Vizsla Royalties has mailed shareholder meeting materials for the proposed acquisition by Elemental Royalties. The transaction values Vizsla at approximately C$327 million, a 31% premium to its unaffected share price. Shareholders will vote on July 10, and the board unanimously recommends approval of the cash-and-share offer.
Radius Gold announced a leadership transition as it advances exploration projects in Peru, Mexico, and Guatemala. Dr. Luke Longridge has been appointed President, while Simon Ridgway assumes the role of CEO and Chairman. Former CEO Bruce Smith will remain as Director and Technical Advisor, ensuring continuity as the company focuses on advancing its Tierra Roja copper project and other exploration assets.
Vizsla Silver awarded an equipment supply contract to FLSmidth for the processing plant at its Panuco silver-gold project in Sinaloa. The plant is designed for 3,300 tpd with expansion to 4,000 tpd, representing another major development milestone as the company advances detailed engineering, procurement, and construction planning toward production.
Newmont announced a major executive leadership refresh effective July 1, 2026, under CEO Natascha Viljoen. Key appointments include Brian Tabolt as Chief Financial Officer, Mark Rodgers as Chief Operating Officer, and David Thornton as Chief Technical Officer. David Fry was also promoted, reflecting Newmont’s focus on operational execution, cost discipline, and advancing high-return growth projects.
SSR Mining announced a new US$500 million share repurchase program and reinstated its quarterly dividend, reflecting confidence in the company’s financial strength, cash flow generation, and future outlook. The initiative underscores SSR’s commitment to returning capital to shareholders while continuing to fund operations, exploration, and growth opportunities.
Minera Alamos announced it has received conditional approval to graduate from the TSX Venture Exchange to the Toronto Stock Exchange (TSX). Final approval remains subject to satisfying TSX listing requirements. The company will retain its MAI trading symbol, shareholders need take no action, and the move is expected to enhance visibility, liquidity, and access to a broader institutional investor base.
Colibri Resource updated two strategic transactions: it will increase its interest in the Diamante Gold-Silver Project in Sonora to 60% by acquiring its partner’s stake in Yaque Minerals, and will sell its 50% interest in the Jackie Project for 166,667 Silver Spruce shares plus a 1% NSR royalty. Both deals remain subject to TSXV approval.
Fresnillo reported making US$415.4 million in payments to governments during 2025, including US$414.2 million in Mexico and US$1.2 million in Peru, primarily through taxes, mining duties, and concession fees. The largest project-level payments were associated with Juanicipio, Herradura/Nochebuena, Saucito, Fresnillo, and San Julián operations, reflecting the company’s significant economic contribution to the jurisdictions where it operates.
Kootenay Silver’s Preliminary Economic Assessment for the La Cigarra Silver Project in Chihuahua outlines a robust open-pit operation with an after-tax NPV (5%) of US$763 million, 41% IRR, and a 1.7-year payback period at a silver price of US$35/oz. The study estimates average annual production of 7.6 million silver-equivalent ounces over a 15-year mine life, highlighting La Cigarra’s potential to become a significant primary silver producer in Mexico.
Southern Silver closed the first tranche of its previously announced LIFE private placement, issuing 4.0 million common shares at C$0.55 per share for gross proceeds of approximately C$2.2 million. The financing is part of a larger offering of up to C$4.0 million, with proceeds intended to support exploration and development activities, including advancement of the company’s Cerro Las Minitas Project in Durango, Mexico.
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