Americas Gold and Silver (USA) Mining Forum Americas 2026 summary

Industry context and strategic insights

• Participation in both mining and AI industry events highlighted a disconnect between technology and metals supply, with AI leaders unaware of critical metal shortages such as silver and copper, despite their importance to tech growth.

• Emphasized the need for miners to engage with technology sectors to raise awareness of metals' role in enabling AI and electronics.

Operational improvements and mine revitalization

• Consolidated ownership and infrastructure at the Galena Complex, including acquisition of the Crescent Mine and modernization of shafts, aiming to restore historic production levels of 5 million ounces of silver annually.

• Transitioned mining methods from jackleg to long hole, significantly improving efficiency and ore grades, with 70% of the mine targeted for conversion.

• Construction of a $24 million paste fill plant, expected to be completed in Q4, will further enable efficient long hole mining cycles.

Exploration and resource growth

• Six new discoveries at Galena, including the high-grade, wide 34 vein, and strong drill results at Crescent and Cosalá, with several intercepts far exceeding historical averages.

• Mexico operations are now considered a flagship asset, with record production and grades, and ongoing drilling expected to further expand resources.