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Endeavour Silver’s Terronera mine achieves commercial production in Mexico
Yahoo Finance· 2025-10-17 08:48
Core Insights - Endeavour Silver's Terronera mine in Jalisco, Mexico, has achieved commercial production status, marking a significant milestone for the company [1][2] - The mine has been operational for 100 days with only eight days of downtime, maintaining strong metal recoveries since mid-August [2] - The company anticipates a throughput of approximately 360,000 tonnes over the next six months, with projected average grades of 122 grams per tonne (g/t) silver and 2.52 g/t gold [3] Production and Operations - The Terronera mine surpassed an average of 90% of its designed capacity of 2,000 tonnes per day during the commissioning phase [1] - The operations achieved at least 90% of the anticipated metal recoveries, indicating efficient processing [1] - Access to higher-grade zones is expected by mid-2026, which may further enhance production capabilities [3] Future Outlook - The management plans to announce annualized production and cost guidance for the Terronera mine in January 2026 [4] - Endeavour Silver operates four active mines in Mexico and Peru and has a portfolio of exploration projects across Mexico, Chile, and the US [4] - The company completed the acquisition of Compañia Minera Kolpa and its primary asset, the Huachocolpa Uno Mine, in Peru for $145 million (C$200.2 million) in May [4]