Orla Mining Ltd. reported a record Q1 2025 with 47,759 ounces of gold produced and 46,356 ounces sold. The all-in sustaining cost was $845 per ounce at Camino Rojo. The Musselwhite acquisition was completed, boosting 2025 production guidance to 280,000-300,000 ounces. A net loss of $69.8 million was driven by fair value adjustments, with adjusted earnings at $38.6 million.

Pan American Silver (May 12, 2025) agreed to acquire MAG Silver for ~$2.1B via plan of arrangement: $500M cash + ~60M shares (0.755 PAAS per MAG share, prorated). Adds 44% stake in high-grade Juanicipio mine (Mexico), boosting silver reserves/resources and cash flow. Deal completed Sep 4, 2025; MAG delisted.

Americas Gold and Silver Corporation reported Q1-2025 results, with revenue up 12% to $23.5 million due to higher silver prices. Silver production was 446,000 ounces, with expected increases in 2025 from Galena and Cosalá operations. Net loss was $18.9 million, driven by higher costs and metal price impacts. The company was included in the Solactive Global Silver Miners Index.

Silver Viper Minerals Corp. (TSXV: VIPR) has agreed to acquire the Cimarron Gold-Copper Project in Sinaloa, Mexico, from CSAC Holdings Inc. for 9,000,000 common shares. Located on a prolific porphyry belt, the project benefits from historical drilling and offers growth potential through infill and step-out work. Closing is subject to TSX Venture Exchange approval and due diligence.

GR Silver Mining Ltd. announced a non-brokered private placement to issue up to 12 million units at $0.13 each to raise up to $1.56 million. Each unit includes one common share and one-half warrant (full warrant exercisable at $0.19 for 24 months). Proceeds will fund exploration and resource expansion at the San Marcial area of the Plomosas Project and working capital.

McEwen Mining reported Q1 2025 results showing improved earnings and a smaller net loss compared with 2024, supported by higher gold prices. The company plans to boost Fox Complex production, funded by a $110 M convertible debt offering, and remains on track for its 2025 guidance. Total Q1 production was lower than last year but operational goals continue.

Aloro Mining Corp. will sell its Los Venados Property in Sonora, Mexico, to Alamos Gold Inc.’s subsidiary, Minas de Oro Nacional, for $420,000. The transaction, expected to close by December 31, 2025, is subject to regulatory and shareholder approvals. Post-sale, Aloro may not meet TSX Venture Exchange listing requirements and could transfer to the NEX board.

Goldgroup Mining Inc. closed a $15M non-brokered private placement on May 8, 2025, issuing 27.27M units at $0.55 each (one share + ½ warrant at $0.75 until Nov 2026). Eric Sprott invested ~$3M, increasing his holdings. Proceeds for exploration, equipment, debt reduction, acquisitions.

Silver Storm Mining Ltd. (TSX.V: SVRS) is advancing financing for the restart of its La Parrilla Silver Mine in Durango, Mexico. The company has received non-binding proposals from trading houses and debt providers for US$15-17 million in financing facilities, linked to multi-year lead and zinc concentrate offtake agreements. Proposals feature 36-48 month terms with SOFR-based interest rates, subject to due diligence and other conditions.