Resource News

Reuters reported that Silver Standard Resources (NASDAQ:SSRI) reported lower profits following mine shutdowns in fourth quarter.

Reuters reported that Silver Standard Resources (NASDAQ:SSRI) reported lower profits following mine shutdowns in fourth quarter.

As quoted in the market news:

The Pirquitas mill was shut down in July and then again in September due to a gearbox failure, which prompted the Canadian miner to cut its 2011 silver production outlook to 7.3-7.6 million ounces in October last year.

Click here to read the full Reuters report.

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