Video News/Kitco Mining

Americas Gold and Silver Corporation (TSX: USA; NYSE American: USAS) CEO Paul Huet speaks with Kitco Mining’s Paul Harris about the company’s turnaround at the Galena Mine in Idaho, describing how a renewed focus, shareholder alignment, and modernization have positioned the U.S. silver producer for growth. “If we want to turn that around, we gotta fix the mine. In order to do that, we need to change the board, change the executive team, change the corporate structure, and the shareholders, and that’s what we did,” he said. Huet said the company has raised $160 million and grown from under $100 million to about $1.4 billion in market value while investing heavily alongside shareholders. “I put 70% of our net worth into this and I’m very happy we did because so far it’s been very good and there’s a lot of room from here,” he said. The company plans to grow Galena’s production to 5 million ounces per year and, beginning in 2026, start receiving payments for gold, copper, and antimony.