Goldgroup Mining Inc. has secured 100% ownership of Molimentales del Noroeste, S.A. de C.V.—owner of the San Francisco Gold Mine in Sonora, Mexico—through a court-approved bankruptcy restructuring, subject to TSXV approval. This consolidates the asset with historic 1.4M oz gold resources for potential production restart.
Capitan Silver Corp. entered a subscription agreement with Schroders for a C$6M non-brokered private placement, issuing 2.96M shares at C$2.03 each. Combined with prior C$23M offering, totals C$29M raised. Proceeds for Cruz de Plata project exploration and working capital.
Kenadyr Metals has reactivated on TSXV, changed its name to Algo Grande Copper (ticker: ALGR), and completed 100% acquisition of the Adelita Copper Project in the Sonora-Arizona belt, featuring high-grade skarn and porphyry potential, with drilling underway.
Newmont Corporation announced plans to sell 6,773,641 common shares of Fuerte Metals Corporation at CAD$4.35 each, generating ~CAD$29.5M in proceeds. This secondary transaction will reduce Newmont’s ownership from ~24% to 19.5%, while retaining a significant stake.
Questcorp Mining Inc. completed a non-brokered private placement, raising $783,000 by issuing 6,023,077 flow-through units at $0.13 each. Proceeds will fund exploration at the North Island Copper Property.
Minaurum Gold Inc. is changing its name to Minaurum Silver Inc., effective December 22, 2025. TSX-V ticker MGG remains unchanged. The change reflects focus on the Alamos Silver Project in Mexico, with a maiden resource estimate upcoming. New CUSIP/ISIN assigned.
Fuerte Metals closed a C$17.25M brokered private placement, issuing flow-through shares at C$5.25 and C$6.04. Proceeds fund exploration at the Coffee Gold Project in Yukon, with expenses renounced by Dec 31, 2025. Agents received commissions; insider participation noted.
Silver Storm Mining ordered 10 new underground units (scooptrams, trucks, drills) from Siton, deliveries starting January 2026, and is rehabilitating existing Sandvik fleet. Ventilation upgrades include two Howden primary fans and 15 auxiliaries. These support safe operations for potential La Parrilla mine restart in Q2 2026.
Mercado Minerals signed community access and exploration agreements with two ejidos in Copalito, Sinaloa, Mexico, for its project. Agreements include annual fees of 100,000 MXN starting 2026, road repairs, and one-year renewals, advancing the drilling permit process.
Orogen Royalties announced continued exploration success at its 2% NSR royalty on the Ermitaño gold-silver mine in Mexico, operated by First Majestic. High-grade intercepts extended mineralization at Navidad and Luna zones, with plant expansion and resource upgrades planned for 2025.
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