Avino Silver & Gold Mines: Q3 2024 Production Increase

Avino Silver & Gold Mines Ltd., a silver producer in Mexico, reported a 13% increase in silver equivalent production for Q3 2024, totaling 670,887 ounces. Silver production rose by 19% to 281,831 ounces, and copper production surged by 55% to 1.8 million pounds. However, gold production saw a drop to 1,625 ounces. Mill throughput grew by 1% to 156,512 tonnes.

CEO David Wolfin cited overcoming ore crushing challenges and improvements in mill availability as factors for the production increase. Avino is on track to meet its annual production target of 2.5 to 2.8 million silver equivalent ounces. The company is also progressing with its La Preciosa project, pending necessary approvals.

Avino will release its financial results for Q3 2024 on November 12, with a conference call scheduled for November 13 to discuss operational and financial outcomes.