Torex Gold produced 96,297 gold equivalent ounces in Q2 2026, keeping the company on track to meet its annual production guidance of 420,000–470,000 AuEq ounces. Higher grades and recoveries are expected in the second half of the year, with financial results to be released on August 6.
Guanajuato Silver announced the resignation of Richard Silas as Vice President of Corporate Development and Corporate Secretary to attend to a personal matter. He will remain on the Board of Directors, while Susana Del Rio, formerly head of legal and compliance, assumes his executive responsibilities to ensure management continuity.
First Majestic has agreed to sell its non-operating San Martin Silver Mine and associated Jalisco mining concessions to Flextronics Supply and Service for US$90 million. The transaction monetizes an asset on care and maintenance since 2019 through staged cash payments, allowing the company to focus on its core producing operations while strengthening its balance sheet.
Luca Mining reported a new high-grade breccia discovery at its Tahuehueto Mine in Durango, with drilling returning 4.7 metres grading 6.7 g/t gold equivalent. The intercept expands mineralization below existing workings, highlighting strong potential for near-mine resource growth and supporting future mine plan expansion.
Pacifica Silver appointed Stephen Redak as Vice President of Exploration, strengthening its technical team as it advances the Claudia silver-gold project in Durango. Redak brings more than 20 years of epithermal exploration experience in Mexico and the U.S., including senior roles at Hecla Mining. Interim VP Dr. Steve Weiss will remain as Technical Advisor to ensure continuity.
Silverco Mining reported strong underground drill results from the Promontorio zone at its Cusi Project in Chihuahua, highlighted by 1,100 g/t silver over 10.3 metres, including 6,452 g/t AgEq over 0.7 metres. The results confirm wide, high-grade mineralization and suggest significant vertical exploration potential, supporting the planned restart of mining operations.
GR Silver Mining appointed Eric Zaunscherb as President and CEO, effective immediately, following his interim leadership after the passing of founder Márcio Fonseca in March. The company said it remains focused on its 20,000-metre resource expansion drill program at the Plomosas project, with an updated Mineral Resource Estimate and Preliminary Economic Assessment planned following completion of drilling.
Goldgroup Mining announced it has received final court approval for its previously approved plan of arrangement with Gold Resource Corporation. With shareholder, court, and key regulatory approvals now in place, the merger remains on track to close on or about July 17, 2026, creating a larger Mexico-focused precious metals producer.
Pacifica Silver completed its first 31.6-kilometre IP-resistivity survey at the Claudia silver-gold project in Durango, identifying a large, near-surface chargeability anomaly known as the “Judy” target. Encouraged by the results, the company has redeployed a drill rig to test the new target with an initial five-hole program while advancing its ongoing Phase II drilling campaign.
Capitan Silver reported additional high-grade drill results from its 60,000-metre program at the Cruz de Plata project in Durango, with all eight holes intersecting silver mineralization. Highlights include 1,077.1 g/t AgEq over 1.1 m within 6.7 m grading 342.2 g/t AgEq, extending the Jesús María trend at depth. Assays from 61 additional holes are pending.
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