financetom
Business
financetom
/
Business
/
GoGold Books Higher Q2 Silver Equivalent Production YoY at Parral Mine in Mexico
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
GoGold Books Higher Q2 Silver Equivalent Production YoY at Parral Mine in Mexico
Jul 11, 2024 5:49 AM

08:15 AM EDT, 07/11/2024 (MT Newswires) -- GoGold Resources ( GLGDF ) reported on Thursday a second quarter year-on-year increase in silver equivalent production from the Parral tailings mine in Mexico.

The company produced 400,236 ounces of silver equivalent, rising from 375,112 ounces.

Gold production climbed to 2,436 ounces from 1,512 ounces and copper production was up to 148 tonnes from 135 tonnes.

Zinc production totaled 125 tonnes.

"Parral's production is climbing with the addition of the zinc circuit, this should continue over the next several quarters," said Brad Langille, GoGold's president and CEO.

GoGold is advancing a definitive feasibility study on the Los Ricos South project in Mexico, with results expected to be released in September.

GoGold's share price rose 3.7% on Wednesday to $1.42 on the TSX.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
UnitedHealth's quarterly revenue misses on weakness in insurance unit
UnitedHealth's quarterly revenue misses on weakness in insurance unit
Jan 16, 2025
(Reuters) - UnitedHealth Group reported fourth-quarter revenue below Wall Street estimates on Thursday, hurt by weakness in its health insurance unit, sending the healthcare conglomerate's shares down about 3% in premarket trading. The company's results come a month after Brian Thompson, the CEO of UnitedHealth's insurance unit was killed, igniting a conversation over frustrations related to navigating the U.S. health...
PNC Financial Services Q4 Earnings, Revenue Rise
PNC Financial Services Q4 Earnings, Revenue Rise
Jan 16, 2025
06:36 AM EST, 01/16/2025 (MT Newswires) -- PNC Financial Services Group ( PNC ) reported Q4 earnings Thursday of $3.77 per diluted share, up from $1.85 a year earlier. Analysts polled by FactSet expected $3.33. Total revenue for the quarter ended Dec. 31, expressed as the sum of net interest income and noninterest income, was $5.57 billion, compared with $5.36...
BP Confirms Plans to Cut Thousands of Jobs to Reduce Costs
BP Confirms Plans to Cut Thousands of Jobs to Reduce Costs
Jan 16, 2025
06:40 AM EST, 01/16/2025 (MT Newswires) -- BP (BP) on Thursday confirmed in an email to MT Newswires that it plans to cut about 4,700 positions internally and 3,000 contractor jobs. The energy giant said that the move is part of a multi-year program started last year to strengthen competitiveness and lower costs. Bloomberg earlier reported that Chief Executive Officer...
First Horizon's Q4 Adjusted Earnings Rise, Revenue Falls
First Horizon's Q4 Adjusted Earnings Rise, Revenue Falls
Jan 16, 2025
06:40 AM EST, 01/16/2025 (MT Newswires) -- First Horizon ( FHN ) reported Q4 adjusted earnings Thursday of $0.43 per diluted share, up from $0.32 a year earlier. Analysts polled by FactSet expected $0.39. Total revenue for the quarter ended Dec. 31, expressed as the sum of net interest income and fee income, was $729 million, compared with $800 million...
Copyright 2023-2026 - www.financetom.com All Rights Reserved