Ernesto Balarezo, CEO of Sierra Metals, commented, “I am pleased to see Yauricocha operating at more than 3,000 tpd during the quarter and on track to sustainably achieve 3,600 tpd this year given the successful development below level 1120. Furthermore, Bolivar continues to deliver steady numbers quarter over quarter.”
“Paying down the remaining outstanding balance on our Credit Facility, only in our third year of operations, is a testament to the robust cash generation from our Camino Rojo Mine. Our continued financial discipline coupled with the increasing gold price has strengthened our financial position and accelerated this repayment.”
“The opportunity for Newmont gold to be accessible, direct to consumers, is a testament to our commitment to promoting gold as a prized commodity worth pursuing and owning.”
“We believe that the combined portfolio of the Reyna Silver and Reyna Gold exploration properties and the combined management team’s experience creates the potential for the combined business to become a premier metals exploration company,” added Jorge Ramiro Monroy, CEO of Reyna Silver.
Consolidated gold and silver production for the nine months of 2024 totaled 273,645 ounces and 2.9 million ounces, respectively, or 339,933 ounces of gold equivalent, including lead and zinc by-products.
As a result of the production outperformance year-to-date at Camino Rojo, the Company is increasing full year gold production guidance to 130,000 to 140,000 ounces.
On July 12, 2024, the Company announced that it has previously engaged an arm’s length party, AXINO Media GmbH to perform services for the Company, including investor relations activities, as defined in accordance with the policies of the TSX Venture Exchange and applicable securities laws. The Company would like to clarify that the engagement of AXINO was effective as of July 1, 2024 and prior to that date, AXINO had not been engaged by the Company.
Dale Andres, CEO of Gatos Silver, commented: “The CLG mine continues to produce consistent results, with another quarter of strong production and another new record for mill throughput. As a result of continued good operational performance, we are increasing our 2024 full year silver and silver equivalent production guidance by 7% and 6%, respectively, and lowering our by-product AISC by 12%, based on the midpoint of each guidance range.”
“We delivered a strong operational result during the third quarter with gold production of 119,412 oz, bringing year-to-date gold production to 348,728 oz. With this solid performance, we are well on track to deliver on full-year production guidance for the sixth consecutive year.”
Heliostar Metals Ltd. is pleased to announce that it has appointed Mr. Mike Gingles as Vice President Corporate Development.
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