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Silver Standard Resources Inc. (TSX:SSO,NASDAQ:SSRI) released its results for the second quarter of 2014, commenting that during that time period it produced 2 million ounces of silver and 9.3 million pounds of zinc.
Silver Standard Resources Inc. (TSX:SSO,NASDAQ:SSRI) released its results for the second quarter of 2014, commenting that during that time period it produced 2 million ounces of silver and 9.3 million pounds of zinc. That puts the company on track to achieve this year’s guidance.
Other highlights include:
- Completed Marigold mine acquisition: Purchase of the Marigold mine completed on April 4, 2014. Mine operations are now fully integrated into Silver Standard.
- Exceeded gold production schedule at Marigold: Produced 22,060 ounces of gold, 10% higher than the second quarter guidance of 20,000 ounces.
John Smith, president and CEO of Silver Standard, commented:
The second quarter of 2014 marks a new era for Silver Standard as a multi-mine producer with the integration of our Marigold mine in Nevada complete. Our focus at Marigold is on developing our life of mine plan and implementing operational changes to move material at the lowest cost. At Pirquitas, silver and zinc production was delivered to schedule and we continue to focus on cost management activities. Looking ahead, we are well positioned for another strong year with both Pirquitas and Marigold delivering to plan as we come into the second half of 2014.
Click here to read the full Silver Standard Resources Inc. (TSX:SSO,NASDAQ:SSRI) press release.