Endeavour Silver greenlights Terronera mine despite capex rise

The ATO mine is designed as a two-phased project, containing 26.4mt of proven and probable reserves grading 1.86 g/t AuEq.

The silver miners’ stocks have rallied in recent months, but are still underperforming gold stocks.

Orla has officially joined the list of precious metals producers in Mexico.

Guanaco-Amancaya now has proven and probable reserves of 12.1 million grading 0.84 g/t gold and 4.89 g/t silver.

Polymetal, which has a free float of 75.2%, is not subject to any Western sanctions imposed on Russia.

Bear Creek expects to receive anti-trust approval for the deal next month.

With Camino Rojo ramping up production and beginning to generate cash flow, Orla will gradually increase exploration expenditures.

Drill highlights included 9.3m grading 4.65 g/t Au, 1,877.1 g/t Ag, 0.03% Cu, 0.39% Pb and 0.02% Zn, starting from 36.6m.

The court order relates to the impact on the the habitat of the vizcachas, a small rabbit that is part of the food chain for the Andean cat.