Agnico Eagle Mines sold its entire 38M-share stake in Orla Mining (11.3% ownership) at C$14.75/share, netting C$560M via Toronto Stock Exchange. CEO Ammar Al-Joundi cited disciplined capital allocation to fund priorities, praising Orla’s growth from developer to mid-tier producer since 2017. Orla’s COO Jason Simpson thanked Agnico for support, noting enhanced liquidity.
Anglo American and Teck Resources announce merger of equals to form Anglo Teck, a Canada-headquartered top-5 copper producer with 70% copper exposure. $800M annual synergies + $1.4B from adjacent ops; $4.5B special dividend to Anglo shareholders. Ownership: 62.4% Anglo, 37.6% Teck. Completion in 12-18 months.
“As at the historic Pinos Cuates mine, the existing underground workings at Dos de Mayo are giving us an important understanding of the nature of the gold-silver mineralization at El Potrero,” stated Robert Archer, Pinnacle’s President & CEO. “What we are seeing is consistent with these low-sulphidation epithermal systems, where pockets of high-grade mineralization (called “clavos” in Mexico) occur within a defined horizon, likely consistent with the “boiling zone” of the hydrothermal fluids.
Alamos Gold Inc. has been named a TSX30™ 2025 winner for the second year, recognizing its 310% dividend-adjusted share price growth over three years. CEO John McCluskey praised the company’s sustainable business and growth pipeline for delivering stakeholder value. TSX CEO Loui Anastasopoulos highlighted the winners’ strategic execution in diverse sectors.
GR Silver Mining Ltd. is pleased to announce that it has received a key 5-year drill permit for the San Marcial Area authorizing additional step-out and exploration drilling in an extensive area surrounding the current NI 43-101 Resource Area. The five-year Informe Preventivo issued by the Secretaría de Medio Ambiente y Recursos Naturales Mexico will allow for the drilling of step-out and exploration holes at 46 new drill sites in the San Marcial Area.
Pacifica Silver Corp. (CSE: PSIL) announced a Fall 2025 exploration program at its Claudia Silver-Gold Project in Durango, Mexico. The program includes an 8,000-metre Phase I drill campaign starting late September, targeting high-grade silver-gold veins, alongside surface sampling, geological mapping, and a 27-line km geophysical survey to enhance understanding and identify new drill targets.
Chesapeake Gold Corp. updates on its sulphide leach technology and Lucy exploration. Metates PFS metallurgical testwork advances positively, with third-party testing on three projects underway and new patents filed. At Lucy, a new 200m gold corridor (up to 1.33 g/t Au over 15m) and copper anomalies (up to 2% Cu) identified; project may extend 3km. Drilling planned post-current surveys.
GoGold Resources Inc. (TSX: GGD) announces initial 2025 near-mine exploration results at Los Ricos South Project, Mexico. Highlights: LRSGT-23-001 (41,110 g/t AgEq over 1.42m, incl. 28,094 g/t Ag & 173.6 g/t Au); LRGG-24-318 (904 g/t AgEq over 0.75m); LRGG-25-324 (1,034 g/t AgEq over 1.39m); LRGG-25-337 (849 g/t AgEq over 1.50m). Drilling extends Abra Zone down-dip and south, targeting 3.5km strike.
Kootenay Silver Inc. has launched a 50,000-meter drilling program at its Columba Silver Project in Chihuahua, Mexico, with two rigs targeting D and I-Vein extensions. Five drillholes (2,500m) are complete, with results pending. The program aims to expand the maiden 54.1 Moz silver Inferred Resource (284 g/t Ag). Fully funded, it seeks to update the MRE and explore a PEA.
Luca Mining Corp. reported high-grade results from its 2025 drilling at Tahuehueto Gold-Silver Mine, Durango, Mexico. Surface drilling at Santiago Deposit yielded 14.0m at 6.68 g/t Au and 6.0m at 9.0 g/t Au, with high-grade intercepts up to 23.1 g/t AuEq. Underground drilling confirmed Creston and Perdido vein continuity, with new breccia zones indicating resource expansion potential.
Mexico Mining Center © 2021 / All Rights Reserved
