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July 9, 2014
07:34 EDTEXKEndeavour Silver reports Q2 silver production u0 9% to 1.67M oz
Endeavour Silver reports strong silver and gold production results in Q2, trending ahead of guidance year to date. The company owns and operates three silver-gold mines in Mexico: the Guanacevi mine in Durango state and the Bolanitos and El Cubo mines in Guanajuato state. Silver production in Q2 was up 9% to 1.6&M oz, while gold production was down 24% to 15,136 oz compared to 2Q13. Silver equivalent production fell 6% to 2.6M oz using a 60:1 silver:gold ratio.
News For EXK From The Last 14 Days
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March 17, 2015
07:35 EDTEXKEndeavour Silver raises FY15 silver production estimate by 11%
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07:33 EDTEXKEndeavour Silver initiates major mine expansion at El Cubo
Endeavour Silver Corp. has initiated a major expansion of its El Cubo mine in Guanajuato state, Mexico. The company plans to ramp up mine output over the next four months from 1,550 tonnes per day, the current El Cubo plant capacity, to 2,200 tpd. The additional 650 tpd of mine production at El Cubo will come primarily from the V-Asunci mine area, which has thicker mineralized zones amenable to long hole mining, and the Santa Cecilia mine area, which has narrower but higher grade veins, and will be processed at Endeavour's Bolaitos plant, located 18 kilometres away in the same district, which has available capacity and comparable circuits to El Cubo. Production at Bolaitos will be reduced by a small amount to accommodate more processing of El Cubo ore.The main reason for the mine expansion is to drive operating costs lower and generate free cash flow at El Cubo by taking advantage of the available plant capacity at Bolaitos. As a result, El Cubo will become the company's largest mine by metal production. Endeavour received the cooperation of the miners' union at El Cubo last week in finalizing a labor contract that facilitates the mine expansion and helps establish the short- and long-term viability of the mine.

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