“2024 is off to a solid start with quarterly gold production of 115,494 ounces, tracking exactly to plan. Importantly, we delivered these ounces safely, exiting the quarter with one lost-time ankle injury at the Media Luna Project and reaching 14 million hours lost-time injury free at ELG.”
Silver Tiger’s CEO, Glenn Jessome, stated, “As we continue receiving promising assay results, it is apparent that the developing “Footwall” and “Keel Zones” shows excellent grade and continuity.” Mr. Jessome further stated, “The results may increase the updated MRE associated with the PFS-level study, as well as further de-risk the project.”
Ramon Perez , President, and Interim CEO, commented, ” I am pleased to share some exciting updates regarding our recent financial performance and production milestones. As we reflect on Q4 2023 results, it’s evident that our optimization initiatives at Campo Morado are yielding promising results. Additionally, despite being in the construction phase at Tahuehueto, we are already observing the early fruits of our labor.
Eric Caba, President & CEO, states, “As 2023 came to a close Mercedes operating performance was getting better – a trend we expect to continue into 2024. Systemic problems take time to come to the surface and be realized however, and then take significant time and resources to resolve. 2023, our first full year as operators of Mercedes, was a difficult year for Bear Creek as our financial results clearly indicate.”
“An updated development plan for the project which was completed late in 2023 has now been initiated and includes increased mining and stacking activities in 2024/25 as was outlined in February this year. Decisions made through the temporary reduction in operations allowed the Company to maintain a strong overall financial position that can support activities planned for this year,” stated Darren Koningen, CEO of Minera Alamos.
Por desacuerdos con el monto de utilidades, trabajadores pararon las operaciones de la unidad Tayahua, de Minera Frisco, ubicada en Terminal de Providencia. Los manifestantes acusan, además, otras violaciones a sus condiciones laborales.
Fortuna Silver Mines Inc. announced today that the Toronto Stock Exchange has approved the renewal of Fortuna’s normal course issuer bid to purchase up to five percent of its outstanding common shares.
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