Coeur Announces Commercial Production at Silvertip Mine
Coeur Mining's (NYSE:CDE) Silvertip silver-zinc–lead project has begun commercial production, prompting the miner to update its full-year guidance, the company announced on Tuesday (September 4). Couer purchased the mine, which is located in northern British Columbia, in October of last year with initial production beginning in March 2018. “[O]ur team has been focused on optimizing plant performance and on upgrading the mine's infrastructure. We continue to be excited about the impact Silvertip is expected to have on our production, margins and cash flow beginning next year,” said Mitchell J. Krebs, president and CEO. Will Silver Go Up This Year? [...]