Mexico-based silver miner Fresnillo declared a record quarterly attributable silver output of 9.6 million ounces, up 6.7% from last year, and said it remains confident of achieving its full year 2009 production target levels. Chief executive Jaime Lomelín stated: Despite the current economic climate, volatile commodities prices and several challenges presented during this year, the [...]
Latin American gold and silver producer Hochschild Mining declared that its unit costs were due to slip this year and reiterated its full year output target. For full story, click here
Due in part to a flailing economy, Silver Creek Homes, Inc., one of Henrietta’s leading manufacturing companies, has reached the end of its assembly line, closing down output for good. For full story, click here
Although silver experienced a strong run during the first quarter, Fortis Bank/VM Group announced that the silver price appears to still be in something of a no-man’s land. For full story, click here
Peruvian miner Buenaventura declared that it expects its gold and silver output to surge this year despite lower global metal prices. For full story, click here
Fortuna Silver Mines Inc. revealed its production figures for first quarter 2009. For full story, click here
Fresnillo Plc, the world’s leading silver producer announced first-quarter output surged 9.1 percent and this year’s total will increase compared with 2008. For full story, click here
A strike over profit-sharing has forced UK-listed miner Hochschild Mining’s to suspend production and development at four silver mines in Peru. For full story, click here
Peru, a leading global metals exporter, increased production of silver in January over the same month a year ago, despite softer mineral prices. For more information, click here
Silver production in Hindustan Zinc is likely to reach 500 tonnes by 2013 with the expansion of Sindesar Khurd mine in Rajasthan. The company expects to register an output of 100 tonnes in the financial year 2008-09. For more information, click here
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