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    market news

    Fortuna reports production of 2.0 million ounces of silver and 13,412 ounces of gold for third quarter of 2017

    Melissa Shaw
    Oct. 16, 2017 08:37AM PST
    Silver Investing

    Fortuna Silver Mines (NYSE:FSM)(TSX:FVI) is pleased to announce third quarter 2017 production results from its two operating mines in Latin America, the San Jose Mine in Mexico and the Caylloma Mine in Peru. The Company produced 2.0 million ounces of silver and 13,412 ounces of gold, plus base metal by-products. Silver and gold production for the …

    Fortuna Silver Mines (NYSE:FSM)(TSX:FVI) is pleased to announce third quarter 2017 production results from its two operating mines in Latin America, the San Jose Mine in Mexico and the Caylloma Mine in Peru.
    The Company produced 2.0 million ounces of silver and 13,412 ounces of gold, plus base metal by-products. Silver and gold production for the first nine months totaled 6.2 million ounces and 41,158 ounces respectively; being 2 percent and 5 percent above the Company’s nine month projection. Fortuna is on schedule to produce 8.1 million ounces of silver and 52.4 thousand ounces of gold or 11.2 million Ag Eq ounces in 2017.
    Third Quarter Production Highlights

    • Silver production of 2,009,362 ounces; 4 % decrease over Q3 2016
    • Gold production of 13,412 ounces; 5 % decrease over Q3 2016
    • Lead production of 7,650,040 pounds; 3 % increase over Q3 2016
    • Zinc production of 11,241,371 pounds; 6 % increase over Q3 2016
    • Cash cost for San Jose is US$62.2/t
    • Cash cost for Caylloma is US$76.0/t

    Click here to read the full text release. 

    nyse:fsmmarket newszinc productionq3 2016tsx:fvilatin america
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