santacruz silver mining

Santacruz silver mining

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Santacruz Silver Mining Ltd. About the company. The company primarily explores for silver and zinc, as well as lead and copper deposits. Rewards Risk Analysis. Earnings have declined by

Santacruz silver mining

Santacruz Silver aims to stabilize production, reduce costs, and clarify its balance sheet after acquiring new assets. Key initiatives like an interconnection tunnel and dedicated processing could boost output. Santacruz Silver Mining Ltd. Santacruz acquired the Glencore assets in Bolivia in late and has been focused on assimilating those operations over the past 18 months. The company aims to stabilize and incrementally grow production while reducing costs. In Q2, the company produced 5. The transition of acquiring and integrating the new Bolivian assets has presented some one-time accounting and administrative challenges as the company works to align the Bolivian operations to IFRS reporting standards. However, management believes the transition is in an advanced stage and major milestones have been achieved. In addition to production growth, Santacruz sees opportunities to significantly reduce costs. The main drivers will be:. With these initiatives, investors can expect to see both production growth and lower costs in This will provide additional working capital and balance sheet clarity. With silver prices low, Santacruz Silver remains focused on what it can control - stabilizing its operations, reducing costs, and incrementally growing production. The company appears to be making good progress integrating its newly acquired Bolivian assets. Several catalysts in the coming months will demonstrate this progress.

Third quarter earnings: EPS and revenues miss analyst expectations Dec Rewards Risk Analysis.

Santacruz Silver Mining Ltd. The Soracaya exploration project and San Lucas ore sourcing and trading business are also in Bolivia. Bolivar Mine is located in the state of Oruro in Bolivia, and municipality of Antequera. Paved roads connect Bolivar to the capital city La Paz kilometers , Oruro City 75 kilometers and Poopo Rail Station 22 kilometers , which is the concentrate warehouse and dispatch. The Caballo Blanco project consists of three separate mines and one process plant operating as one to produce Zinc and Lead concentrates. The mine is 34 mining concessions covering an area of 5, hectares, including the highly prospective hectare Santa Gorgonia 1 concession. Source: LSEG , opens new tab - data delayed by at least 15 minutes.

Key events shows relevant news articles on days with large price movements. Andean Precious Metals Corp. APM 1. Sierra Metals Inc. SMT 2. Pan American Silver Corp. PAAS 4. SilverCrest Metals Inc. SIL 1. New Pacific Metals Corp.

Santacruz silver mining

Santacruz Silver is a Latin-American focused silver company with one producing silver mine Zimapan and two exploration properties in Mexico. This includes three producing assets in Bolivia and one advanced exploration project with excellent potential. In October , the Company announced it has entered into a definitive share purchase agreement with Glencore whereby Santacruz will acquire a portfolio of Bolivian silver assets from Glencore, including a per-cent interest in the producing Bolivar and Porco mining operations held through an unincorporated joint venture with Corporacion Minera de Bolivia COMIBOL , a Bolivian state-owned entity, a per-cent interest in the Sinchi Wayra business which includes the producing Caballo Blanco mining complex, the Sorocaya project located in Bolivia, and the San Lucas ore sourcing and trading business and certain related properties and assets. In addition, Glencore will also be granted a 1.

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Santacruz Silver Mining Brief: Reporting that an employee was fatally injured at its Zimapan Mine on September 8, ; Says mine has since resumed operations. Roland Mcgowan Lohner Independent Director. Other stock markets EST. March 18, Third quarter earnings: EPS and revenues miss analyst expectations Dec June 24, May 13, June 17, Private placements give investors direct access to deal flow alongside management teams, brokerages and institutional investors Private placement shares can generally be purchased at a discount to market prices and have purchase warrants attached to them If the underlying share price rises, warrants can be exercised to further build positions and enhance gains Hold periods are typically restricted to only 4 months and a day Sign up to receive notifications of future private placement opportunities:. Investors can expect updates on key initiatives like the interconnecting tunnel to show progress towards a more efficient operation. Highly volatile share price over the past 3 months. Volume ,

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Paved roads connect Bolivar to the capital city La Paz kilometers , Oruro City 75 kilometers and Poopo Rail Station 22 kilometers , which is the concentrate warehouse and dispatch. May 9, Thank you! October 20, This site uses cookies. Add to a list Add to a list. First half earnings released Sep December 14, The main drivers will be:. Santacruz Silver Produces

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