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Endeavour Silver

31 08, 2018

Endeavour Silver Updates PFS for Terronera Mine Project

By |2018-08-31T04:11:02+00:00August 31st, 2018|Coin Shop Blog|Comments Off on Endeavour Silver Updates PFS for Terronera Mine Project

Endeavour Silver (TSX:EDR,NYSE:EXK) has completed an updated prefeasibility study (PFS) for its Terronera mine project in Mexico, the company announced on Thursday (August 30). According to Endeavour, the updated PFS shows significantly higher revenues, free cash flow, mine life and net present value (NPV) with significantly lower cash costs and all-in sustaining costs per silver ounce. “Our efforts to optimize the Terronera mine project have resulted in significantly improved operating parameters and financial returns for this high grade, district scale exploration and mining project,” stated Bradford Cook, CEO. Will Silver Go Up This Year?     Find out why in [...]

30 08, 2018

Endeavour Silver Takes on Cost-cutting Initiatives

By |2018-08-30T04:16:50+00:00August 30th, 2018|Coin Shop Blog|Comments Off on Endeavour Silver Takes on Cost-cutting Initiatives

Endeavour Silver (TSX:EDR) has put several measures in place in order to reduce capital, operating and other costs in Canada and Mexico following a price drop in precious metals, the company announced on Wednesday (August 29). The reduced costs from revised exploration, development and mining plans are expected to boost production and reduce operating and capital costs throughout the company's fourth quarter. “Enhanced cost discipline is the prudent course of action for mining companies during times of lower metal prices, especially when investing to develop new mines. This austerity program is our proactive response to the current low metal prices,” [...]

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