MAG Silver Reports Second Quarter Financial Results

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’s Castle Mountain Accepted into FAST-41 Permitting Program

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 Announces Closing of Oversubscribed Private Placement

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.

Alamos Gold Announces Filing of Base Shelf Prospectus

Alamos Gold filed a US$500 million base shelf prospectus on August 8, 2025, allowing potential issuance of various securities over 25 months in Canada and the US, replacing an expired prior prospectus, to provide future financing flexibility with no immediate plans.

Guanajuato Silver Announces Non-Brokered LIFE Financing

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 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.

Pinnacle Closes Oversubscribed Non-Brokered Private Placement

Pinnacle Silver and Gold Corp. closed an oversubscribed non-brokered private placement on August 7, 2025, raising C$1,686,608 by issuing 28,110,134 units at C$0.06 each (1 share + ½ warrant; warrants exercisable at C$0.10 for 24 months). Insiders subscribed C$186,500. Finder’s fees: C$20,622 cash + warrants. Proceeds advance El Potrero project and working capital.

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