US miner reports higher silver production

Photo: Coeur Mining

US miner Coeur Mining has reported an increased silver production in 2018, at 12.9 million oz, up 8% compared with a year earlier.

 

"Strong results were driven by increased production from Palmarejo and Rochester as well as significantly higher production from Kensington," the company said in a statement.

 

Last year, the company produced 367,728 oz of gold, 6.8 million pounds of zinc, and 3.9 million pounds of lead, according to data from Coeur Mining.

 

"Gold production decreased 4% over the same period as positive results from Palmarejo and Rochester were outweighed by lower production at Wharf," the statement said.

 

Coeur Mining says it is a precious metals producer with five mines in North America. Its wholly-owned operations include Mexicos Palmarejo silver-gold complex, Nevadas Rochester silver-gold mine, the Silvertip silver-zinc-lead mine in Canadas British Columbia, the Kensington gold mine in Alaska, and the Wharf gold mine in South Dakota, according tothe miner.