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Fresnillo to acquire Probe Gold for expansion

PRIVATEOct 21, 2026

Acquiring Company

Fresnillo

Acquired Company

Probe Gold

TorontoMiningMiningMineral

Description

Fresnillo PLC has entered into a strategic agreement to acquire Probe Gold Inc., expanding its precious metals portfolio. The announcement follows a 74.7% rise in first-half revenues to US$3.4 billion. The deal supports Fresnillo's ongoing greenfield and brownfield project pipeline in Mexico and internationally.

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Company Information

Company

Fresnillo

About

Fresnillo is a leading Mexican precious metals producer focused on silver and gold extraction. The company is renowned for its commitment to sustainable mining practices. With a strong portfolio of operating mines, Fresnillo is well-versed in exploration and development of mineral resources. It aims to enhance its growth through strategic acquisitions and expansions.

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Frequently asked

Who acquired Probe Gold?

Probe Gold was acquired by Fresnillo. The deal was reported on October 21, 2026. Fresnillo is a leading Mexican precious metals producer focused on silver and gold extraction. The company is renowned for its commitment to sustainable mining practices. Fresnillo is privately held and operates in Mining.

When did Fresnillo acquire Probe Gold?

Fresnillo's acquisition of Probe Gold was reported on October 21, 2026. Fresnillo PLC has entered into a strategic agreement to acquire Probe Gold Inc., expanding its precious metals portfolio. The announcement follows a 74.7% rise in first-half revenues to US$3.4 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Probe Gold do?

Probe Gold Inc. is a leading Canadian gold exploration company focused on the acquisition, exploration, and development of highly prospective gold properties. It is privately held, operating in Mining, and is based in Toronto.

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