GPL - Great Panther Mining slides on 14% lower gold production in Q1

Great Panther Mining (GPL) reports Q1 2021 metal production of 30,556 gold equivalent ounces (-12% Y/Y).It includes: Gold production, 24,978 ounces (-14% Y/Y); and silver, 360,070 ounces (-4% Y/Y).The company says its operation are on track to meet its already disclosed guidance of 135,000 to 150,000 gold equivalent ounces in 2021.Tucano produced 22,996 gold ounces, a decrease of 12% compared to Q1 2020, primarily due to lower ore production in the mine and reduced process plant availability and lower grades, report. The company further notifies that due to oxygen supply chain issues amid COVID-19, mining activities at Brazilo's Tucano mine continue to be uninterrupted.Topia produced 363,318 silver equivalent ounces (-3% Y/Y) with higher grades and recovery rates for gold and silver offset by a decrease in production attributed to the change in metal equivalency ratios for lead and zinc.Guanajuato produced 279,306 silver equivalent ounces (-29% Y/Y) primarily reflecting workforce shortages related to COVID-19.Great Panther

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Great Panther Mining slides on 14% lower gold production in Q1