Avino Silver & Gold Mines Ltd. (TSX:ASM, NYSE:ASM) reports record Q3 2025 net income of $7.7M ($0.05 EPS diluted), up 559%; cash $57.3M; working capital $50.8M. YTD net income $16.2M ($0.10 EPS).

Mammoth Resources Corp. (TSX-V: MTH) appointed three new directors: Jose Antonio Berlanga Balderas (Audit Committee), José Antonio Berlanga Lopez (Audit), and Edgardo Espinosa Velasco (Compensation/Governance). Paul Rozek named new CFO. Issued 4,775,500 stock options at $0.05. Advancing Tenoriba gold-silver project and seeking Mexican production opportunities.

McEwen Mining’s Q3 2025: Produced 29,662 GEOs, $50.5M revenue, $0.5M net loss, $11.8M adjusted EBITDA. Plans to double output to 250-300k GEOs by 2030 via Fox Complex, Gold Bar, El Gallo. Revised 2025 guidance lower due to operational issues; advancing acquisitions and Los Azules copper.

Oroco Resource Corp. closed an initial tranche of its non-brokered private placement, raising US$1.53M via 7.65M units at $0.20 each (one share + half warrant at $0.30 for 24 months). New director Faysal Rodriguez subscribed for 5M units. Proceeds advance Santo Tomas Project toward Pre-Feasibility Study.

Heliostar Metals’ PEA for Ana Paula underground mine projects 875koz gold over 9 years at 101koz/yr avg, with AISC $1,011/oz and $300M capex. Base case ($2,400/oz gold): $426M post-tax NPV5, 28.1% IRR, 2.9yr payback. Upside ($3,800/oz): $1,012M NPV5, 51.3% IRR, 1.9yr payback. Targets 2028 production.

Fortuna Mining (NYSE: FSM) Q3 2025: Attributable net income $124M ($0.40/sh), adjusted $51M ($0.17/sh). GEO production 72k oz; cash cost $942/GEO, AISC $1,987/GEO. Free cash flow $73M; net cash $266M, liquidity $588M. On track for annual guidance; Diamba Sud PEA shows strong economics.

First Majestic Silver Corp. sold 17.5M shares of Sierra Madre Gold and Silver Ltd. at CAD$1.33 each for CAD$23.275M proceeds. Ownership reduced from 37.13% (69.06M shares) to 27.72% (51.56M shares). Held for investment; no current intent to adjust holdings further.

Equinox Gold’s Q3 2025 results show record production of 236,382 oz gold at AISC $1,833/oz, with strong ramp-ups at Greenstone (mining >185k tpd, grades 1.05 g/t) and Valentine (91% capacity in Oct). Reduced debt by $139M, added $88M from Nevada sale. On track for 2025 guidance midpoint, poised for growth into 2026.

Torex Gold (TSX: TXG) announces initial capital return: quarterly dividend C$0.15/share (payable Dec 4 to holders on Nov 20) and share repurchases via NCIB. Repurchased C$10M shares in Q3 2025. Program to evolve in 2026; implies 1.10% annualized yield at current price.