PRECIOUS METALS

Endeavour Silver's production tracks ahead of plan

Endeavour Silver's production for first half of 2022 tracks ahead of guidance

Endeavour Silver's production tracks ahead of plan

In Q2, Endeavour's silver-equivalent production was 2.1 million ounces, which took the January-June volume to 4.1 million AgEq oz, against 2022 guidance of 6.7 million-7.6 million oz.

The Q2 production consisted of 1.34 million Ag oz and 9,289 Au oz.

"Amid ongoing turmoil in the markets due to supply constraints, continued inflation concerns, and uncertainty from the raising of interest rates from historical lows, we had another solid quarter of production," Endeavour's CEO Dan Dickson said.

"Despite the current macro trends, the company and precious metals outlook remains optimistic. Given our positive view for short-term precious metal prices, we are comfortable holding back bullion inventory over the quarter for future sale," he said.

The Canada-based company operates two high-grade underground silver-gold mines in Mexico: Guanacevi and Bolanitos.

The company's share price was C$4.07 (US$3.14) on July 10, giving it a market capitalization of C$736.88 million.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.