Year: 2024

The Cosalá Operations produced approximately 295,000 ounces of silver, 2.8 million pounds of lead and 8.0 million pounds of zinc in Q1-2024, compared with approximately 265,000 ounces of silver, 2.7 million pounds of lead and 7.2 million pounds of zinc in Q1-2023. Silver and zinc production increased by over 10% year-over-year while lead production was essentially unchanged.

“2024 is off to a solid start with quarterly gold production of 115,494 ounces, tracking exactly to plan. Importantly, we delivered these ounces safely, exiting the quarter with one lost-time ankle injury at the Media Luna Project and reaching 14 million hours lost-time injury free at ELG.”

Ramon Perez , President, and Interim CEO, commented, ” I am pleased to share some exciting updates regarding our recent financial performance and production milestones. As we reflect on Q4 2023 results, it’s evident that our optimization initiatives at Campo Morado are yielding promising results. Additionally, despite being in the construction phase at Tahuehueto, we are already observing the early fruits of our labor.

Eric Caba, President & CEO, states, “As 2023 came to a close Mercedes operating performance was getting better – a trend we expect to continue into 2024. Systemic problems take time to come to the surface and be realized however, and then take significant time and resources to resolve. 2023, our first full year as operators of Mercedes, was a difficult year for Bear Creek as our financial results clearly indicate.”

“An updated development plan for the project which was completed late in 2023 has now been initiated and includes increased mining and stacking activities in 2024/25 as was outlined in February this year. Decisions made through the temporary reduction in operations allowed the Company to maintain a strong overall financial position that can support activities planned for this year,” stated Darren Koningen, CEO of Minera Alamos.

Por desacuerdos con el monto de utilidades, trabajadores pararon las operaciones de la unidad Tayahua, de Minera Frisco, ubicada en Terminal de Providencia. Los manifestantes acusan, además, otras violaciones a sus condiciones laborales.

Fortuna Silver Mines Inc. announced today that the Toronto Stock Exchange has approved the renewal of Fortuna’s normal course issuer bid to purchase up to five percent of its outstanding common shares.

Guanajuato Silver Company Ltd. is pleased to announce an upsizing of its previously announced brokered, best-efforts offering for an additional C$2,250,000 under a private placement to accredited investors. The aggregate gross proceeds to the Company will now be up to C$10,875,000 under the combined Listed Issuer Financing Exemption and Private Placement.

El panel de expertos que revisó la solicitud estadounidense de mecanismo laboral contra la mina San Martín, en Zacatecas, dio la razón a México en el sentido de que Estados Unidos no tiene jurisdicción para pedir una investigación de un caso anterior a la entrada en vigor del tratado comercial.