Sierra Metals Inc. acknowledges Alpayana S.A.C.’s increased offer price from C$1.11 to C$1.15 per share for its proposed take-over bid, as announced on May 1, 2025. The bid’s expiry is extended to May 12, 2025. Sierra Metals’ board is reviewing the offer and will make a recommendation soon, noting the bid’s numerous discretionary conditions.

Equinox Gold Corp. shareholders approved all matters at their May 1, 2025, meeting, including the share issuance for the proposed merger with Calibre Mining Corp. Calibre securityholders also approved the transaction. Pending court and regulatory approvals, the deal is expected to close by Q2 2025. Voting results showed strong support for all resolutions, including director elections and executive compensation.

Hecla Mining Company reported record Q1 2025 sales of $261.3 million, up 5%, with net income of $28.7 million. Adjusted EBITDA hit $90.8 million, improving the net leverage ratio to 1.5x. Keno Hill achieved its first profitable quarter, producing 772,430 silver ounces. Lucky Friday set a milling record at 108,745 tons. The company aims to strengthen its balance sheet and optimize operations in 2025.

Capstone Copper Corp. reported Q1 2025 results with record sulphide copper production of 45,950 tonnes at $2.23/lb C1 cash costs, up 49% from Q1 2024, driven by Mantoverde and Mantos Blancos. Consolidated production was 53,796 tonnes at $2.59/lb. Revenue hit $533.3 million, with adjusted EBITDA doubling to $179.9 million. Net loss was $6.8 million. The company reaffirmed 2025 guidance of 220,000-255,000 tonnes at $2.20-$2.50/lb.

Canuc Resources Corporation closed the final $930,000 tranche of a $3,200,000 private placement, issuing 9,300,000 units at $0.10 each, including warrants exercisable at $0.15 for two years. Proceeds will fund the acquisition of MacDonald Mines Exploration Ltd. and advance mineral asset exploration. The closing awaits TSX Venture Exchange approval.

Vizsla Silver Corp. granted 4,050,000 stock options at $2.90, 1,450,000 RSUs, and 850,000 DSUs to directors, officers, employees, and consultants under its Omnibus Equity Incentive Plan. Options vest over two years, RSUs over three years, and DSUs vest immediately. Grants are subject to TSX Venture Exchange and NYSE American approval.

Minera Alamos Inc. reported improved Q4 2024 performance at Santana, with 2,806 oz gold sold and a $1.7M gross mine profit. The company acquired Copperstone mine, targeting increased gold production by 2026. Financing for Copperstone is advancing, with a PEA showing strong NPV. Cerro de Oro permitting continues, and Kevin Small joins as EVP Operations.

Defiance Silver Corp. appoints Armando Vazquez, M.Sc., C.P.G., as Vice President, Operations, effective May 1, 2025. A seasoned geologist with over 14 years of experience, Vazquez will oversee exploration strategies and operations. His expertise in diverse deposit types and compliance with NI 43-101 standards will drive Defiance’s project advancements and shareholder value.

Silver Bull Resources, Inc. updated its international arbitration claim against Mexico, filed with the International Centre for Settlement of Investment Disputes (ICSID). Key progress includes appointing a three-person arbitration panel, engaging a quantum expert to assess the claim’s value, and setting a timeline with the Memorial filing due in May 2024 and the hearing scheduled for October 2025. The company, represented by Boies Schiller Flexner and funded by Bench Walk Advisors (up to $9.5 million), continues case preparation.