Welcome to our dedicated page for Americas Gold and Silver Corporation news (Ticker: USAS), a resource for investors and traders seeking the latest updates and insights on Americas Gold and Silver Corporation stock.
Americas Gold and Silver Corporation (symbol: USAS) is a premier Canadian-based junior silver and gold producer with a robust presence in the Americas. The company specializes in the acquisition, exploration, development, and production of precious metals, operating primarily in Mexico and the United States. Their key operating assets include The Cosala Operations in Mexico, The Galena Complex in Idaho, and the Relief Canyon Mine in Nevada. Additionally, the company has sizeable interests in the San Felipe Development Project situated in Sonora, Mexico.
In 2017, Americas Gold and Silver was poised to achieve a silver production target ranging from 2.0 to 2.5 million ounces and silver equivalent production between 5.0 to 5.5 million ounces. They aimed to maintain competitive silver cash costs at approximately US$5.00 per ounce and all-in sustaining costs around US$10.00 per ounce. With the successful transition to full production at the San Rafael Mine, the company projected its position as one of the lowest-cost silver producers globally by 2018.
Americas Gold and Silver's strategic focus in the Western Hemisphere and commitment to operational efficiency have established it as a significant player in the mining sector. The company continues to leverage its strong operating platform and diversified asset base to drive growth and shareholder value. Recent achievements include significant advancements at their key projects, bolstering production capabilities and enhancing their financial condition through sound management and strategic partnerships.
Latest News:
- Expansion of the Relief Canyon Mine operations, improving production efficiency and output.
- Successful resource exploration at The Galena Complex, revealing higher-than-expected mineral reserves.
- Ongoing development and future projections for the San Felipe Project in Sonora, Mexico.
Investors and stakeholders can expect continued growth and operational excellence from Americas Gold and Silver Corporation, reinforcing its robust position in the precious metals market.
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