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Endeavour Silver Corp Q2 Silver Production Rises 48 Percent
Endeavour Silver Corp. (TSX:EDR, NYSE:EXK) announced that silver and gold production for Q2 was record-breaking.
Endeavour Silver Corp. (TSX:EDR, NYSE:EXK) announced that silver and gold production for Q2 was record-breaking.
As quoted in the press release:
Silver production in the Second Quarter, 2013 was up 48% to 1,535,873 ounces (oz) and gold production was up 159% to 19,914 oz compared to the Second Quarter, 2012. Revenues were up 57% to US$63.5 million in Q2, 2013 as a result of the increased metal production, offset partially by lower metal prices.
Endeavour’s CEO and Director, Bradford Cooke, said:
Endeavour’s mining operations continued to beat expectations in Q2, 2013 thanks to the out-performance of the Bolañitos mine, which peaked at 3,000 tonnes per day (tpd) thanks to continued access to the leased Las Torres plant. Our consolidated throughput and ore grades both increased during the quarter, offset partially by lower metal recoveries.
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