Capstone Copper Announces Sanctioning of Mantoverde Optimized Project

Capstone Copper Corp. has sanctioned the Mantoverde Optimized (MV-O) project, a $176 million brownfield expansion to increase the sulphide concentrator throughput from 32,000 to 45,000 tpd. This will boost copper production by 20,000 tonnes and gold by 6,000 ounces annually, extending the mine life to 25 years. Construction starts now, with completion expected by Q4 2026.

Sandstorm Gold Royalties Reports Record Operating Results in Second Quarter 2025

Sandstorm Gold Ltd. reported record Q2 2025 revenue of $51.4 million, up from $41.4 million in 2024, driven by strong commodity prices. Production was 15,098 gold equivalent ounces, with cash operating margins at $2,981 per ounce. Net income rose to $16.9 million. Royal Gold will acquire Sandstorm for $3.5 billion, creating a diversified precious metals streaming company. The deal is set to close in Q4 2025.

Minera Alamos Announces Acquisition of Producing Gold Complex from Equinox and Appoints Jason Kosec as Part of Leadership Group to Direct Strategic Growth Initiatives

Minera Alamos Inc. acquires Calibre USA Holdings Ltd. from Equinox Gold Corp. for $115M, gaining full interest in Nevada’s Pan Gold Mine, Gold Rock, and Illipah projects. The deal includes $90M cash and $25M in shares. A $110M private placement financing supports the transaction. Jason Kosec joins as chairman to drive growth. The acquisition boosts Minera Alamos’ production and cash flow.

Regency Silver Announces $1.5 Million Brokered Private Placement Led by Centurion One Capital

Regency Silver Corp. announces a $1.5M private placement, selling 30M units at $0.05 each to fund drilling at the Dios Padre Project in Sonora, Mexico, and general working capital. Each unit includes one share and half a warrant, exercisable at $0.10 for 24 months. The company will also consolidate shares 2:1, adjusting prices post-consolidation. Closing is expected around August 22, 2025, pending TSX Venture Exchange approval.

Equinox Gold Announces Agreement to Divest Non-Core Nevada Assets for US$115 Million

Equinox Gold Corp. is selling its Nevada Assets (Pan Mine, Gold Rock, and Illipah Projects) to Minera Alamos Inc. for $115M, comprising $90M in cash and $25M in Minera Alamos shares (up to 9.99% ownership). The sale, expected to close in Q4 2025, enhances Equinox’s focus on core operations and strengthens its balance sheet while retaining exposure to Minera Alamos’ portfolio.

Pacifica Silver Announces $10 Million Private Placement to Fund Exploration at the Claudia Project; Participants include Vizsla Silver and First Majestic Silver

Pacifica Silver Corp. announced a C$10 million non-brokered private placement, offering 20 million units at C$0.50 each, including one common share and half a warrant exercisable at C$0.80 for 36 months. Vizsla Silver and First Majestic will participate. Funds will support an 8,000-meter drill program at the Claudia Project in Mexico, targeting high-grade silver and gold, and general working capital.

Xali Gold Trading Halt

Xali Gold Corp. received a cease trade order from the British Columbia Securities Commission for failing to file its audited annual financial statements and related documents for the year ended March 31, 2025. The order prohibits trading of the company’s securities in Canada until the filings are completed, expected within 3-4 days.

Orla Mining Reports New Drill Results from Zone 22 at Camino Rojo, Mexico

Orla Mining Ltd. completed a 15,000-metre infill drilling program at Camino Rojo’s Zone 22 in Zacatecas, Mexico, on July 18, 2025, with an additional 5,000 metres planned. High-grade Au-Ag-Zn intersections, including 142.0 g/t AuEq over 1.4 m, enhance the underground resource potential. The results support a 2026 resource estimate update and PEA, with mineralization open for further growth.

Torex Gold Reports Q2 2025 Results

Torex Gold Resources Inc. reported Q2 2025 results, achieving commercial production at Media Luna on May 1, with no lost-time injuries. Gold equivalent production was 82,856 oz, with sales at $253.9 million. All-in sustaining costs were $2,103/oz AuEq. The company expects to meet the lower end of its 400,000-450,000 oz AuEq guidance and has announced acquisitions of Reyna Silver and Prime Mining to diversify its portfolio.

Colibri Withdraws Proposed Amendments to Debentures and Warrants

Colibri Resource Corporation (TSXV: CBI) has decided against amending its outstanding debentures, warrants, and finder’s options, as previously announced on July 16, 2025. After reviewing capital needs and market conditions, management is developing a new financing plan to address the maturing debentures (US$444,000 matured August 1, 2025; US$175,000 due August 31, 2025) and provide additional working capital. Details will be shared soon.

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