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Santacruz Silver Produces 3.7 Million Silver Equivalent Ounces in Q1; Shares up 4%
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Santacruz Silver Produces 3.7 Million Silver Equivalent Ounces in Q1; Shares up 4%
Jun 9, 2025 6:59 AM

09:36 AM EDT, 06/09/2025 (MT Newswires) -- Santacruz Silver Mining ( SCZMF ) on Monday rose 4% after saying it produced 3.7 million silver equivalent ounces in the first quarter from its Bolivar mine, Porco mine, Caballo Blanco Group of mines and the San Lucas Group, all located in Bolivia, and the Zimapan mine in Mexico.

The company said it produced 1.6 million silver ounces, 20,719 tonnes of zinc, 2,718 tonnes of lead and 279 tonnes of copper in Q1.

"Santacruz started 2025 with strong contributions from its Mexican operations, driven by steady production growth, solid mill throughput, and disciplined mine execution," said Santacruz Chief Executive Arturo Prestamo. "Lower throughput from our Bolivian operations in Q1 reflects the typical seasonal slowdown experienced during the first quarter of the year."

Shares of the company were last seen up $0.040 at $1.04 on the TSX Venture Exchange.

Price: 1.05, Change: +0.05, Percent Change: +5.00

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