Maya Gold & Silver: Zgounder Silver Mine Announces Monthly Production
Maya Gold & Silver (“Maya” or the “Corporation”) (TSX VENTURE:MYA) reports a monthly production of 42,033 ounces (1,307 Kg) of silver during the month of August 2017 at its Zgounder silver mine in Morocco. This is an improvement from the previous months but still under the Company’s objective of 45,000 to 55,000 ounces per month. A …
Maya Gold & Silver (“Maya” or the “Corporation”) (TSX VENTURE:MYA) reports a monthly production of 42,033 ounces (1,307 Kg) of silver during the month of August 2017 at its Zgounder silver mine in Morocco. This is an improvement from the previous months but still under the Company’s objective of 45,000 to 55,000 ounces per month. A program is in place to increase production and benefit from the recent silver price rebound.
Flotation cells will be integrated to the processing circuit by the end of Q1 2018, increasing the tonnage of ore processed from 187 t/day to up to 500 t/day (267%) and reduce processing costs by 15%.
August 2017 Production Highlights
- A silver production of 42,033 ounces representing a 2.43% decrease compared to August 2016;
- A total of 4,217 tons processed, a 16.35% decrease compared tof August 2016;
- An average head grade of 364.61 g/t Ag that represents an increase of 13.45% compared to August 2016;
- A total recovery rate of 85%, an improvement over previous months
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1773.13 | +1.21 | |
Silver | 20.30 | -0.03 | |
Copper | 3.51 | -0.04 | |
Palladium | 2193.50 | -3.50 | |
Platinum | 912.00 | +2.00 | |
Oil | 93.32 | -0.57 | |
Heating Oil | 3.36 | -0.08 | |
Natural Gas | 8.14 | -0.14 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured {{ post.primary_section_name }} Stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.