Welcome to our dedicated page for Santacruz news (Ticker: SCZMF), a resource for investors and traders seeking the latest updates and insights on Santacruz stock.
Santacruz Silver Mining Ltd. (OTCQX: SCZMF) generates frequent news and operational updates as it operates, acquires, explores, and develops mineral properties across Latin America. Company news releases highlight activity at its producing mines and projects in Bolivia and Mexico, as well as corporate and capital markets developments.
News coverage commonly focuses on production and operating results from the Bolívar, Porco, Caballo Blanco, and San Lucas mining complexes in Bolivia and the Zimapán mine in Mexico. These updates include information on silver equivalent production, tonnes milled, metal grades and recoveries, and the performance of individual mines within the portfolio.
Santacruz Silver also issues news about the advancement of its Soracaya project in Bolivia, describing steps such as preliminary mine planning, permitting, and the use of NI 43-101 compliant mineral resource estimates. Corporate governance items, including board appointments, director transitions, and the results of the company’s Annual General and Special Meeting, are also detailed in its releases.
Investors following SCZMF news can expect announcements related to shareholder approvals, equity incentive plans, restricted share unit grants, and share consolidation decisions, particularly in connection with the company’s application to list on the Nasdaq Capital Market. Operational commentary often explains how different mines contribute to consolidated production and how events such as water inflows or remediation efforts affect output and costs.
This news page aggregates these company-issued updates so readers can review production reports, project milestones, corporate actions, and strategic initiatives affecting Santacruz Silver Mining Ltd. over time.
Santacruz Silver (OTC:SCZMF) granted 39,000 restricted share units (RSUs) to a director on January 5, 2026 under its Omnibus Equity Incentive Plan dated November 17, 2023. The RSUs vest in three equal annual instalments and each vested RSU is redeemable for one common share. The grant is a related party transaction under Multilateral Instrument 61-101 and the company relied on exemptions in sections 5.5(b) and 5.7(1)(a) of MI 61-101 to avoid a formal valuation and minority shareholder approval.
Santacruz Silver (OTCQX: SCZMF) announced a four-for-one share consolidation to support a planned Nasdaq Capital Market listing. The Consolidation is subject to TSX Venture Exchange final approval and is expected to take effect at market open on December 10, 2025 (Effective Date).
Following the Consolidation the company will have approximately 91,346,122 common shares issued and outstanding. Fractional post-Consolidation shares < 0.5 will be cancelled and fractions ≥0.5 will be rounded up. The trading symbol and company name remain unchanged; new CUSIP is 80280U205 and new ISIN is CA80280U2056. Registered shareholders with physical certificates will receive a transmittal letter from Computershare.
Santacruz Silver (OTCQX: SCZMF) reported Q3 2025 results with revenues of $79.99M, gross profit $20.17M and adjusted EBITDA $19.51M. The company closed the quarter with $40.02M cash and $69.20M working capital. Santacruz paid the final installment to Glencore related to its Bolivian acquisition, eliminating the base purchase price obligation. Consolidated silver equivalent production was 3.42M oz for Q3 and 10.66M oz YTD. Q3 unit costs rose: cash cost $28.62/oz and AISC $35.62/oz, driven by remediation at Bolivar, higher ore purchase costs at San Lucas, Zimapán plant improvements, and a stronger Bolivian boliviano. Bolivar's recovery work is expected to restore progressive production beginning Feb 2026.
Santacruz Silver (OTCQX: SCZMF; TSXV: SCZ) reported that all matters at its Annual General and Special Meeting held on November 25, 2025 were approved by shareholders.
Shareholders fixed the board at five directors, re-elected Arturo Préstamo Elizondo, Federico Villasenor, Larry Okada and Barry Girling, and re-elected Roland Löhner who immediately stepped down and was replaced by Bruce Wolfson. Shareholders also overwhelmingly approved a proposed consolidation of common shares to support the company’s proposed Nasdaq listing. The company will announce the consolidation effective date and ratio in a future release. The omnibus incentive plan was re-approved.
Santacruz Silver Mining (OTCQX: SCZMF) announced the appointment of Bruce Wolfson to its board of directors effective November 17, 2025. Mr. Wolfson brings over 40 years of experience in international finance, law, and investment management, with deep experience in Latin America and Asia and prior roles including General Counsel at Jaguar Growth Partners and senior legal positions at Bear, Stearns and The Rohatyn Group.
The company also said that Roland Löhner intends to step down following the annual meeting on November 25, 2025 after serving as a director for more than 10 years. Management thanked Löhner for his service and said it looks forward to Wolfson's contributions to Santacruz's strategic objectives.
Santacruz Silver (OTCQX: SCZMF) reported Q3 2025 consolidated production of 3,424,817 silver equivalent ounces, comprising 1,241,929 oz silver, 21,581 t zinc, 2,603 t lead and 331 t copper. Material processed totaled 486,585 tonnes and underground development reached 12,634 m.
Quarterly comparatives show consolidated silver equivalent down 3% QoQ and 15% YoY; silver production was 13% lower QoQ and 27% lower YoY. Bolívar was impacted by a May 2025 water inflow that cut access to high-grade Pomabamba and Nané, with dewatering upgrades (fourth pump commissioned; fifth pump installation underway) aimed to restore high-grade production by February 2026.
Santacruz Silver (OTCQX: SCZMF) announced it has applied to list its common shares on the Nasdaq Capital Market and will seek shareholder approval at its 2025 Annual General & Special Meeting on November 25, 2025 in Vancouver.
The company will ask shareholders to approve a consolidation of common shares of up to 10:1 to meet Nasdaq's minimum bid price of US$4. Management expects the actual consolidation ratio required will be ≤4:1 based on recent trading.
As of the AGSM record date, 365,384,489 shares are outstanding; post-consolidation shares would be approximately 36,538,448 on a 10:1 basis or 91,346,122 on a 4:1 basis. The Consolidation is subject to TSXV approval.
Santacruz Silver (OTCQX: SCZMF) has begun development activities and initiated full production permitting at its wholly owned Soracaya Project in Potosí, Bolivia, advancing toward a production decision.
A preliminary mine plan is in place supported by 29.6 km of drilling across 90+ holes and a base-case resource of 4,137,000 tonnes at 31.62% ZnEq with an NSR of $248.82. Management said full construction timing and a final construction decision will be announced later.
Independent resource work was prepared under NI 43-101 and the company engaged Atrium Research for sponsored coverage at C$3,500/month for 24 months starting December 1, 2025.