Orla Mining Ltd. announced Scott Langley’s immediate resignation from its Board. As Newmont’s nominee, his departure follows termination of their investor rights agreement after Newmont sold its shares. No further Board changes planned; thanks given to Langley for his three-year contributions.
Canasil Resources Inc. announces TSX-V reinstatement of trading after Sept. 5, 2025, CTO revocation. Business objectives unchanged: advancing mineral properties in BC, Canada, and Durango/Zacatecas, Mexico. No share structure changes. Optimistic about positive market environment.
Newmont sold 43 million Orla Mining shares for $439 million at $10.14 per share via TSX, exiting its 13.3% stake. The sale aligns with Newmont’s strategy to streamline its portfolio and boost liquidity. Additionally, Newmont agreed to sell its Coffee Project in Yukon to Fuerte Metals for up to $150 million, enhancing capital allocation.
Prime Mining announces Glass Lewis recommends Prime Securityholders vote FOR the arrangement with Torex Gold, citing premium, strategic rationale, and growth upside. CEO Scott Hicks welcomes the endorsement. Voting deadline: Sept 25, 2025; special meeting: Sept 29. Board unanimously recommends FOR.
Goldgroup Mining acquired 52.7% of creditors’ rights in Molimentales for ~US$3.74M, gaining majority control to file a Plan of Arrangement for ownership of Mexico’s San Francisco Mine, free of liens. This advances restructuring, mine restart potential, subject to court, liquidator, and regulatory approvals.
Vizsla Silver appoints Eduardo Luna, a Mexican Mining Hall of Fame inductee with 40+ years experience (Goldcorp, Wheaton, Primero), as Lead Director. Luna joined the board in 2023 and offers expertise from San Dimas mine. Company grants 1.55M PRSUs vesting post-Panuco Feasibility Study.
Xali Gold completes TSX.V reinstatement review. Remedioambiente agreement for El Oro gold/silver recovery includes NSR royalties, fee payments, and managing unlawful concession cancellations. Drops Sarape Project option. Plans to reduce $3.15M deficit via third-party payments, shares for debt, and 2025-2026 financings. Focus shifts to South American acquisitions.
Almaden Minerals Ltd. updates CPTPP arbitration against Mexico over Ixtaca project expropriation. Panel sets timeline: Mexico’s counter-memorial by Nov. 24, 2025; hearings Dec. 14-18, 2026. Claimants seek US$1.06B for breaches including unlawful expropriation, unfair treatment, and discrimination, stemming from SCJN-mandated title suspension and cancellation without Indigenous consultation.
Capitan Silver Corp. announces key appointments: Graham Scott as Director; Marc Idziszek promoted to VP Exploration; Israel Tolano Chacón in Technical Services; Xochitl L. Valenzuela Verdugo in Project Evaluation; Greg DiTomaso in Investor Relations. CEO Alberto Orozco highlights their expertise for advancing the Cruz de Plata silver project.
Kenadyr Metals Corp., to be renamed Algo Grande Copper Corp., closed the first tranche of a $2.26 million private placement, issuing 6,034,036 subscription receipts at $0.375 each. Funds will support the Adelita Project acquisition and exploration in the Sonora-Arizona Copper Belt, pending TSXV approval. Proceeds are in escrow until the transaction completes, with $102,865.09 in finder’s fees and 274,307 warrants issued.
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