Andean Precious Metals Reports Second Quarter Operational Results
Andean Precious Metals (OTCQX: ANPMF) reported its Q2 2025 operational results, achieving 24,341 gold equivalent ounces production, bringing H1 2025 total to 45,702 ounces. The company operates two mines: Golden Queen produced 12,213 gold equivalent ounces, while San Bartolome contributed 12,128 gold equivalent ounces.
Production improved over Q1 2025, with the company trending at the top end of guidance. The production profile is weighted approximately 40% in H1 and 60% in H2. Management expects further ramp-up at both operations in the second half, aligned with mine plans. Financial results will be released on August 12, 2025.
Andean Precious Metals (OTCQX: ANPMF) ha comunicato i risultati operativi del secondo trimestre 2025, raggiungendo una produzione di 24.341 once equivalenti d'oro, portando il totale del primo semestre 2025 a 45.702 once. L'azienda gestisce due miniere: Golden Queen ha prodotto 12.213 once equivalenti d'oro, mentre San Bartolome ha contribuito con 12.128 once equivalenti d'oro.
La produzione è migliorata rispetto al primo trimestre 2025, con l'azienda che si posiziona nella fascia alta delle previsioni. Il profilo produttivo è distribuito approssimativamente per 40% nel primo semestre e 60% nel secondo semestre. La direzione prevede un ulteriore incremento in entrambe le operazioni nella seconda metà dell'anno, in linea con i piani delle miniere. I risultati finanziari saranno pubblicati il 12 agosto 2025.
Andean Precious Metals (OTCQX: ANPMF) informó sus resultados operativos del segundo trimestre de 2025, alcanzando una producción de 24,341 onzas equivalentes de oro, sumando un total de 45,702 onzas en el primer semestre de 2025. La compañía opera dos minas: Golden Queen produjo 12,213 onzas equivalentes de oro, mientras que San Bartolome aportó 12,128 onzas equivalentes de oro.
La producción mejoró respecto al primer trimestre de 2025, situándose la compañía en el extremo superior de sus previsiones. El perfil de producción se distribuye aproximadamente en un 40% en el primer semestre y 60% en el segundo semestre. La dirección espera un mayor aumento en ambas operaciones durante la segunda mitad del año, conforme a los planes mineros. Los resultados financieros se publicarán el 12 de agosto de 2025.
Andean Precious Metals (OTCQX: ANPMF)는 2025년 2분기 운영 실적을 발표하며 24,341 온스 골드 등가 생산량을 기록했으며, 2025년 상반기 총 생산량은 45,702 온스에 달했습니다. 회사는 두 개의 광산을 운영 중이며, Golden Queen 광산은 12,213 온스 골드 등가를, San Bartolome 광산은 12,128 온스 골드 등가를 생산했습니다.
생산량은 2025년 1분기 대비 개선되었으며, 회사는 가이던스 상단에 위치해 있습니다. 생산 비중은 약 상반기 40%, 하반기 60%로 배분되어 있습니다. 경영진은 두 광산 모두 하반기에 추가 생산 증가를 기대하고 있으며, 이는 광산 계획과 일치합니다. 재무 결과는 2025년 8월 12일에 발표될 예정입니다.
Andean Precious Metals (OTCQX : ANPMF) a communiqué ses résultats opérationnels du deuxième trimestre 2025, atteignant une production de 24 341 onces équivalent or, portant le total du premier semestre 2025 à 45 702 onces. La société exploite deux mines : Golden Queen a produit 12 213 onces équivalent or, tandis que San Bartolome a contribué pour 12 128 onces équivalent or.
La production s’est améliorée par rapport au premier trimestre 2025, avec la société se situant dans la partie haute de ses prévisions. Le profil de production est réparti approximativement à 40 % au premier semestre et 60 % au second semestre. La direction prévoit une montée en puissance supplémentaire dans les deux opérations au second semestre, conformément aux plans des mines. Les résultats financiers seront publiés le 12 août 2025.
Andean Precious Metals (OTCQX: ANPMF) meldete seine operativen Ergebnisse für das zweite Quartal 2025 und erreichte eine Produktion von 24.341 Goldäquivalent-Unzen, womit die Gesamtproduktion für das erste Halbjahr 2025 bei 45.702 Unzen liegt. Das Unternehmen betreibt zwei Minen: Golden Queen produzierte 12.213 Goldäquivalent-Unzen, während San Bartolome 12.128 Goldäquivalent-Unzen beisteuerte.
Die Produktion verbesserte sich gegenüber dem ersten Quartal 2025, wobei das Unternehmen am oberen Ende der Prognose liegt. Das Produktionsprofil verteilt sich etwa auf 40 % im ersten Halbjahr und 60 % im zweiten Halbjahr. Das Management erwartet in der zweiten Jahreshälfte eine weitere Steigerung in beiden Betrieben, entsprechend den Minenplänen. Die Finanzergebnisse werden am 12. August 2025 veröffentlicht.
- Production trending at top end of guidance range
- Q2 2025 production improved compared to Q1 2025
- On track to achieve full-year consolidated production targets
- Balanced production between Golden Queen (12,213 oz) and San Bartolome (12,128 oz)
- Q2 2025 gold production of 11,945 oz decreased from 15,309 oz in Q2 2024
- Total gold equivalent production declined to 24,341 oz from 30,340 oz in Q2 2024
- Gold sales decreased to 11,403 oz from 15,679 oz year-over-year
ON TRACK TO ACHIEVE FULL-YEAR CONSOLIDATED PRODUCTION GUIDANCE
Toronto, Ontario--(Newsfile Corp. - July 17, 2025) - Andean Precious Metals Corp. (TSX: APM) (OTCQX: ANPMF)("Andean" or the "Company") is pleased to report its second quarter operational results for the quarter ended June 30, 2025. The Company is also providing notice that it will release its second quarter 2025 financial results after market close on Tuesday, August 12, 2025. The Company will host its second quarter 2025 earnings conference call and webcast on Wednesday, August 13, 2025, at 9:00 am Eastern Time.
Alberto Morales, Executive Chairman and CEO, stated: "Our second quarter gold equivalent production of 24,341 ounces brings the Company to 45,702 gold equivalent ounces for the first half of the year. As expected, production improved over Q1, and the Company is trending at the top end of our guidance considering the weighted production profile of approximately
| OPERATIONAL PERFORMANCE | Q2 2025 | H1'2025 | Guidance Range ( | |
Consolidated | ||||
| Gold ounces produced (Au, oz) | 11,945 | 23,024 | 20,920 - 22,880 | |
| Silver ounces produced (Ag, k-oz) | 1,116 | 2,041 | 1,840 - 2,160 | |
| Gold equivalent ounces produced (Au, oz) 1 | 24,341 | 45,702 | 41,160 - 46,880 | |
| Golden Queen | ||||
| Gold ounces produced (Au, oz) | 11,224 | 21,533 | 20,200 - 22,000 | |
| Silver ounces produced (Ag, k-oz) | 89 | 168 | 80 - 200 | |
| Gold equivalent ounces produced (Au, oz) 1 | 12,213 | 23,402 | 20,880 - 24,240 | |
| San Bartolome | ||||
| Gold ounces produced (Au, oz) | 721 | 1,491 | 720 - 880 | |
| Silver ounces produced (Ag, k-oz) | 1,027 | 1,873 | 1,760 - 1,960 | |
| Gold equivalent ounces produced (Au, oz) 1 | 12,128 | 22,300 | 20,280 - 22,640 |
(1) Beginning in 2025, gold equivalent ounces of silver produced or sold in a quarter are computed using a consistent ratio of silver price to the gold price and multiplying this ratio by silver ounces produced or sold during that quarter. The Company is using a conversion factor of 90 using a price assumption of
(2) Refer to Q1 2025 Production news release dated April 15, 2025 for further disclosure on 40/60 split for the Company's 2025 production guidance
| OPERATIONAL RESULTS | Q2 2025 | Q2 2024 | |
Consolidated | |||
| Gold ounces produced (Au, oz) | 11,945 | 15,309 | |
| Silver ounces produced (Ag, k-oz) | 1,116 | 1,208 | |
| Gold equivalent ounces produced (Au, oz) 1 | 24,341 | 30,340 | |
| Gold ounces sold (Au, oz) | 11,403 | 15,679 | |
| Silver ounces sold (Ag, k-oz) | 1,046 | 1,210 | |
| Gold equivalent ounces sold (Au, oz) 1 | 23,024 | 30,741 | |
| Golden Queen | |||
| Gold ounces produced (Au, oz) | 11,224 | 15,035 | |
| Silver ounces produced (Ag, k-oz) | 89 | 157 | |
| Gold equivalent ounces produced (Au, oz) 1 | 12,213 | 16,986 | |
| Gold ounces sold (Au, oz) | 10,871 | 15,441 | |
| Silver ounces sold (Ag, k-oz) | 87 | 153 | |
| Gold equivalent ounces sold (Au, oz) 1 | 11,842 | 17,348 | |
| San Bartolome | |||
| Gold ounces produced (Au, oz) | 721 | 274 | |
| Silver ounces produced (Ag, k-oz) | 1,027 | 1,051 | |
| Gold equivalent ounces produced (Au, oz) 1 | 12,128 | 13,354 | |
| Gold ounces sold (Au, oz) | 532 | 238 | |
| Silver ounces sold (Ag, k-oz) | 958 | 1,057 | |
| Gold equivalent ounces sold (Au, oz) 1 | 11,182 | 13,393 |
(1) Beginning in 2025, gold equivalent ounces of silver produced or sold in a quarter are computed using a consistent ratio of silver price to the gold price and multiplying this ratio by silver ounces produced or sold during that quarter. The Company is using a conversion factor of 90 using a price assumption of
Q2 2025 Conference Call and Webcast
Wednesday, August 13, at 9:00 AM ET
Participants may listen to the webcast by registering via the following link https://www.gowebcasting.com/14129
Participants may also listen to the conference call by calling North American toll free 1-833-821-0164, or 1-647-846-2305 outside the U.S. or Canada.
An archived reply of the webcast will be available for 90 days at: https://www.gowebcasting.com/14129 or the Company website at www.andeanpm.com.
About Andean Precious Metals
Andean is a growing precious metals producer focused on expanding into top-tier jurisdictions in the Americas. The Company owns and operates the San Bartolomé processing facility in Potosí, Bolivia and the Golden Queen mine in Kern County, California, and is well-funded to act on future growth opportunities. Andean's leadership team is committed to creating value; fostering safe, sustainable and responsible operations; and achieving our ambition to be a multi-asset, mid-tier precious metals producer.
For more information, please contact:
Amanda Mallough
Director, Investor Relations
amallough@andeanpm.com
T: +1 647 463 7808
Caution Regarding Forward-Looking Statements
Certain statements and information in this release constitute "forward-looking statements" within the meaning of applicable U.S. securities laws and "forward-looking information" within the meaning of applicable Canadian securities laws, which we refer to collectively as "forward-looking statements". Forward-looking statements are statements and information regarding possible events, conditions or results of operations that are based upon assumptions about future economic conditions and courses of action. All statements and information other than statements of historical fact may be forward-looking statements. In some cases, forward-looking statements can be identified by the use of words such as "seek", "expect", "anticipate", "budget", "plan", "estimate", "continue", "forecast", "intend", "believe", "predict", "potential", "target", "may", "could", "would", "might", "will" and similar words or phrases (including negative variations) suggesting future outcomes or statements regarding an outlook.
Forward-looking statements in this release include, but are not limited to, statements and information regarding the Company's production, expectations for 2025 and the Company's release of its second quarter 2025 financial results. Such forward-looking statements are based on a number of material factors and assumptions, including, but not limited to: the Company's ability to carry on exploration and development activities; the Company's ability to secure and to meet obligations under property and option agreements and other material agreements; the timely receipt of required approvals and permits; that there is no material adverse change affecting the Company or its properties; that contracted parties provide goods or services in a timely manner; that no unusual geological or technical problems occur; that plant and equipment function as anticipated and that there is no material adverse change in the price of silver, price of gold, costs associated with production or recovery. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to differ materially from those anticipated in such forward-looking statements. The Company believes the expectations reflected in such forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct, and you are cautioned not to place undue reliance on forward-looking statements contained herein.
Some of the risks and other factors which could cause actual results to differ materially from those expressed in the forward-looking statements contained in this release include, but are not limited to: risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits and conclusions of economic evaluations; results of initial feasibility, pre-feasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks relating to possible variations in reserves, resources, grade, planned mining dilution and ore loss, or recovery rates and changes in project parameters as plans continue to be refined; mining and development risks, including risks related to accidents, equipment breakdowns, labour disputes (including work stoppages and strikes) or other unanticipated difficulties with or interruptions in exploration and development; the potential for delays in exploration or development activities or the completion of feasibility studies; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; risks related to commodity price and foreign exchange rate fluctuations; the uncertainty of profitability based upon the cyclical nature of the industry in which the Company operates; risks related to failure to obtain adequate financing on a timely basis and on acceptable terms or delays in obtaining governmental or local community approvals or in the completion of development or construction activities; risks related to environmental regulation and liability; political and regulatory risks associated with mining and exploration; risks related to the uncertain global economic environment; and other factors contained in the section entitled "Risk Factors" in the Company's MD&A for the three months ended March 31, 2025.
Although the Company has attempted to identify important factors that could cause actual results or events to differ materially from those described in the forward-looking statements, you are cautioned that this list is not exhaustive and there may be other factors that the Company has not identified. Furthermore, the Company undertakes no obligation to update or revise any forward-looking statements included in this release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/259144
FAQ
What was Andean Precious Metals (ANPMF) gold equivalent production in Q2 2025?
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