Ernesto Balarezo, Sierra Metals CEO, comments, “We are very pleased with the results of our exploration strategy at Bolivar to date and these results only offer what we believe is a glimpse of the mine’s full potential. This drill program in the Marian Zone indicates higher metals grades that have the potential to add to the overall mineral resources at Bolivar.”
“We are confident in our 2025 production and cost guidance as it reflects both our focus on maximizing gold output and maintaining prudent cost controls,” said Rohan Hazelton, CEO of DynaResource.
Avino Silver & Gold Mines Ltd. a long-standing silver producer in Mexico , achieved fourth quarter production totaled 735,557 silver equivalent ounces, and full year 2024 production results of 2.65 million silver equivalent ounces.
Fortuna Mining Corp.reports production results for the fourth quarter and full year 2024 from its five operating mines in Latin America and West Africa. For the full year 2024, Fortuna produced a record 369,637 ounces of gold and 3,724,945 ounces of silver for a record 455,958 gold equivalent ounces1, including lead and zinc by-products.
John MacKenzie, CEO of Capstone, commented, “The fourth quarter was an overall record for Capstone’s consolidated copper production, with our output up 14% and unit costs down approximately 9% quarter-over-quarter. Although total 2024 consolidated copper production of 184,458 tonnes finished slightly below our guidance range, largely attributable to ramp-up delays at Mantos Blancos and Mantoverde, we exited the year close to design production levels.”
Michael Konnert, President and CEO of Vizsla Silver, commented, “Our top priority is to ensure the safety and well-being of our employees and contractors as they return to work.”
Defiance Silver Corp. announces that it has closed a first tranche of a non-brokered private placement of units of the Company at a price of C$0.20 per Unit. In aggregate, the Company issued 3,661,000 Units for aggregate gross proceeds of $732,200.
Mexico’s mining sector is set to lead in 2025 global trade, leveraging $88,462 million in 2023 mineral trade. As the top silver producer with vast lithium reserves, Mexico attracts investment despite economic volatility. Digitalization and green technologies drive opportunities, with diversification ensuring stability, says Zulma Herrera, CEO of Mynotauro Co.
The Company now plans to enforce its rights under the Loan Facility, in respect of the outstanding amounts under the Loan Facility, to acquire all shares of Minera Apolo, S.A. de C.V. as full or partial settlement of the Loan Facility.
President and CEO Frederick Davidson commented, “We are encouraged with the great results from the Juarez Mine area which represents a second mineralized horizon open in all directions for mining and exploration. This is located close to the Tres Amigos Zone where we are currently mining and our mining team has already begun underground development work from the historic Juarez Mine adit at surface to begin mining there. On the production side, we continue to ramp up operations with the aim to reach mill design capacity in H1/2025.”
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