US Antimony Restarts Mexico Smelter Plant After Over a Year

United States Antimony Corp restarted its Madero smelter in Mexico, over a year after halting Latin American operations due to financial losses and low antimony prices. The move follows China’s 2024 export ban on critical minerals, driving antimony prices up. The company aims to process 200 tons monthly by year-end, using international ore sources, amid U.S. efforts to boost domestic critical mineral production.

Canuc Announces Extension of Final Closing Date for Private Placement

Canuc Resources Corporation extended the final closing date of its non-brokered private placement to May 21, 2025, to fund the acquisition of MacDonald Mines Exploration Ltd. and exploration of its assets. MacDonald Mines, founded in 1935, focuses on precious and critical metals in Ontario, with its flagship SPJ Project near Sudbury, targeting copper, gold, cobalt, nickel, and rare earth elements.

Excellon Announces Receipt of Statement of Claim

Excellon Resources Inc. faces a lawsuit in Ontario from Javier Martinez Lomas, seeking US$23 million in damages. The claim relates to a previously resolved dispute in Mexico involving a former Excellon subsidiary. Excellon considers the lawsuit meritless and an attempt to relitigate a settled matter, vowing to defend and dismiss the claim.

Bear Creek Mining Reports 2024 Year End Financial and Operating Results

Bear Creek Mining Corporation reported its 2024 financial results, producing 40,220 oz gold and 217,676 oz silver at Mercedes Mine. Revenue was $103.7M, but a $27.2M impairment charge led to a $66.8M net loss. The company restructured debt with Sandstorm, raised $10M, and initiated a strategic review to enhance shareholder value. Cash costs were $1,471/oz, AISC $1,888/oz.

Regency Silver Announces New CEO

Regency Silver Corp. reports today that effective immediately, Bruce Bragagnolo has been appointed the Chief Executive Officer of the Company.

Pinnacle Provides Progress Report on Field Work at El Potrero Gold-Silver Project and Grants Incentive Stock Options

Pinnacle Silver and Gold Corp. is advancing its El Potrero property in Durango, Mexico, with Phase I fieldwork underway. Surface mapping extended the vein system 1,100 meters, and 132 samples were submitted for analysis. Underground mine cleaning and sampling are complete, access roads cleared, and plant cleanup nearly finished. Community relations are positive, and a LiDAR survey is planned.

Colibri and Partner – Expands Main Zone by 70 Metres – Returning 7.2 g/t Gold and 80 g/t Silver over 2.6 Meters Within 46.9 Meters of 0.5 g/t Gold at the El Pilar Gold-Silver Project

Colibri President & CEO Ian McGavney commented: “We are pleased with overall results from this recent diamond drilling program. The footprint of the gold & silver mineralization at Pilar has been expanded and opens the doors for potential future drilling along the Main Zone trend as well as the less understood 4T and North Hill trends. Our attention will now be focussed on working with our partner to advance a maiden estimate as well as finalizing plans and permitting for our upcoming up to 50,000 tonne test mine/bulk sample.”

Sierra Metals Reports First Quarter 2025 Production Results

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.

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