Coeur Mining reports Q3 2017 silver production and sales results
2017-10-09 08:53:36 [Print]
BEIJING (Asian Metal) 9 Oct 17 - On October 5, Australian-based Coeur Mining, Inc. announced third quarter silver production of 4.0 million ounces. Silver sales in the quarter totaled 3.8 million ounces.
At Palmarejo, Mexico, silver output reached 1.91 million ounces; silver sales of 1.80 million ounces. Palmarejo's full-year production guidance of 6.5-7.0 million silver ounces remains unchanged.
At Rochester, Nevada, silver production totaled 1.07 million ounces, while silver sales were 1.05 million ounces. The Company is maintaining Rochester's full-year production guidance of 4.2-4.7 million silver ounces.
Silver production and sales at Wharf, South Dakota, were 15,000 ounces and 14,000 ounces respectively.
At San Bartolome, Bolivia, silver production decreased 26% to 0.96 million silver ounces primarily due to worsening drought conditions in the Potosi region of Bolivia, which hindered mill operations. Silver sales totaled 0.95 million ounces. The Company is lowering San Bartolome's full-year production guidance to 4.5-4.75 million ounces of silver from 5.0-5.4 million ounces.
At Palmarejo, Mexico, silver output reached 1.91 million ounces; silver sales of 1.80 million ounces. Palmarejo's full-year production guidance of 6.5-7.0 million silver ounces remains unchanged.
At Rochester, Nevada, silver production totaled 1.07 million ounces, while silver sales were 1.05 million ounces. The Company is maintaining Rochester's full-year production guidance of 4.2-4.7 million silver ounces.
Silver production and sales at Wharf, South Dakota, were 15,000 ounces and 14,000 ounces respectively.
At San Bartolome, Bolivia, silver production decreased 26% to 0.96 million silver ounces primarily due to worsening drought conditions in the Potosi region of Bolivia, which hindered mill operations. Silver sales totaled 0.95 million ounces. The Company is lowering San Bartolome's full-year production guidance to 4.5-4.75 million ounces of silver from 5.0-5.4 million ounces.
