Seeking Alpha

Silver Standard provides Q1 operations update for Pirquitas mine

  • In an operations update, Silver Standard Resources (SSRI) reaffirms Q1 production guidance of 1.9M oz. of silver and 8.8M lbs. of zinc at its Pirquitas mine in Argentina, and says it is on track to meet production guidance for the year.
  • Pirquitas mined 4.2M metric tons of material during the quarter, in line with budget expectations; milled 4,514 metric tons/day, 13% above nominal design.
  • Operations were consistent with expectations, SSRI says, as Q1 typically is a below average quarter at the site due to impacts of the rainy season.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs