Avino Silver & Gold Mines announced key executive appointments to support its growth strategy. The company named David Wolfin as Executive Chairman, while Jim MacKenzie was appointed Chief Executive Officer and will join the Board of Directors. Avino stated the leadership transition is designed to strengthen corporate governance, advance operational objectives, and support the company’s next phase of growth as it expands production and development activities in Mexico.

Heliostar Metals has completed its option agreement with Zacatecas Silver Corp., granting the company the right to acquire 100% of the non-core Cumaro, La Lola, Oso Negro, and Ejutla exploration projects in Mexico. Heliostar received C$129,000 in cash and 4.2 million Zacatecas Silver shares at closing, with total consideration of C$450,000 cash and C$750,000 in shares over three years. Heliostar also retains a 2% NSR royalty on the properties.

Luca Mining provided an operational and corporate update highlighting improved performance at its Mexican operations. The company reported stronger production and recovery rates at both the Campo Morado and Tahuehueto mines, continued progress toward achieving sustainable positive cash flow, and ongoing efforts to optimize processing, reduce costs, and strengthen its balance sheet as it advances toward commercial-scale operations.

Zacatecas Silver has signed a definitive option agreement to acquire four exploration projects—Cumaro, La Lola, Oso Negro (Sonora) and Ejutla (Oaxaca)—from Heliostar Metals, significantly expanding its Mexican exploration portfolio. The assets include high-grade gold-silver targets and district-scale land positions. Under the agreement, Zacatecas Silver can earn a 100% interest through staged cash and share payments, while Heliostar retains a 2% NSR royalty.

Sinda Ltd., a silver exploration and development company backed by The Electrum Group, has filed for a U.S. initial public offering and plans to list on the NYSE under the symbol SIND. The company controls five contiguous concessions in Guanajuato and intends to use the proceeds for exploration and underground development. Sinda reports resources of approximately 385 million silver-equivalent ounces and sees potential for substantial further growth.

Minera Frisco, part of Carlos Slim’s Grupo Carso, has restarted operations at two mining units in Mexico and plans to bring a new silver project into production. The company expects the moves to boost precious metals output and support growth following operational challenges in recent years. The restart reflects improving market conditions and Frisco’s strategy to strengthen its silver and gold production profile.

Colibri Resource Corporation announced the resignation of director Jamie Lavigne, P.Geo., effective immediately. The company thanked Lavigne for his years of service, technical expertise, and contributions as both a director and NI 43-101 Qualified Person. Colibri also appointed Mark Smethurst to its Board of Directors, bringing more than 25 years of mining exploration and development experience.

Silver Spruce Resources provided an update on its proposed acquisition of the Jackie gold-silver project in Sonora, Mexico. Completion remains subject to lifting a cease-trade order and obtaining regulatory approvals. The company is working to meet filing requirements and advance financing efforts needed to close the transaction and secure ownership of the exploration property.

Orla Mining has resumed operations at its Camino Rojo Mine in Zacatecas after an illegal worker blockade that began on June 1 was lifted. Discussions between management, employees, and the union are ongoing regarding bonus and profit-sharing payments. The company reaffirmed its 2026 production guidance of 110,000–120,000 ounces of gold, assuming no further disruptions.

A Mexican bankruptcy court has authorized the joint sale of steelmaker Altos Hornos de México (AHMSA) and its mining subsidiary Minera del Norte (Minosa) for a combined value of approximately US$1.33 billion. The revised sale structure keeps both companies together as a single productive unit rather than selling assets separately, with the goal of preserving operations, protecting jobs, and maximizing value for creditors. Worker claims will receive priority from the sale proceeds. Bids are expected within 60 days, with a new owner potentially selected by mid-August 2026.