ASM:CC - Avino Boosts Q2 Silver Production Gold Holds Steady and Copper Slips
2024-07-17 12:30:00 ET
Mexican miner Avino Silver & Gold ( TSX : ASM ,NYSEAMERICAN:ASM) reported a year-over-year increase in silver production in its second quarter results for 2024.
The company reported a total production of 616,571 silver equivalent ounces from its Avino and La Preciosa mines in Mexico, marking a 5 percent increase compared to the same quarter in 2023. Likewise, silver production saw a 26 percent hike to a figure of 292,946 ounces of silver.
In contrast, copper production was down 10 percent year-over-year, with 1.3 million pounds produced. Gold production remained steady at 1,514 ounces, while mill throughput decreased by 10 percent to 140,934 dry metric tons.
The Avino operations processed 130,983 metric tons of material, from which it produced 262,861 ounces of silver, 1,456 ounces of gold and 1.3 million pounds of copper.
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Avino Boosts Q2 Silver Production, Gold Holds Steady and Copper Slips