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Showing posts with the label Endeavour Silver

Endeavour market offering!

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  Endeavour silver market offering of US$60mn Endeavour Silver announces it has entered into a sales agreement with BMO Capital Market, pursuant to which the Company may, at its discretion and from time-to-time during the 20 month term of the Sales Agreement, sell, through the Agents.  such number of common shares of the Company as would result in aggregate gross proceeds to the Company of up to US$60 million.   Endeavour Silver Corp. is a mid-tier precious metals mining company that owns and operates three high-grade, underground, silver-gold mines in Mexico.  Endeavour is currently advancing the Terronera mine project towards a development decision and exploring its portfolio of exploration and development projects in Mexico and Chile to facilitate its goal to become a premier senior silver producer.  Our philosophy of corporate social integrity creates value for all stakeholders.

Endeavour Produces 942274 oz Silver

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  Endeavour Silver Q3, 2020!   Endeavour Silver Produces 942,274 oz Silver and 10,260 oz Gold (1.8 Million oz Silver Eq.) in Third Quarter, 2020. By giving details, Endeavour Silver reports production of 942,274 silver ounces (oz) and 10,260 gold oz in Q3, 2020, for silver equivalent production of 1.8 million oz at 80:1 silver: gold ratio, bringing the year to date production total to 4.4 million AgEq oz. Endeavour operates three high grade, underground, silver-gold mines in Mexico; Guanacevi in Durango state, Bolanitos in Guanajuato state and El Compas in Zacatecas state. Production returned to plan in Q3, notwithstanding a heavy rain season, after a two month shut down in Q2 following a government mandated suspension of mining operations due to Covid-19.   Bradford Cooke, Endeavour CEO, commented, “After riding out a challenging Q2 with our mining operations suspended for more than half the quarter, due to the government Covid-19 mandate, our operations team were able to deliver a

Endeavour improved by 7% YoY

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5.5mn oz Silver and 52967oz gold Produced by Endeavour in 2018 Endeavour Silver Corporation reports 2018 consolidated production of 5.5 million ounces (oz) silver and 52,967 oz gold, for silver equivalent production of 9.5 million oz at 75:1 silver: gold ratio. Silver production in the Fourth Quarter, 2018 was 1,386,505 oz and gold production was 13,117 oz, for silver equivalent production of 2.4 million oz. Endeavour owns and operates three silver mines in Mexico, the Guanaceví mine in Durango State and the Bolañitos and El Cubo mines in Guanajuato state.   Production from the three mines was higher in 2018 compared to 2017 but fell short of the Company’s 2018 production guidance. The 7% improved production performance in 2018 compared to 2017 was due to higher mine output, silver and gold grades and recoveries at the El Cubo mine.   The 7% production shortfall in 2018 compared to guidance was due to lower mine output and silver grades at Guanaceví, lower gold gra