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Stock Market & Financial Investment News

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January 9, 2014
07:39 EDTEXKEndeavour Silver reports Q4 silver production up 1.93M ounces
Endeavour Silver achieved its ninth consecutive year of production growth in 2013, reporting record production of 6,813,068 ounces silver and 75,578 oz gold. The company also set a new record for quarterly silver and gold production in Q4 from the company's three operating silver mines in Mexico: the Guanacevi Mine in Durango State and the Bolanitos and El Cubo Mines in Guanajuato State. Silver production in Q4 was up 56% to 1.93M oz and gold production was up 37% to 17,686 oz. Revenue was up 2% to approximately $67.9M as a result of the increased precious metals production, offset by lower metal prices. Silver production in 2013 was up 52% to 6,813,069 oz and gold production was up 95% to 75,578 oz compared to 2012. Revenue was up 33% to approximately $276.8M in 2013 as a result of the increased precious metals production, again offset by lower metal prices.
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May 12, 2015
05:40 EDTEXKEndeavour Silver releases positive PEA for Terronera Project
Endeavour Silver released a positive Preliminary Economic Assessment, or PEA, for its emerging new high grade silver-gold discovery on the large, historic and prospective Terronera Project in Jalisco State, Mexico. Endeavour acquired an option to purchase the property in 2010, commenced exploration drilling in 2011, discovered the Terronera mineralized zone in 2012, established an initial resource and purchased the property in 2013 and continued infill drilling to delineate a more substantial resource in 2014. Total pre-production capital expenditures of $65.4M; Construction period of 12 months; Total operating revenue of $542M from estimated sales of 20.4M oz of silver and 138,500 oz of gold at $18 per oz silver and $1,260 per oz gold; Mine-life of 10.3 years.

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