“Coeur began 2024 with solid first quarter production in a catalyst-rich year for the Company,” said Mitchell J. Krebs, President and Chief Executive Officer. “This strong start, highlighted by the achievement of commercial production at Rochester at the end of the first quarter, puts us in a great position to achieve full-year 2024 guidance and begin generating positive free cash flow in the second half of the year.”
Dr. Craig Gibson commented: “My position as President and CEO was intended to be temporary during Prismo’s startup, as my strength has always been advancing projects through exploration work. I think this is the time to make the change, and I welcome Steve and Alain to their new positions.”
“I am pleased to welcome Natasha Frakes to the Empress team as Vice President Investor Relations, ” stated Alexandra Woodyer Sherron, CEO & President of Empress Royalty. “We are excited to leverage Natasha’s extensive experience in public communications and her proven ability to foster strong relationships with investors while also leading effective marketing programs.”
The Cosalá Operations produced approximately 295,000 ounces of silver, 2.8 million pounds of lead and 8.0 million pounds of zinc in Q1-2024, compared with approximately 265,000 ounces of silver, 2.7 million pounds of lead and 7.2 million pounds of zinc in Q1-2023. Silver and zinc production increased by over 10% year-over-year while lead production was essentially unchanged.
“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.”
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.
Check the Mining State Panoramas
The promotion and dissemination as essential elements to understand and disseminate our Mineral resources, that is why today it is pleased to make the document “Mining Panorama” available to society, by state.
GeoInfoMex, is the consultation system of the Mexican Geological Service that allows users to know geoscientific information and make decisions with savings in time and resources, helping to promote mining activity.
The DOF is the organ of the Constitutional Government of the United Mexican States, which has the function of publishing in the national territory, to so that they are properly observed and applied in their respective areas of competence.
Learn about the current situation of the mining industry as well as the activities carried out by Camimex.
Mexico Mining Center © 2021 / All Rights Reserved
