Gold Resource Corporation (GORO) reported strong H1 2025 underground drilling results at its Don David Gold Mine in Mexico, completing 51 holes (6,615m) with high-grade intercepts (e.g., $1,665/t NSR over 4.83m). Operational enhancements include new mining methods, development contracts, equipment upgrades, and recovery optimizations to boost grades and cash flow.
Alamos Gold Q2 2025: Produced 137,200 oz gold, sold 135,027 oz at $3,223/oz for $438.2M revenue. AISC $1,475/oz. Net earnings $159.4M ($0.38/share); record operating cash flow $199.5M and free cash flow $84.6M. Reaffirmed 2025 guidance of 580-630 koz.
Agnico Eagle reported record Q2 2025 free cash flow of $1.3B and adjusted net income of $976M ($1.94/share). Gold production was 866,029 ounces at $933/oz cash costs. The company transitioned to a $963M net cash position, repaid $550M in debt, and returned $300M to shareholders via dividends and buybacks. 2025 guidance remains unchanged.
Tocvan Ventures announces permit approval for 45 drill pads and 67 trenches at Gran Pilar Gold-Silver Project, expanding drilled area 5x with over 30,000m of new drilling. This enables testing new targets, resource expansion, and material prep for a 50,000-tonne pilot mine, amid record gold prices.
Sierra Metals Inc. shareholders approved a second-step acquisition by Alpayana Canada Ltd., involving an amalgamation with a new subsidiary, with 99.95% voting in favor. Shareholders will receive C$1.15 per share upon completion, expected around August 1, 2025. Fernando Arrieta, José Cúneo, and Dustin Perry were elected as directors, and KPMG LLP was appointed as auditor.
Grupo Mexico reported a 10% rise in Q2 net profit to $1.23 billion, despite a 4% revenue drop to $4.24 billion, surpassing analyst estimates. EBITDA increased 1.4% to $2.36 billion. Copper production fell 1.3% to 267,325 tons, but lower mining costs and strong byproduct sales (molybdenum, zinc, silver) bolstered results. The company plans $6.2 billion in U.S. copper project investments.
Santacruz Silver Mining Ltd. reported Q2 2025 production of 3,547,054 silver equivalent ounces, down 4% from Q1, with 1,423,081 silver ounces, 21,148 tonnes zinc, 2,773 tonnes lead, and 229 tonnes copper. Flooding at Bolivar reduced output, offset by San Lucas. The company aims to maximize silver production and recoveries in H2 2025.
IMPACT Silver Corp. announced high-grade results from its initial underground drilling at the Santo Domingo Zone, Plomosas Mine, Mexico. Key intersections include 18.03% ZnEq over 2.60m and 23.70% ZnEq over 0.73m. Located outside existing JORC resources, the zone’s proximity to active workings enables rapid production. Drilling continues to expand resources.
Vizsla Royalties Corp. highlights Vizsla Silver’s expanded exploration at the Panuco silver-gold project in Mexico, where it holds a 3.5% NSR royalty on the proposed mine plan and 2% on other concessions. Vizsla Silver plans 25,000+ meters of drilling, an airborne survey, and 70% district mapping in 2025, targeting a Feasibility Study by H2 2025 and production by H2 2027.
Vancouver, British Columbia–(Newsfile Corp. – July 29, 2025) – Southern Silver Exploration Corp. (TSXV: SSV) (the “Company” or “Southern Silver”) is pleased to report the closing of
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