Santacruz Silver Mining reported Q3 2025 production: 3.42M silver equivalent ounces (down 3% QoQ), 1.24M silver ounces, 21.6K tonnes zinc, 2.6K tonnes lead, 331 tonnes copper. Steady output despite Bolívar water inflow; dewatering advances aim for high-grade resumption in February 2026.
Silver Spruce Resources completed 1-for-15 share consolidation, reducing outstanding shares from 324M to 21.6M. No fractional shares; trading resumes Nov 4, 2025, on TSXV under SSE with new CUSIP 828229302 and ISIN CA8282293023. Registered shareholders to receive transmittal letters.
Silverco Mining Ltd. (formerly Quetzal Copper Corp.) completed name change, delayed by BC Registries closure from labor dispute. Shares (32.6M outstanding) trade as SICO on TSXV; new name starts Nov 4, 2025. No capitalization change or shareholder action needed. New CUSIP: 827924101, ISIN: CA8279241019.
Oroco Resource Corp. confirms its non-brokered private placement: up to 18M units at US$0.20 each, raising up to US$3.6M (min. US$2M) for Santo Tomas Project. Each unit: one share + half warrant (exercisable at US$0.30 for 24 months). Involves strategic investors including new director Faysal Rodriguez. Closing by Nov. 13, 2025.
Guanajuato Silver Company Ltd. (TSXV:GSVR) announced underwriters exercised the over-allotment option, buying 6,525,000 additional warrants for C$522,000 gross proceeds. Each warrant entitles purchase of one share at C$0.65 until October 9, 2028. Underwriters earned C$31,320 commission.
Heliostar Metals Ltd. (TSXV:HSTR) schedules AGM for Nov 26, 2025. Chairman Jacques Vaillancourt and director Ken Booth to retire; James Perry proposed as successor. Company praises growth to gold production in Mexico. Details voting instructions for registered and beneficial shareholders amid Canada Post delays.
Fresnillo to acquire Probe Gold for CAD$780M (US$560M) at CAD$3.65/share, 24% premium. Gains 10M oz Au in Quebec, including Novador (potential 200k+ oz/year). All-cash deal, financed by reserves; shareholder vote Jan 2026, close Q1. Strategic entry into Canada.
Mithril Silver and Gold’s September 2025 quarter: Advanced drilling at Copalquin District, Mexico, yielding high-grade gold-silver intercepts at Targets 1, 5, and new Target 6. Raised C$11.5M via placement; cash A$18.3M. Expanding resource; assays pending.
Mexico’s Supreme Court unanimously upheld a tax ruling against Primero Empresa Minera (First Majestic), confirming payment of MXN 2.87 billion (~USD 155 million) for 2012 ISR/IETU, plus updates and fines. The Court, led by Justice Lenia Batres, revoked a prior admission, found no exceptional constitutional issue, denied postponement, and earlier fined the firm 70 UMA for an unfounded recusal.
Capstone Copper’s Q3 2025 highlights: record adjusted EBITDA of $249.2M, up from $120.8M; copper production 55,280 tonnes at $2.42/lb C1 costs; net income $248.1M including impairment reversal. Sanctioned MV Optimized expansion; JV with Orion for Santo Domingo. Reiterates 2025 guidance.
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