Northwire Canada EditionFriday, November 6, 2026
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Gold 4,113.50 +1.0% Silver 52.38 +0.2% Copper 6.21 −3.4% Oil 90.52 +2.7% Palladium 1,034.00 +3.1% GRZ 5.25 −8.7% TNGD 5.20 +2.0% IMG 24.46 −0.1% III 6.05 −2.6% SCMI 0.900 −5.3% TSK 0.810 −1.2% MEK 0.040 +0.0% GAU 2.99 +2.0% SVM 11.69 −3.5% NGEX 20.70 −4.6% WPM 185.96 +1.2% ETG 2.58 −7.9% CG 29.87 −0.2% EMO 0.190 −2.6% TUF 0.660 −5.7% APMI 0.095 −13.6% Gold 4,113.50 +1.0% Silver 52.38 +0.2% Copper 6.21 −3.4% Oil 90.52 +2.7% Palladium 1,034.00 +3.1% GRZ 5.25 −8.7% TNGD 5.20 +2.0% IMG 24.46 −0.1% III 6.05 −2.6% SCMI 0.900 −5.3% TSK 0.810 −1.2% MEK 0.040 +0.0% GAU 2.99 +2.0% SVM 11.69 −3.5% NGEX 20.70 −4.6% WPM 185.96 +1.2% ETG 2.58 −7.9% CG 29.87 −0.2% EMO 0.190 −2.6% TUF 0.660 −5.7% APMI 0.095 −13.6%
Regulatory

SILVER BULL PROVIDES UPDATE ON ITS ARBITRATION CASE AGAINST MEXICO AND VOTING RESULTS OF THE ANNUAL MEETING OF SHAREHOLDERS

Sierra Mojada Arbitration Timeline Confirmed

By The Northwire Desk — AI Analysis Apr 16, 2026 · 16:15 SVB · 0.33 Silver Bull Resources, Inc.
Executive Summary
  • The most recent release (April 16, 2026) confirms the International Centre for Settlement of Investment Disputes (ICSID) tribunal is expected to render a final award regarding Silver Bull's arbitration against Mexico by the end of May 2026.
  • The arbitration concerns the illegal blockade of the Sierra Mojada Project which has been ongoing since September 2019 under USMCA and NAFTA frameworks.
  • Litigation funding of up to US$9.5 million is being provided by Bench Walk Advisors LLC via a Litigation Funding Agreement for case costs and company operations.
  • At the Annual General Meeting (AGM), shareholders re-elected four directors with over 98% support and ratified Manning Elliott LLP as the independent auditor.
  • Quorum was met at 24.4% of issued and outstanding shares represented.
Material Impact
  • The news is a procedural update confirming the timeline for the final award, which aligns with previous expectations set in October 2025 (hearing completion) where an award was estimated within ~6 months.
  • No new outcome or settlement amount is disclosed; therefore, there is no immediate valuation change based on this release alone.
  • The confirmation of litigation funding stability ($9.5M cap) reduces near-term liquidity risk but does not alter the fundamental binary nature of the investment (win/loss).
  • AGM results indicate stable governance and shareholder confidence in management, which is positive but expected for a company in this stage.
  • Overall impact is neutral as the market has likely priced in the May 2026 decision window since October 2025.
SVB · Price
Company Overview
  • Company: Silver Bull Resources Inc. (SVB).
  • Flagship Project: Sierra Mojada, located in Coahuila, Mexico.
  • Project Status: Open-pit oxide deposit currently blocked by Mexican authorities since September 2019.
  • Resource Estimate: NI 43-101 compliant Measured & Indicated resource of 70.4 Mt at 3.4% Zn and 38.6 g/t Ag (5.35 bn lb Zn; 87.4 M oz Ag).
  • High-Grade Zones: Zinc zone of 13.5 Mt @ 11.2% Zn; Silver zone of 15.2 Mt @ 114.9 g/t Ag.
  • Legal Basis: Claims filed under USMCA/NAFTA via ICSID alleging unlawful expropriation and denial of fair treatment.
Read the original news release →

More from Silver Bull Resources, Inc.

Oct 05, 2026 · 08:30

Silver Bull faces a lien over Sierra Mojada licences following an arbitration loss.

Regulatory Jun 01, 2026 · 13:23

Silver Bull’s Sierra Mojada Arbitration Collapses; Tribunal Hands a Stunning Dismissal and a $1M Bill, Crushing the Only Path Past a Six‑Year Blockade

Regulatory