Golden Minerals Company announced today that has sold its wholly-owned Mexican subsidiary, Minera de Cordilleras, S. de R.L. de C.V. to a privately held Mexican company for consideration of US $600,000. The sale agreement was signed on April 1, 2025.
Endeavour Silver has upsized its bought-deal financing to raise approximately US$45 million to help fund its US$145 million acquisition of Minera Kolpa and the Huachocolpa Uno Mine in Peru. The financing will be led by BMO Capital Markets. The company has filed a technical report including historical estimates, which require further work to be classified as current resources.
Canuc Resources Corporation. announces closing of the first tranche of its previously announced private placement financing with gross proceeds of $2,270,000 and the issuance of 22,700,000 Units.
Equinox Gold Corp. has indefinitely suspended operations at its Los Filos Mine in Guerrero, Mexico, following the expiry of its land access agreement with the community of Carrizalillo on March 31, 2025.
Rodrigo Barbosa, President and CEO of Aura commented, “We are excited to announce our latest Mineral Resources and Reserves (MRMR) update across our operations, marking an impressive increase across all categories, adding 2.4moz in M&I Resources and 856koz in P&P Reserves. This achievement is a result of our clear strategy to increase production while we increase our Resources and Reserves.”
“Achieving commercial production at Tahuehueto is an important milestone for Luca and a testament to the hard work and dedication of their team”, stated Alexandra Woodyer Sherron, CEO and President of Empress Royalty.
“2024 marks another record milestone for First Majestic. Due to our strategic M&A activities and widely successful exploration program, we have increased our Mineral Resources to the highest level in the Company’s history” stated Keith Neumeyer, President & CEO of First Majestic.
Silver Dollar Resources Inc. has, subject to regulatory approval, granted stock options to directors, officers and consultants to purchase up to 2,050,000 shares of the Company at a price of $0.30 per share until March 28, 2030.
For the second tranche, the Company issued an additional 2,583,330 units at CAD $0.30 per Unit for gross proceeds of approximately CAD $774,999. In aggregate, the Company has issued 25,916,664 Units for gross proceeds of approximately CAD $7,774,999 inclusive of the first tranche closing and second tranche closing.
Americas Gold and Silver Corporation reported increased silver production and revenue for 2024, driven by higher metal prices. The company acquired full ownership of the Galena Complex and appointed Paul Andre Huet as CEO. Despite a net loss of $48.9 million, they expect silver production growth in 2025, supported by the EC120 Project and operational improvements at Galena.
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