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Fortuna Silver Mines Inc. (TSX:FVI,NYSE:FSM) announced second-quarter production numbers from its Mexico-based San Jose mine and Peru-based Caylloma mine, noting that together they put out 1,074,007 ounces of silver and 5,183 ounces of gold.
Fortuna Silver Mines Inc. (TSX:FVI,NYSE:FSM) announced second-quarter production numbers from its Mexico-based San Jose mine and Peru-based Caylloma mine, noting that together they put out 1,074,007 ounces of silver and 5,183 ounces of gold.
As quoted in the press release:
Silver and gold production for the first six months of the year totaled 2,066,225 and 9,675 ounces respectively. Silver production was 6 % above budget while gold production was in line with plan (see Fortuna news release dated June 18, 2013). Fortuna is on schedule to produce 4.5 million ounces of silver and 23,600 ounces of gold or 5.9 million ounces of Ag Eq* in 2013.
Jorge A. Ganoza, president and CEO of Fortuna, commented:
We are pleased with production results for the quarter which are in line with budget. Our team at Caylloma has done an excellent job in implementing initiatives to improve silver recovery resulting in 83.34 % for the month of June. Management is working on implementing cost and capital reduction measures. Details will be given in the earnings call next month.
Click here to read the full Fortuna Silver Mines Inc. (TSX:FVI,NYSE:FSM) press release.