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Posts tagged as: silver mining industry

Fresnillo: Silver output in line, gold beats view

Mexican precious metals miner Fresnillo PLC FRES.LN Wednesday said first quarter silver production was in line with expectations, while gold production was above expectations, as it commissioned its new Noche Buena gold mine. Fresnillo, the world’s largest primary silver producer and Mexico’s second largest gold producer, said attributable silver output, including silver from its Silverstream […]

Hochschild ‘s first quarter attributable silver production dropped 8.7% to 5.08 million ounces

Hochschild Mining PLC said Wednesday it remains on track to deliver its full year attributable silver production target after taking into account lower first quarter gold and silver production. The Latin American precious metals producer said attributable silver equivalent production dropped 8.7% on year in the first quarter to 5.08 million troy ounces. Attributable silver […]

Polymetal 1st-period gold, silver output up

Russian gold and silver producer Polymetal International PLC Monday reported production rises of 74% in silver and 24% in gold in the first quarter compared with the same quarter of 2011. “The first quarter results, including successful start-up of production at the Amursk POX plant, achievement of design recoveries at Albazino, and smooth operation of […]

Orvana to produce more gold, silver in Bolivia

Orvana Minerals Corp said it has started commercial production at its gold-silver-copper mine in Bolivia, and raised its full-year production outlook for gold and silver. The company expects the Don Mario upper mineralized zone to produce 12,500 ounces of gold and 500,000 ounces of silver, up from its earlier forecast of 11,000 ounces of gold […]

US silver’s 2011 results boosted by rising prices

U.S. Silver Corp. enjoyed a bountiful 2011, with revenue, net income, and production all increasing, thanks primarily to the rise in the price of silver, while reserves rose for the fifth consecutive year, the company reported on Thursday. The Toronto-based company reported pretax net income of $21.3 million for the year ended Dec. 31, up from $4.8 million in […]