Great Panther Silver Reports Fiscal Year 2017 Financial Results

Great Panther Silver Limited – News

GREAT PANTHER SILVER LIMITED (TSX: GPR) (NYSE American: GPL) (“Great Panther”; or the “Company”) today reported financial results for the Company’s year ended December 31, 2017.  The full version of the Company’s consolidated financial statements and Management’s Discussion and Analysis (“MD&A”) can be viewed on the Company’s website at or SEDAR at  All financial information is prepared in accordance with IFRS, except as noted in the Non-GAAP Measures section of the MD&A.  All dollar amounts are expressed in US dollars (“USD”), unless otherwise noted.

Fortuna Silver Mines reports 2017 production of 11.9 million silver equivalent ounces and issues guidance for 2018

News _ Fortuna Silver Mines Inc

Vancouver, January 17, 2018Fortuna Silver Mines, Inc. (NYSE: FSM) (TSX: FVI)is pleased to announce 2017 production figures from its two underground operating silver mines, the San Jose Mine in Mexico and the Caylloma Mine in Peru.  The company produced 8.5 million ounces of silver and 56.4 thousand ounces of gold or 11.9 million AgEq1 ounces.

2017 Consolidated Production Highlights

  • Silver and gold production were 4 % and 8 % respectively above 2017 guidance
  • Silver production of 8,469,593 ounces; 15 % increase over 2016
  • Gold production of 56,441 ounces; 21 % increase over 2016
  • Zinc production of  44,347,035 pounds; 3 % increase over 2016
  • Lead production of 29,877,890 pounds;  9 % decrease over 2016

Note: 1. Silver equivalent is calculated using silver to gold ratio of 60 to 1

Afianza México primer lugar en plata

En 2015 y por sexto año consecutivo, México se colocó como el líder en la producción mundial de plata, seguido por China y Perú, de acuerdo con la Cámara Minera de México (Camimex).

Según su Informe Anual 2016 y con base en la información de Inegi, en 2015 la producción minera de plata en México ascendió a 191.5 millones de onzas, 3.3 por ciento más que la correspondiente a 2014, cuando llegó a 185.1 millones de onzas.

México, principal productor de plata en el mundo: Camimex

Durante 2015 la producción minera de plata en México ascendió a 191.5 millones de onzas, es decir, 3.3 por ciento más que la correspondiente a 2014, y por sexto año consecutivo nuestra nación fue el principal productor de este metal precioso en el mundo, seguido por China y Perú.

Lo anterior es según datos revelados por la Cámara Minera de México (Camimex), la cual destacó que “por empresa, Fresnillo plc es el productor nacional más importante y también de plata primaria a nivel mundial; le sigue Goldcorp y Pan American Silver. Estas tres empresas aportaron el 42.6 por ciento de la producción total nacional”.

Sierra Metals fortifies management team with the appointment of Alonso Lujan as Vice President Exploration

TORONTO, Sept. 14, 2016 /CNW/ – Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (“Sierra Metals” or “the Company”) is extremely pleased to announce that the Company has appointed Mr. Alonso Lujan as Vice President Exploration effective immediately.

Mr. Lujan is a Geological and Mining Engineer with over 26 years international experience in mineral exploration with a positive track record for increasing companies’ resources, output and company value.  Mr. Lujan most recently spent 6 years with Mata-Trafigura as the General Manger having been promoted from Exploration and Operations Manager.  While there he oversaw the discovery and commissioning of the Magdelana Project with potential for 50 million tonnes within 2 years and helped to double production as well as optimize and reduced costs.  Prior to that he worked with Hochschild Mining for 5 years and Minas de Bacis SA de CV for 14 years where he helped to also increase resources, increase output and reduce costs.

Pan American Silver Achieves Milestones at Mine Expansions in Mexico

VANCOUVER, Sept. 8, 2016 /CNW/ – Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAA) (the “Company”, or “Pan American”) today announced that it has achieved important milestones at its two mine expansion projects currently underway in Mexico. At the Company’s La Colorada mine, the new 618-metre deep shaft was commissioned in fully automatic mode in early September, ahead of schedule. The shaft was constructed with a world-class safety performance of zero lost-time accidents incurred and using industry-leading raise boring and shaft automation technologies. The work remaining to complete the La Colorada expansion project includes a new filter plant, power line and underground development. The project is now expected to be completed approximately 5 to 10 percent under budget.

At the Company’s Dolores mine, the new 98 kilometre, 115 kV power line that connects the mine to the national power grid was energized in early September. The new power line was completed on budget and is expected to result in annual savings of about $9 million.

Invertirán 854 MDD En Proyectos Para Extraer Plata

Ciudad de México – Pese al descenso en la exploración para el desarrollo de minas de plata provocado por los bajos precios del metal, la inversión prevista para este y el próximo año en nuevos proyectos es superior a 854 millones de dólares, anticipó la Cámara Minera de México (Camimex).

En 2015 la fortaleza del dólar fue la principal influencia en el precio de la plata, con un precio promedio de 15.7 dólares la onza; sin embargo, el alza en las tasas de interés anunciada por la Reserva Federal de Estados Unidos provocó que de un nivel máximo en enero de 18.2 dólares por onza, en diciembre se ubicara en un mínimo de 13.7 dólares.

Por sexto año consecutivo México se colocó en 2015 como el principal productor de plata en el mundo, seguido de China y Perú, con una extracción de 191.5 millones de onzas, 3.3 por ciento más que en 2014.

Fortuna reports consolidated financial results for the second quarter 2016

Vancouver, August 8, 2016– Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) today reported cashflow from operations of $12.7 million, revenue of $44.5 million, and a net loss of $1.4 million in the second quarter of 2016. Jorge A. Ganoza, President and CEO, commented, “We have had a strong operational and financial quarter with solid performance for the first half of the year. With San Jose now in commercial operation at 3,000 tpd, and capital requirements at our existing mines reduced significantly, we are poised to capitalize from the recovery in metal prices.” Mr. Ganoza continued, “The Company is now focused on advancing the recently acquired Lindero Gold Project into construction in 2017 with commercial production expected by the second half of 2018″