Endeavour Silver: Second-Quarter Output Up From Year Ago
(Kitco News) - Endeavour Silver Corp. (TSX: EDR, NYSE: EXK) reports that consolidated production at its three silver-gold mines in Mexico rose during the second quarter. Silver output was up 19% to 1,355,895 ounces, compared to 1,143,788 ounces a year ago. Gold production rose 5% to 13,674 ounces from 13,058 a year ago. Bradford Cooke, chief executive officer, says “we are on track to meet our guidance of higher production and lower costs in 2018 thanks to improved operating performance at the El Cubo and the development of our fourth mine at El Compas.” The company lists silver-equivalent production of 2.4 million ounces using a 75:1 silver-gold ratio.