. The company remains on track to meet full-year guidance of 420,000–470,000 oz AuEq and expects stronger output in H2.

Pacifica Silver adopted a semi-annual reporting framework under BCSC Blanket Order 51-933, effective immediately. The company will no longer file quarterly financials (e.g., June 30 interim results) and will instead report twice yearly, aiming to reduce compliance costs and administrative burden while maintaining regulatory requirements for eligible venture issuers.

Fortuna reported Q1 2026 production of 72,872 gold equivalent ounces, up from both Q1 2025 and Q4 2025. Growth was driven by Séguéla, Lindero, and Caylloma operations. The company advanced expansion and feasibility studies, repurchased shares, reported zero lost-time injuries, and maintained full-year guidance of 281,000–305,000 GEO.

Orogen Royalties reported an updated mineral reserve and resource estimate for its 2% NSR royalty at the producing Ermitaño deposit (Santa Elena mine, Sonora). Results show increased measured and indicated resources, including ~380 koz gold and 8.9 Moz silver, highlighting ongoing growth potential across the deposit and continued upside from exploration along open vein systems.

First Majestic reported Q1 2026 production of ~3.5M oz silver and 34,341 oz gold, slightly lower year-over-year due to reduced grades from lower cut-off strategies amid strong prices. Output represents ~26–28% of annual guidance, keeping the company on track for 2026 targets despite modest declines in metal production.

Equinox Gold reported strong Q1 2026 results, producing 197,628 oz of gold, driven by ramp-ups at Greenstone and Valentine and steady output from Nicaragua and Mesquite. The company reduced debt by $990M following asset sales and cash flow, and paid its inaugural dividend. Ongoing optimization, exploration, and expansion projects support future growth.

Mexican Gold Mining and Alcon Silver agreed to merge via a share exchange, with Alcon shareholders owning ~61% of the combined company. The deal unites the Las Minas gold project and Princesa silver deposit, creating a diversified explorer. The company plans a name change to Platauro Metals, alongside financing, pending shareholder and regulatory approvals.

Vortex Metals closed the first tranche of a non-brokered private placement, raising $474,900 through the issuance of 9.5 million units at $0.05 each. The company also announced a warrant extension, providing additional time for investors to exercise, as it advances exploration and corporate activities.

A miner, Francisco Zapata Nájera, was rescued alive after nearly 14 days trapped in a flooded gold mine in Sinaloa caused by a tailings dam collapse on March 25. Of 25 miners, 21 escaped, two were rescued alive, one died, and one remains missing. The survivor was airlifted to Mazatlán for treatment.