Sailfish Royalty Corp. announced a Normal Course Issuer Bid to repurchase up to 3,767,749 shares (5% of outstanding shares) from August 12, 2025, to August 11, 2026, at market prices. The company sold its Gavilanes Silver Project, receiving US$50,000, 16.8M AML shares, 33.6M performance rights, and a 2% NSR royalty.

MAG Silver Corp. reported a record Q2 2025 net income of $33.4M ($0.32/share) and adjusted EBITDA of $56.4M, driven by strong Juanicipio performance. Juanicipio processed 342,515 tonnes of ore, achieving 94.6% silver recovery and producing 4.3M silver ounces. MAG announced a $0.144/share dividend and a pending acquisition by Pan American Silver, expected to close in late 2025.

Equinox Gold Corp. announced that its Castle Mountain Mine Phase Two Project in California has been accepted into the U.S. FAST-41 program, streamlining permitting with an expected completion by December 2026. The project, based on a 2021 feasibility study, aims to produce 200,000 ounces of gold annually over 14 years. CEO Darren Hall highlighted its potential as a cornerstone asset.

Prismo Metals Inc. announced an upsized closing of its non-brokered private placement, issuing 6,425,000 units at $0.06 each, raising $385,500. Total proceeds reached $1,077,500 to fund exploration at the Silver King and Ripsey projects in Arizona, including a 1,000-meter drill program. The company also settled a $82,500 debt by issuing 1,375,000 shares.

Guanajuato Silver Company Ltd. announces a non-brokered private placement of units at $0.30 each, aiming to raise $15M-$18M. Each unit includes one common share and half a warrant, exercisable at $0.45 for 36 months. Proceeds will fund equipment, facility upgrades, exploration, and administrative expenses. The offering, closing around August 18, 2025, is subject to regulatory approvals.

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 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 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 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 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.