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. reported record 2024 production: 369,637 oz gold, 3.7M oz silver, and 455,958 Au Eq oz, in line with guidance low end. Highlights include strong performance at Séguéla and Yaramoko. 2025 guidance: 334-373 koz gold, 0.9-1.0 Moz silver, 380-422 koz Au Eq; AISC $1,550-1,680/oz Au Eq, reflecting San Jose sale impact.
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.”
Vizsla Silver Corp. announced on January 20, 2025, resumption of limited operations at its Panuco silver-gold project in Mexico to advance test mine and feasibility study, following an accident investigation and safety measures. Exploration activities expected to restart within the next week; employee safety prioritized.
Defiance Silver Corp. (Jan 20, 2025) closed the first tranche of a private placement, raising C$732,200 via 3,661,000 units at C$0.20 each (each: 1 share + ½ warrant at C$0.35/24 months). Proceeds for exploration and working capital. Paid finders’ fees: C$24,132 cash + 120,660 warrants. Clarified prior placement commissions as C$149,690.60.
Colibri Resource Corp (TSXV: CBI) announced a non-brokered private placement of up to 10M units at $0.025 each for $250K proceeds. Each unit: one share + one warrant ($0.05 exercise, 24 months). Funds for exploration at Pilar and EP Gold Projects in Mexico and working capital. Also received TSXV final acceptance on prior placement (corrected to 6.11M units, $305.5K) and disclosure fix.
Riverside Resources outlined its 2025 corporate outlook: it has a strong balance sheet (≈ C$4M cash, no debt), aims to advance exploration in Canada and Mexico, spin out Ontario gold assets into a new company, push follow-up work at Cecilia with partner Fortuna Mining, expand BC gold/REE targets, pursue JV/sale deals, and grow its royalty and broader asset base.
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.
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