Sunshine Silver Mining & Refining Company

Sunshine Silver Mining & Refining Advances Operational Readiness at the Sunshine Mine

Sunshine Silver Mining reported continued operational-readiness progress at the Sunshine Mine, targeting feasibility-study completion in Q2 2027 and a return to production in late 2028. The company has completed roughly 47,600 of 50,000 meters of underground infill drilling, advanced 1,200 meters of underground development in H1 2026 with 1,300 more planned for H2, and commissioned a new production hoist on the Jewell Shaft. The processing plan contemplates initial throughput of about 1,000 tons per day, expandable to roughly 2,000 tons per day, with legacy mill demolition finishing by year-end to clear the site for a new facility.

•6d ago

Sunshine Silver Mining & Refining Expands Silver Valley Land Position by 60% to Approximately 38,000 Acres and Initiates Multi-Year, 45,000-Meter District-Scale Exploration Program

Sunshine Silver Mining & Refining (NYSE: SSMR) expanded its consolidated mineral rights position in Idaho's Silver Valley by approximately 14,100 acres, or 60%, to roughly 38,000 acres, making it the largest mineral rights holder in the most prolific silver district in U.S. history. The company simultaneously initiated a multi-year, 45,000-meter surface exploration drilling program targeting three drill-ready areas — East Sunshine, Rock Creek and Pine Creek — with surface drilling expected to begin in the fourth quarter of 2026. The targets came out of a 2025 reconnaissance field program that logged 322 man-days of fieldwork, 128 rock samples and 2,935 soil samples, while the separate 50,000-meter underground in-fill program at the Sunshine Mine remains on track for October completion, with downshaft results expected in Q4 2026. CEO Heather White said much of the expanded land has seen limited modern exploration, leaving significant discovery potential beyond the current Sunshine Mine footprint, though no program budget or new resource estimate was disclosed.

•1mo ago

Sunshine Silver Mining & Refining Announces Inclusion in the VanEck Junior Gold Miners ETF

Sunshine Silver Mining & Refining (NYSE: SSMR) will join the VanEck Junior Gold Miners ETF (GDXJ) effective at the market close on September 18, 2026. The index addition comes just three months after the company completed its IPO and began trading on the NYSE on June 4, 2026, which management frames as evidence of its growing public-market presence. CEO Heather White called the inclusion an important milestone expected to increase visibility among institutional and retail investors, expand passive ownership, and support liquidity, while the company remains focused on advancing the Sunshine Mine in Idaho toward a planned return to production in late 2028.

•1mo ago

Sunshine Silver Mining & Refining Reports Second Quarter 2026 Results

Sunshine Silver Mining reported Q2 results with $288.7 million in cash following its successful June IPO, providing a strong balance sheet to fund feasibility studies and drilling. The company posted a net loss of $16.7 million, or $0.13 per share, as planned development spending increased, while drilling results continued to show high-grade intercepts exceeding 1,000 g/t silver. Management reaffirmed plans to complete the Sunshine Mine Feasibility Study in Q2 2027 and aims for a return to production in late 2028.

•2mo ago

Sunshine Silver Mining & Refining Reports Drill Results Exceeding 1,000 grams per tonne Silver from Multiple Zones including New "10 Vein"

Sunshine Silver Mining reported high-grade drill results from multiple zones at the Sunshine Mine, including intercepts exceeding 1,000 grams per tonne silver from the new '10 Vein'. The results support the planned 2027 Feasibility Study and the company's objective to double production capacity to 2,000 tonnes per day from an initial 1,000 tonnes per day. The 50,000-metre drilling program is 60% complete with results confirming robust mineralization, while production remains targeted for late 2028.

•3mo ago

Sunshine Silver Mining & Refining Announces Closing of Initial Public Offering, Including Full Exercise of Over-Allotment Option

Sunshine Silver Mining & Refining closed its initial public offering of 23 million shares at $13.50 per share, including the full exercise of the underwriters' over-allotment option. The offering generated approximately $310.5 million in gross proceeds, providing substantial capital for the company's operations and development of the Sunshine Mine. Top-tier banks including Morgan Stanley, Scotiabank, and BMO Capital Markets acted as joint lead book-running managers, signaling strong institutional confidence in the issuer.

•4mo ago

Sunshine Silver Mining & Refining to Begin Trading on NYSE

Sunshine Silver Mining & Refining began trading on the NYSE under ticker SSMR, marking a key milestone in its plan to restart the historic Sunshine Mine in Idaho. The company controls one of the world's highest-grade silver resources, with an average diluted grade of 1,022 g/t and over 263 million ounces of indicated and inferred resources. Management targets a Feasibility Study completion in early 2027, with production expected to begin in late 2028, leveraging $600 million in existing infrastructure and permits.

•4mo ago