Hindustan Zinc, a subsidiary of the Vedanta Group and a global leader in the Zinc-Lead and Silver market, announced its production figures for the fourth quarter and the fiscal year ending March 31, 2024. Despite a slight year-on-year decrease of 1% in mined metal production for the quarter, the company achieved record highs in refined...
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Hindustan Zinc has disclosed its production data for the fourth quarter and the fiscal year ending March 31, 2024, witnessing a mixed performance in mined and refined metal outputs but achieving a record high in silver production. In the January-March quarter of 2024, mined metal production slightly decreased by 1% year-over-year to 299,000 tonnes but...
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Unicorn Mineral Resources, a prominent mineral exploration and development entity focusing on zinc, lead, copper, and silver in Ireland, has announced an ambitious expansion of its exploration strategy to include East and Southern Africa. This strategic decision, backed unanimously by the Board of Directors, comes following a proposal from Executive Director Jason Brewer, who joined...
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The Silver Institute, a prominent body representing the silver industry, is announced the addition of five new members to its global consortium. This expansion includes companies from Australia, Switzerland, Singapore, and the United States, showcasing the Institute’s broadening international influence. The new members span a diverse range of operations within the silver sector:
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Fortuna Silver Mines has released its financial and operational outcomes for both the fourth quarter and the entirety of 2023. The company, based in Vancouver, British Columbia, encountered a net loss of $92.3 million or $0.30 per share in the fourth quarter due to non-cash impairment charges of $90.6 million, culminating in a total net...
READ MOREAvino Silver & Gold Mines is making significant progress on La Preciosa, a development-stage mineral property in Durango, Mexico, known for hosting one of the largest undeveloped primary silver resources in the country. Located adjacent to Avino’s current operations, La Preciosa’s addition has notably expanded the company’s consolidated mineral resources to 371 million silver equivalent...
READ MOREWheaton Precious Metals has successfully met its 2023 production guidance, thanks to standout performances from its Salobo and Constancia assets. In addition to meeting current production goals, the company has laid groundwork for future growth by securing agreements for eight development assets, aiming for a 40% increase in production over the next five years. While...
READ MOREHecla Mining has set the stage for a significant uptick in silver production, projecting outputs between 16.5 million and 17.5 million ounces, driven by heightened activities at its Keno Hill site. This forecast underscores the company’s strategic focus on silver, even as it anticipates a dip in gold production for the coming year. A detailed...
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Avino Silver & Gold Mines has outlined its production and operational plans for 2024, following a year of significant achievements in 2023. The company anticipates processing between 700,000 to 750,000 tonnes of material, aiming to produce between 2.5 million and 2.8 million ounces of silver equivalent (AgEq). The 2024 growth capital will be allocated to...
READ MOREAvino Silver & Gold Mines has set its sights on processing 700,000 to 750,000 tonnes of material in 2024, targeting the production of 2.5 to 2.8 million silver equivalent ounces. This production will draw from both the Avino Mine and the La Preciosa stockpiles. For 2024, Avino has earmarked a total capital budget of $7.3...
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