Americas Gold & Silver Stages Stunning Comeback From $100 Million to $1.4 Billion

Americas Gold and Silver Corporation (TSX: USA; NYSE American: USAS) has engineered one of the most dramatic turnarounds in North American mining. In this exclusive Kitco Mining interview, CEO Paul Huet sits down with Paul Harris to reveal how the company’s market value exploded from under $100 million to $1.4 billion—and why the best is yet to come.

Huet details how the revival of Idaho’s Galena Mine became the foundation for the company’s comeback. “To fix the mine, we had to fix the company,” he says. That meant rebuilding from the ground up—new board, new executive team, new structure, and new shareholders. With major shareholder Eric Sprott converting his 40% Galena stake into company shares, Huet personally doubled down: “I put 70% of our net worth into this, and it’s paid off.”

The results speak for themselves. Americas Gold and Silver has raised $160 million, restarted exploration for the first time in decades, and positioned itself for sustained growth across U.S. and Mexican operations. Production is set to triple from 1.5 million to 5 million ounces of silver annually by 2026, with rising contributions from gold, copper, and antimony—making it the only raw antimony producer in the U.S.

Huet calls 2026 a pivotal year as the company prepares its first formal production guidance, stronger cash flow, and deeper shareholder alignment. This is a must-watch conversation for investors following silver, critical minerals, and North American mining success stories.

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