Latest Silver And Lead Mining News

Capstone Copper has agreed to sell its Cozamin mine in Mexico to Luca Mining in a deal featuring US$275 million upfront and as much as US$110 million in deferred and copper-linked payments. The proposed sale would give Capstone fresh balance-sheet capacity while preserving indirect exposure to the asset through Luca shares.

Capstone Copper will sell its Cozamin copper-silver-zinc-lead mine in Mexico to Luca Mining for up to US$385 million, including US$275 million in upfront cash. The proposed divestment is designed to strengthen Capstone’s balance sheet and redirect capital towards its growth pipeline.

Polymetals Resources moved its Endeavor silver-zinc-lead mine from restart to commercial production in FY2026, generating A$100.0 million in revenue. The milestone came alongside a A$47.0 million loss, negative operating cash flow and an auditor warning over going-concern uncertainty.

Maronan Metals appoints experienced mining executive Andrew Graham as Managing Director and CEO, marking a key leadership transition to advance its Maronan Project through drilling and feasibility milestones.

Boab Metals has secured key contracts and financing milestones, accelerating the Sorby Hills Silver Lead Project with first production slated for H2 2027.

Boab Metals has locked in a A$236 million debt facility to advance its Sorby Hills Silver-Lead Project, marking a pivotal step towards production with a clean financing structure that preserves shareholder value.

American West Metals has launched a targeted field program at its West Desert Project in Utah, focusing on resampling historical drill core for indium and gallium ahead of a new drilling campaign. The project already hosts the largest indium resource in the US with significant expansion potential.

Boab Metals Limited has responded to ASX concerns over recent unusual trading activity, confirming no undisclosed information exists and attributing the surge to positive research reports and rising silver prices.