Fresnillo Divests From MAG Silver

Mexico-based silver company Fresnillo sold the majority of its stake in Canada-based junior miner MAG Silver. The decision comes after the Pan American Silver acquisition of MAG Silver, as it does not align with Fresnillo’s objectives. In other news, Australia-based Lynas Rare Earth Metals became the first dysprosium producer outside China. Production takes place amid increasing Chinese export restrictions on certain critical minerals.

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Fresnillo Sells Most of Its Stake in MAG Silver

Fresnillo announced it has sold the majority of its stake in MAG Silver. Fresnillo stated this decision follows Pan American Silver's recent acquisition of MAG Silver, a development it considers misaligned with its own strategic objectives.

GR Silver Mining Raises Private Placement to US$1.85 Million

GR Silver Mining announced it is increasing the size of its non-brokered private placement, originally disclosed on May 8, 2025, due to heightened investor interest. The company now intends to raise up to US$1.85 million through the sale of 14,230,770 units at a price of US$0.13 per unit. Each unit comprises one common share and one-half of a common share purchase warrant. 

Americas Gold and Silver Reports 1Q25 Results

Americas Gold and Silver Corporation has reported financial and operational results for 1Q25, highlighting progress in its turnaround strategy and infrastructure investment. Silver production reached approximately 446,000oz, slightly down from 484,000oz in 1Q24, due mainly to lower grades and tonnage at the Cosalá operations as the site transitions from the San Rafael Mine to the higher-grade EC120 zone.

Vizsla Silver Expands in Sinaloa, Acquires Santa Fe Project

Canada-based exploration company Vizsla Silver entered into agreements to acquire the Santa Fe project in Sinaloa. The project, near its flagship Panuco venture, features permitted production infrastructure and exploration potential. Vizsla Silver’s recent acquisition is a 12,229ha site featuring production and exploration concessions, located 22km southeast of the Panuco project in Mexico. The acquisition will be made through a combination of cash and shares, reports the company.

Pan American Silver Acquires MAG Silver

Pan American Silver announced it will acquire MAG Silver in an agreement valued at approximately US$2.1 billion. The transaction will give Pan American Silver shareholders a 44% interest in the Juanicipio mine in Zacatecas.

Lynas Becomes First Dysprosium Producer Outside China

Lynas Rare Earths announced it has successfully produced dysprosium at its Malaysian plant, marking the first commercial production of this heavy rare earth element outside of China. The company's achievement comes amid increasing geopolitical risk caused by Chinese dominance over the production and refining of critical minerals.