Steady Revenues Amidst Challenges Americas Gold and Silver Corporation unveiled its Q3-2023 financial performance, reporting a consistent revenue of $18.3 million, mirroring the same period in 2022. This outcome was driven by a rise in silver production and pricing at the Galena Complex, counterbalanced by a decrease in base metal output and a drop in...
READ MOREProduction Highlights: – Silver: Q3 attributable silver production reached 14.1 moz, a 5.1% decrease from Q2 2023, primarily due to lower ore grade and processed volume at multiple sites. However, production rose by 3.8% compared to Q3 2022, thanks to the Juanicipio mine’s ramp-up. – Gold: Attributable gold production was 132.6 koz, down by 13.0%...
READ MOREGatos Silver released its production data for the quarter and nine months concluding on September 30, 2023, from its Cerro Los Gatos mine in Mexico. Production Details and Comparisons The mine’s mill had an average throughput rate of 2,916 tonnes per day during Q3 2023, marking a 2% increase from the same period in 2022....
READ MOREFortuna Silver Mines has reported its highest-ever gold and gold equivalent production for Q3 2023 from its mines in West Africa and Latin America. The production figures for the quarter are 94,821 ounces of gold and 1.7 million ounces of silver, totaling 128,671 gold equivalent ounces when considering lead and zinc by-products. The cumulative production...
READ MOREThe top silver producers for the second quarter of 2023 have been ranked based on their reported output. While Codelco and Polymetal didn’t make the list due to missing quarterly data, several other prominent companies did. Fresnillo leads as the world’s premier silver producer, with its Q2 2023 silver production reaching 14.9 million ounces (Moz),...
READ MOREPan American Silver (PAAS) has successfully completed the previously announced divestment of its 56.25% stake in the MARA project in Argentina and its 92.3% ownership in the Morococha mine in Peru. These divestments align with Pan American’s strategic goal of optimizing its portfolio after acquiring Yamana Gold. The transactions will lead to a reduction in...
READ MORECanada Silver Cobalt Works Inc has announced its plans to conduct an airborne Multi-Parameter Airborne Survey System (M-PASS) over the expansive sections of its Castle Mine silver project in Northern Ontario. Developed by geoscientists and data scientists at ALS GoldSpot Discoveries, the survey will incorporate advanced technologies including a triaxial magnetic gradient magnetic/VLF platform, a...
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