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10 08, 2018

Pan American Silver’s Adjusted Earnings Rise in Q2

By |2018-08-10T04:31:32+00:00August 10th, 2018|Coin Shop Blog|Comments Off on Pan American Silver’s Adjusted Earnings Rise in Q2

Pan American Silver (TSX:PAAS,NASDAQ:PAAS), the world's second-largest primary silver producer, garnered adjusted earnings of US$35.4 million in Q2, the company said on Wednesday (August 8). The company's earnings were up from US$22.3 million this time last year, while net earnings were US$36.7 million compared to US$36 million during the same quarter in 2017. “Our operations continue to generate robust cash flow with mine-operating earnings up 22 percent compared with the same quarter last year,” said Michael Steinmann, president and CEO. Will Silver Go Up This Year?     Find out why in your free report.   Get My Free Report “We [...]

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26 07, 2018

Fresnillo’s Silver Production Rises in Q2

By |2018-07-26T04:19:27+00:00July 26th, 2018|Coin Shop Blog|Comments Off on Fresnillo’s Silver Production Rises in Q2

The world's largest silver producer Fresnillo's (LSE:FRES) second quarter silver production jumped 5.7 percent year-on-year and 1.6 quarter-on-quarter, thanks to higher volume of ore processed at Saucito and the higher grades at Ciénega and San Julián mines, the company reported on Wednesday (July 25). The Mexican-based company currently has seven mines in operation, which has allowed the company to produce 15.34-million ounces of the precious metal in the second quarter, taking half-year output to 30.76-million ounces. “I am pleased to report a robust production performance in the first half. In line with our strategy, we continue to actively manage and [...]

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