Fortuna Silver Mines Inc. (TSX:FVI,NYSE:FSM) announced 2015 production results from its two operating mines, San Jose in Mexico and Caylloma in Peru. In all, the company put out 6.6 million ounces of silver and 39,700 ounces of gold during the period.
Highlights include:
- Silver and gold production were 2 % and 13 % respectively above 2015 production guidance
- Silver production of 6,624,635 ounces; 0.4 % increase over 2014
- Gold production of 39,689 ounces; 12 % increase over 2014
- Zinc production of 35,828,558 pounds; 31 % increase over 2014
- Lead production of 23,834,964 pounds; 48 % increase over 2014
Jorge A. Ganoza, president and CEO of Fortuna, commented:
We once again exceeded annual production guidance and continue to provide year-over-year growth into 2016. I want to highlight that our silver and gold production growth comes with industry leading low costs. This, added to the strength of our balance sheet, positions the company to continue thriving through the phases of the metals cycle.
Click here to read the full Fortuna Silver Mines Inc. (TSX:FVI,NYSE:FSM) press release.
 |
Get Our Expert Guide to Silver Investing FREE!Download this FREE Special Report, When Will Silver Go Up: Is the Highest Price of Silver Still to Come? |
The post Fortuna Beats Silver, Gold Production Guidance for 2015 appeared first on Investing News Network.
Leave A Comment
You must be logged in to post a comment.