SilverCrest Reports Q3, 2022 Financial Results
During Q3, 2022, SilverCrest continued ramp-up of Las Chispas and produced 4,121 gold ounces and 373,513 silver oz, or 731,628 silver equivalent ounces.
During Q3, 2022, SilverCrest continued ramp-up of Las Chispas and produced 4,121 gold ounces and 373,513 silver oz, or 731,628 silver equivalent ounces.
Sierra Metals Inc. confirms that it has received further correspondence from Compania Minera Kolpa S.A. and Arias Resource Capital Management LP regarding their previously announced unsolicited, non-binding letter of intent.
Tony Makuch, Interim CEO, states: “The receipt of our ESR Distinction, Great Place to Work Certification and the significant progress we have made on other key milestones and voluntary initiatives is reflective of the excellent work by our team in Mexico and the commitment we have made to protecting the environment, providing a safe and inclusive workplace and having a positive influence on local communities and stakeholders.”
“While the entire precious metals industry continues to be challenged in the current macro environment, the Company is optimistic for the remainder of 2022 and a strong start to 2023,” stated Americas President and CEO Darren Blasutti.
“Camino Rojo’s continued outperformance has given us the confidence to increase annual production guidance in our first operating year,” said Jason Simpson, President and Chief Executive Officer of Orla. “During the quarter, we were also pleased to complete the acquisition of Gold Standard, strengthening our growth pipeline.”
Golden Minerals Company today provided financial results and a business summary for the quarter ending September 30, 2022.
“We delivered our strongest quarterly production in recent history and increased our mill throughput by 37% from the previous quarter to over 160,000 tonnes. This reflects our steady ramp up at the Avino mine,” said David Wolfin, President and CEO.
Jorge A. Ganoza, President and CEO, commented, “Our four mines had steady production of gold and silver in the quarter, which places us in a comfortable position at the end of the nine months of the year to meet our annual guidance estimates. Price inflation on key consumable products has driven cost at our operations to the upper range of annual cost guidance, but at this stage in the year we anticipate that the risk for significant cost deviations beyond guidance has diminished.”
Osisko Development Corp. is pleased to report its financial and operating results for the three months ended September 30, 2022.
“Our Q3 results reflect the industry-wide challenge of softening precious metal prices combined with inflationary cost pressures,” said Michael Steinmann, President and Chief Executive Officer.
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