Fortuna Mining produced 72,217 gold-equivalent ounces in Q2 2026, keeping the company on track to meet its 2026 guidance of 281,000–305,000 GEO. The company advanced growth initiatives at Séguéla and Diamba Sud, completed US$80.2 million in share buybacks during the quarter, and continued evaluating key expansion and development projects.
Sierra Madre Gold & Silver has fully repaid its US$5 million loan from First Majestic, leaving the company debt-free. Strong cash flow from the La Guitarra mine funded the repayment, strengthening its balance sheet and allowing greater focus on exploration and development at both La Guitarra and the recently acquired Del Toro silver mine.
First Majestic produced 3.8 million ounces of silver and 34,660 ounces of gold in Q2 2026, increasing total output and prompting the company to raise its 2026 production guidance while lowering expected cash costs. The updated outlook reflects strong performance across its Mexican operations, including the recently acquired Los Gatos mine.
Goldgroup Mining’s 1-for-4 share consolidation became effective July 10, 2026. Every four existing shares were exchanged for one new share, with fractional interests rounded or cancelled. Shares continued trading under GGA on the TSXV, GGAZF on the OTCQX and 55G0 in Frankfurt, with new CUSIP and ISIN identifiers.
Empress Royalty has engaged Geomorphic AI to strengthen its royalty and streaming deal origination process. By applying AI-driven geological analysis and mineral prospectivity modeling, the partnership aims to identify high-potential acquisition opportunities more efficiently, supporting Empress’s strategy to expand its portfolio of royalties and streams.
Endeavour Silver produced 1.94 million ounces of silver and 10,474 ounces of gold in Q2 2026, totaling 3.4 million silver-equivalent ounces, a 36% increase over Q2 2025. Growth was driven by the Terronera mine and expanded production at Kolpa, keeping the company on track for a stronger second half of the year.
Defiance Silver has secured 100% ownership of the San Acacio mining concessions at its Zacatecas Silver Project after completing the final US$2.3 million option payment. The company is advancing a 10,000-metre drill program to support an updated mineral resource estimate while consolidating full ownership of its flagship Mexican projects.
Torex Gold’s Preliminary Economic Assessment for the Los Reyes project outlines a robust, internally funded development opportunity with an after-tax NPV of US$1.49 billion and 37% IRR. The study envisions average annual production of 161,000 gold equivalent ounces over the first 11 years, positioning Los Reyes as the company’s next major growth project in Mexico.
Torex Gold produced 96,297 gold equivalent ounces in Q2 2026, keeping the company on track to meet its annual production guidance of 420,000–470,000 AuEq ounces. Higher grades and recoveries are expected in the second half of the year, with financial results to be released on August 6.
Guanajuato Silver announced the resignation of Richard Silas as Vice President of Corporate Development and Corporate Secretary to attend to a personal matter. He will remain on the Board of Directors, while Susana Del Rio, formerly head of legal and compliance, assumes his executive responsibilities to ensure management continuity.
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