Category: Investor’s Corner

Sierra Metals reported an 18% increase in consolidated ore throughput and a 14% rise in copper production in Q1 2025 compared to Q1 2024, driven by strong performances at Yauricocha and Bolivar mines. Yauricocha saw a 37% throughput increase, with copper output doubling. Bolivar’s production dipped due to lower grades. Financial results will be released May 14, with a conference call on May 15.

Equinox Gold Corp. announced that proxy advisory firms ISS and Glass Lewis recommend shareholders vote FOR the proposed business combination with Calibre Mining Corp. The merger aims to create a major gold producer in the Americas, with over 1.2 million ounces annually, significant cash flow, and growth potential. The shareholder meeting is set for April 24, 2025.

“We are delighted to have Delbrook partner with us to fund the remaining drilling and provide the cash payment needed to complete our earn-in to a 51% interest in the Sunnyside Project,” said William Wulftange, CEO of Barksdale.

Orla Mining Ltd.is pleased to provide an operational update for the first quarter ended March 31, 2025. Camino Rojo is on track to achieve annual guidance of 110,000 to 120,000 ounces of gold following the quarter.

Fortuna Mining Corp. is pleased to announce the successful completion of the sale of its 100 percent interest in Compañia Minera Cuzcatlan S.A. de C.V. to JRC Ingeniería y Construcción S.A.C., a private Peruvian company.

Goldgroup Mining Inc. is pleased to announce a non-brokered private placement of up to 27,272,727 units of the Company at a price of $0.55 per Unit for aggregate gross proceeds of up to $15,000,000.

“We’re pleased to establish this new credit facility with Truist Bank, which not only augments our working capital capabilities, but also demonstrates growing confidence in our business and long-term potential,” said Richard (Rick) Isaak, Senior Vice President and CFO of U.S. Antimony.

Plata Latina Minerals Corporation has completed the sale of the 3% net smelter return on the Naranjillo property for a total of US$6,000,000 to a wholly-owned subsidiary of Fresnillo plc.

Akiba Leisman, Chief Executive Officer, states that “2024 represented a major inflection point for Mako, demonstrating the inherent profitability of our asset base. Not only did we generate $42.2 million in Adjusted EBITDA and $0.27 in EPS for the year, but we achieved that at gold prices nearly $800 per ounce lower than current market prices.”