Golden Minerals Company has reported production data from its Rodeo gold-silver mine (Durango State, Mexico) for the first quarter of 2022.
“Acabo de firmar hoy en la mañana, la iniciativa de reforma a la Ley Minera, que no requiere las dos terceras partes, es mayoría simple, para que el litio quede como propiedad de la Nación.”
Sandeep Singh, President and CEO of Osisko commented: “Osisko had a very productive start to the year. We provided our inaugural 5-year growth outlook which highlights excellent organic growth, announced an agreement to acquire a metals stream on the high-grade Trixie Gold Mine in Utah, entered into a binding agreement with Metals Acquisition Corp. on a silver stream on the high-grade CSA mine in Australia, and closed a US$250 million equity financing.”
“Following on from the excellent high-grade maiden JORC resource at El Refugio, dry season work has expanded drill targets along strike from El Refugio and in other parts of the district. Diamond core drilling will focus on expansion of the El Refugio resource which is open at depth and to the west as well as testing targets further along strike.”
Mr. Makuch has over 35 years of mining industry experience and was most recently President, CEO and Director of Kirkland Lake Gold Ltd.
“Hecla is on track to grow silver production this year and for each of the next two years while also being the United States’ third largest zinc producer. Zinc, like silver, is a critical mineral in the energy transition and is approaching its all-time high price set 15 years ago.”
“We had a solid start to the year with Q1 gold production of 112,440 ounces, slightly ahead of budget given higher than anticipated processed grades.”
“In 2021, we increased production by 32% and achieved record annual production. In 2022, as expected, we started with lower production once we entered lower grades in EPP and San Andres combined with pit preparation for higher production to be achieved during the second semester of 2022.”
“The year is off to a strong start,” stated Dan Dickson, Chief Executive Officer. “Operationally, Guanacevi continues to outperform production expectations and Bolañitos remains steady. Strategically, we made a significant move in January signing a definitive agreement to acquire the Pitarrilla Project, one of the world’s largest undeveloped silver deposits.”
The Company delivered a strong operating performance in the first quarter of 2022 with all mines on target to achieve annual guidance for silver and gold.
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