Welcome to our dedicated page for Endeavour Sil news (Ticker: EXK), a resource for investors and traders seeking the latest updates and insights on Endeavour Sil stock.
Endeavour Silver Corp. reports developments as a mid-tier silver producer with operating underground mines in Mexico and Peru. Company updates commonly cover production and financial results for the Terronera, Guanaceví and Kolpa mines, silver and gold output, base-metal by-product credits, cash costs, all-in sustaining costs, capital budgets and annual guidance.
News also reflects portfolio changes and project activity, including the completed sale of the Bolañitos mine, development and exploration work across Mexico, Chile and the United States, and governance updates involving the board and senior operating management.
Endeavour Silver Corp. (NYSE: EXK) reported Q3 2020 production of 942,274 silver ounces and 10,260 gold ounces, totaling 1.8 million silver equivalent ounces. Year-to-date production reached 4.4 million AgEq ounces. After a two-month shutdown due to COVID-19, operations resumed with production improving by 66% compared to Q2 2020. Challenges included significant rainfall impacting throughput and lower grade ore from some mines. A feasibility study for the Terronera Mine is underway, with management focused on growth initiatives.
Endeavour Silver Corp. (NYSE: EXK; TSX: EDR) has appointed Donald (Don) Gray as the new Chief Operating Officer, effective immediately. Gray has 40 years of mining experience with companies like Exxon and Newmont, and previously served as COO of Continental Gold, overseeing the successful Buritica gold mine project. He will replace Godfrey Walton, who will retire at year-end but stay on as President until then. Additionally, Endeavour has commissioned a $1.5 million feasibility study for its Terronera project, anticipated to take nine months.