The acquisition of Silver Standard Resources’ exploration properties is part of the Vancouver-based miner recent emphasis on expanding its presence in Mexico.
Endeavour Silver Corp. Mining News
Despite the lower figures, the miner noted it remains on track to meet full year revised guidance of 5.5-6.0 million ounces of silver this year.
The cut-back should help the miner lower all-in sustaining costs of production and generate free cash flow.
Mexico-focused miner Endeavour Silver Corp (TSE:EDR) increased silver output by 19% year-on-year to 1.07 million ounces in the first quarter of 2012 after a plant expansion at its Guanajuato mine in 2011.
Endeavour Silver is paying a quarter-billion dollars for two Mexican mining properties owned by AuRico Gold (TSX:AUQ). Endeavour (TSX:EDR) said yesterday it will spend up to $250 million for AuRico's El Cubo silver-gold mine in Guanajuato state, and the Guadalupe y Calvo silver-gold exploration project in the state of Chihuahua.
Endeavour Silver Reports Record Production in First Quarter, 2012; Produces 1,072,491 Oz Silver (Up 19%) and 6,321 Oz Gold (Up 26%)
Endeavour Silver Corp. (TSX: EDR.TO - News)(NYSE: EXK -News)(Frankfurt: EJD.F - News) announced today that the Company set new records for silver and gold production in the First Quarter, 2012 from the Company's two operating silver mines in Mexico, the Guanacevi Mine in Durango State and the Guanajuato Mine in Guanajuato State.
Endeavour Silver Forecasts Eighth Consecutive Year of Production Growth, 60% Mine Expansion Now Underway to Fill Plant to Capacity at Guanajuato
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 31, 2012) - Endeavour Silver Corp. (TSX:EDR)(NYSE:EXK)(FRANKFURT:EJD) announced today that it is forecasting its eighth consecutive year of production growth for 2012. The Company owns and op...
Last year, Eric Sprott, legendary gold and silver investor and chairman of Sprott Inc., issued an open letter to 17 of the world’s largest silver producers.
With the price of silver near 30-year highs, analysts and investors are beginning to question the underperformance of silver mining and streaming stocks.
How much silver can I buy for a hundred trillion Zimbabwe dollars? Endeavour Silver asks this question to kick off a short video demonstrating the value of the white metal in relation to fiat currencies, which have not always held their value. In talking to silver traders and historians, the company (www.edrsilver.com) shows that while paper money is a promise to pay from the government issuing the currency, silver and gold are valued intrinsically based on the amount of the metal in a coin or any metallic object.
Endeavour Silver Corp.(TSX:EDR)(NYSE Amex:EXK)(DBFrankfurt:EJD) announced today record earnings, cash-flows and revenues for the fourth quarter and fiscal year ended December 31, 2010, thanks to the Company's sixth consecutive year of growing silver and gold production, […]
A new educational video on how silver is formed and mined has been commissioned by Canadian miner Endeavour Silver and the first part is now available on the company's website.
Endeavour Silver Expands Indicated and Inferred Silver-Gold-Zinc-Lead Resources at the Parral Project in Chihuahua State, Mexico
Endeavour Silver Corp. (TSX:EDR)(NYSE Amex:EXK)(DBFrankfurt:EJD) released today an NI 43-101 resource estimate for its Parral Project located adjacent to the city of Hidalgo de Parral in Chihuahua State, Mexico. The indicated and inferred resources were […]
Endeavor reported silver production was up 15% to 895,931 ounces, while gold output increased 6% to 4,871 ounces during the fourth-quarter 2010.