“Our decision to inventory a significant amount of silver during the quarter obviously impacted our third quarter financial results but those additional revenues and cash flows are expected to be realized in the coming quarters as prices improve,” stated Keith Neumeyer, President and CEO
Aztec CEO Simon Dyakowski commented “Success in the upcoming drilling program will help build our confidence in advancing the project to an initial open pit resource estimate and elevate the profile of the Cervantes project in a region that has both porphyry copper and heap leach gold production in Mexico.”
“The Cosalá Operations have re-started and will begin to generate revenue and cash flow in the fourth quarter. With the re-opening of the Cosalá Operations, I am confident that the Company will return to positive cash flow generation at current commodity prices, reducing the necessity of further equity financing,” stated Americas Gold and Silver President & CEO Darren Blasutti
Warren Rehn, President and Chief Executive Officer of Golden Minerals, commented, “We are pleased to report our first-ever profitable quarter from mining operations based on continuing strong results from gold-silver production at Rodeo.”
“Hecla’s results reflect our commitment to improve and innovate our operations while delivering free cash flow,” said Phillips S. Baker Jr., President & CEO.
“The third quarter was challenging operationally, with lower than planned production, which led to greater than anticipated unit costs,” stated Rob Henderson, President & CEO of Great Panther.
Christian Milau, CEO of Equinox Gold, commented: “Production continues to increase as we see the benefits of investment at the mine sites during the first half of the year. While increased production from Los Filos and the Brazil mines anchored a strong third quarter for Equinox Gold, approximately one-third of 2021 production will come in the fourth quarter, with more than 65,000 ounces of gold already produced during the month of October.
Mr. Jay Roberge, President of Pantera Silver comments, “We are happy to work closely with the local authorities, and community on the imminent commencement of drilling at the Nuevo Taxco Silver Project. Our field geologists and consultants have been extremely efficient in completing all necessary studies and securing landowner, community and municipality agreements.”
McEwen Mining Inc. today reported its third quarter results for the period ended September 30th, 2021.
Quaterra Resources Inc. is pleased to announce the appointment of Mr. David Harvey, CPG as Vice President of Exploration for the Company.
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