The mining division posted revenue of $12.4bn, a 14.1% increase over the previous year and a 17.4% increase from the fourth quarter of 2024 (Q4 2023), attributed to increased sales volumes in copper, zinc and most by-products and higher prices, except for molybdenum.
Furthermore, I am pleased with our progress to restore social license and gain access to our recently optioned Cinco de Mayo Project. As reported in this release, a new executive that is more favourable to resource development was recently certified for a three year term, opening up the opportunity for meaningful discussion for the first time in a dozen years.”
Oroco Resource Corp. is pleased to announce that the non-brokered private placement financing announced by the Company on February 5, 2025, is now oversubscribed due to strong investor demand.
Zacatecas Silver CEO and Director, Eric Vanderleeuw, stated: “As we focus on advancing our silver assets, our technical team has designed a program aimed at expanding the current resource while following up on multiple high-grade intercepts drilled outside the known resource area.”
Net profit in the quarter fell 6.5% to $686.5 million, from revenues which were up 13% to $3.85 billion. Analysts polled by LSEG had forecast a net profit of $945 million from revenues of $4.04 billion.
SilverCrest Metals Inc. is pleased to announce that the Supreme Court of British Columbia has granted the final order in connection with the Company’s plan of arrangement with Coeur Mining, Inc. whereby Coeur will, among other things, indirectly acquire all of the issued and outstanding SilverCrest shares.
“That tariff is not justified,” said Ebrard. “It’s unfair according to President Trump’s own arguments. Because we, I repeat, have more (steel) imports than exports.”
In aggregate, the Company issued 7,803,000 Units for aggregate gross proceeds of C$1,560,600.
CAPITAN SILVER CORP. would like to announce a revision to the warrant Acceleration Right in respect of its previously announced private placement financing of up to 13,250,000 units at a price of C$0.40 per Unit for aggregate gross proceeds of up to C$5,300,000.
The mine and processing plant continue to run at the current capacity of 500 wet metric tonnes per day; full commercial production at the Complex was achieved January 1, 2025. Weekly gold and silver concentrate deliveries continue.
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