Core Viewpoint - Andean Precious Metals Corp. reported its second quarter operational results for 2025, indicating a strong production performance and confidence in meeting full-year production guidance [1][2]. Operational Performance - The company produced 24,341 gold equivalent ounces in Q2 2025, totaling 45,702 ounces for the first half of the year, with production expected to improve in the second half [2][3]. - The consolidated production results for Q2 2025 compared to Q2 2024 show a decrease in gold ounces produced from 15,309 to 11,945 ounces, while silver production slightly decreased from 1,208 k-oz to 1,116 k-oz [5]. - The production guidance for 2025 is set at 41,160 to 46,880 gold equivalent ounces, with a weighted production profile of approximately 40% in the first half and 60% in the second half [3][4]. Production Breakdown - Golden Queen mine produced 11,224 gold ounces and 89 k-oz of silver in Q2 2025, down from 15,035 gold ounces and 157 k-oz of silver in Q2 2024 [6]. - San Bartolome mine showed an increase in gold production from 274 ounces in Q2 2024 to 721 ounces in Q2 2025, with silver production remaining relatively stable [7]. Future Outlook - The company anticipates further ramp-up in production at both operations in the second half of 2025, aligning with its mine plans [2]. - A conference call to discuss the second quarter financial results is scheduled for August 13, 2025 [1][8]. Company Overview - Andean Precious Metals is focused on expanding its operations in top-tier jurisdictions in the Americas, owning the San Bartolomé processing facility in Bolivia and the Golden Queen mine in California [9]. - The company is well-funded to pursue future growth opportunities and is committed to safe and sustainable operations [9].
Andean Precious Metals Reports Second Quarter Operational Results
Newsfile·2025-07-17 20:30