Category: Investor’s Corner

Akiba Leisman, Chief Executive Officer, states that “2024 represented a major inflection point for Mako, demonstrating the inherent profitability of our asset base. Not only did we generate $42.2 million in Adjusted EBITDA and $0.27 in EPS for the year, but we achieved that at gold prices nearly $800 per ounce lower than current market prices.”

Fortuna Mining Corp. reported Q1 2025 gold production of 91,893 ounces and gold equivalent production of 103,459 ounces across its four active mines. The Lindero leach pad expansion was completed on time and within budget. The company repurchased 916,900 shares for $4.16 million and reaffirmed its 2025 guidance of 380,000–422,000 gold equivalent ounces.

“A number of significant milestones were achieved during Q1 2025, and we are incredibly proud of these accomplishments. We successfully tied-in the flotation circuits to the processing plant as part of the Media Luna Project and restarted the mill on schedule, commissioned the Guajes Tunnel conveyor, and achieved first production of precious metal rich copper concentrate.”

Bear Creek Mining Corporation is pleased to announce that, further to the Company’s news releases dated March 4, 2025, March 11, 2025 and March 20, 2025, it has closed the Amending Agreements with each of Equinox Gold Corp. and Sandstorm Gold Ltd. to temporarily defer monthly interest payments from and including February 2025 to November 2025, payable pursuant to the Equinox Note, the 2024 Sandstorm Note and the Sandstorm Convertible Debenture until December 31, 2025.

Auxico Resources Canada Inc. has signed an option agreement with Concordia Silver Company S.A. de C.V. for the proposed sale of 100% of the shares of Auxico Resources S.A. de C.V., its wholly owned Mexican subsidiary.

Southern Empire Resources Corp. granted 1,680,000 stock options to directors, officers, employees, and consultants, exercisable at $0.05 per share for five years from the grant date.

Rodrigo Barbosa, Aura’s President and CEO commented, “We started 2025 positively with the investment in Borborema construction was concluded on time and on budget. Now, the ramp-up should finish by Q3 2025, and then Borborema will become a key asset for Aura, with one of the company’s largest resource bases and lowest cash costs in our portfolio.”

“We are very pleased to welcome Enrique back to the Xali Gold team and in the role of Exploration Manager to lead our exploration in Mexico, Peru and other parts of South America,” says Joanne Freeze, Xali Gold President and CEO.

“Our Q1 production results highlight the strength of our operations and our focus on consistent, efficient performance,” said Dan Dickson, Chief Executive Officer. “This steady momentum lays a solid foundation for the quarters ahead, as we sharpen our operational focus and prepare to bring Terronera into production.”