Aura Minerals Inc. reports record Q3 2025 production of 74,227 GEO (+16% QoQ, +9% YoY at current prices). At constant prices, +17% QoQ. 9M 2025: 203,592 GEO at guidance prices (+3% YoY), on track for 266,000–300,000 GEO guidance. Borborema achieves commercial production with 10,219 GEO.
Silver Storm Mining Ltd. signed a US$7M prepayment financing deal with Samsung C&T subsidiaries to restart the La Parrilla Silver Mine in Mexico. The 18-month facility carries a 1-Month SOFR + 4.75% interest rate, with a six-month grace period and 12-month repayment via concentrate sales deductions. Samsung secures 100% of lead-silver and zinc concentrates for two years. Funds will support mill upgrades and operations.
Vortex Metals Inc. plans to close a second tranche of a non-brokered private placement, issuing up to 2,625,000 units at $0.04 each for $105,000. Each unit includes one share and half a warrant, exercisable at $0.08 for 36 months, with an acceleration clause if shares exceed $0.15 for 10 days after 18 months. Proceeds will fund mining concessions (40%), exploration (40%), and working capital (20%). Securities have a four-month hold period, pending TSXV approval.
Zacatecas Silver Corp. granted 5,000,000 stock options to directors, officers, and consultants at $0.11 per share, exercisable for five years under its rolling stock option plan. Additionally, the company confirmed non-transferable finders’ share purchase warrants from its September 29, 2025, private placement, exercisable at $0.10 per share for two years.
Tocvan Ventures Corp. discovered a new mineralized zone with historic underground workings in the 3.2 km North Alteration Zone at its Gran Pilar Gold-Silver Project in Sonora, Mexico. The 80-meter exposed silicified vein breccia area shows intense alteration; channel/grab samples pending. Located 800m SW and 1,100m NE of permitted high-grade drill targets (up to 3.2 g/t Au, 1,225 g/t Ag). Follow-up trenching and drilling planned.
Luca Mining Corp. confirmed normal operations at its Tahuehueto Gold Project in Durango, Mexico, following a PROFEPA environmental inspection. The inspection, part of routine oversight, identified a small, inactive legacy tailings area needing updated documentation. A temporary closure notice was issued for this 0.3-hectare area, but it does not impact ongoing production. Luca is developing a remediation plan while maintaining operations at Tahuehueto and Campo Morado.
Citigroup rejected Grupo Mexico’s $9.3 billion bid for its Mexican retail unit, Banamex, opting to proceed with a previously agreed deal to sell a 25% stake to Mexican billionaire Fernando Chico Pardo for $2.3 billion. Citi plans a public offering for the remaining shares, believing this maximizes shareholder value. Grupo Mexico’s shares rose over 4.5% after the announcement.
Goldgroup Mining Inc. has doubled crushing capacity at its Cerro Prieto gold mine in Mexico to over 4,500 tonnes per day with a second crushing circuit. The company aims to boost gold production to over 24,000 ounces annually, with an additional 8,000 ounces from a re-leaching project starting in Q1 2026. Ongoing exploration and the Pinos project support further growth.
Agnico Eagle Mines Limited acquired 5,000,000 subscription receipts from Fuerte Metals Corporation’s subsidiary for C$8.25 million, increasing its stake to 8.12% (non-diluted) and 11.65% (partially-diluted) upon conversion. This strategic investment aligns with Agnico’s focus on high-potential geological projects, complementing its portfolio of growth initiatives in Canada, Australia, Finland, and Mexico.
Guanajuato Silver Company Ltd. closed a C$43.5 million “bought deal” offering of 87 million units at C$0.50 each, with each unit including one common share and half a warrant exercisable at C$0.65 until October 9, 2028. Proceeds will fund mine development, working capital, and corporate purposes. Underwriters received a C$2.595 million commission and 2.587 million broker warrants.
Mexico Mining Center © 2021 / All Rights Reserved
