Day: July 23, 2015

“Despite lower than expected quarterly production at the Galena Complex due to a clutch failure on the Galena Hoist, consolidated all-in sustaining costs were at the low end of our guidance and lower than the previous quarter as cost reduction initiatives continued to prove effective,” said Darren Blasutti, President and CEO of Americas Silver. “We expect to make up the 10,000 ton shortfall at Galena in the second half of 2015 which will further reduce cash costs and all-in sustaining costs bringing them below our guidance for the remainder of the year.”