SilverCrest Metals Gold Output Falls Slightly, Average Selling Price Up -- Commodity Comment

Dow Jones
01-15
 

By Adriano Marchese

 

SilverCrest Metals recovered slightly less gold in the fourth quarter from its Las Chispas operation in Mexico, but sold its inventory at a higher price.

On production:

SilverCrest recovered 13,993 ounces of gold in the three months ended Dec. 31. This is down from 14,100 ounces a year earlier.

The company mined 127,278 metric tons of ore, up from 78,600 tons a year earlier. It milled 113,594 tons, compared with 104,500 tons.

For silver, the company recovered 1.38 million ounces, up from 1.34 million ounces.

On sales:

SilverCrest sold 15,100 ounces of gold in the quarter, down from 16,100 ounces. It sold the ounces at an average realized price of $2,657 an ounce, up from $1,979 an ounce a year earlier.

 

Write to Adriano Marchese at adriano.marchese@wsj.com

 

(END) Dow Jones Newswires

January 15, 2025 07:23 ET (12:23 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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