Brief: Gatos Silver Says Qtrly Silver Production Was 2.7 Mln Ounces, Up 59%

Gatos Silver

11/10/2022 21:42

Oct 11 (Reuters) - Gatos Silver Inc  GATO.N :
    * GATOS SILVER REPORTS RECORD QUARTERLY PRODUCTION FOR THE
THIRD
QUARTER OF 2022, INCREASES PRODUCTION GUIDANCE AND LOWERS COST
GUIDANCE FOR 2022
    * QTRLY  SILVER PRODUCTION WAS 2.7 MILLION OUNCES OF SILVER,
AN
INCREASE OF 59% COMPARED TO Q3 OF 2021
    * QTRLY ZINC PRODUCTION WAS 17.8 MILLION POUNDS, UP 32%, 
LEAD
PRODUCTION WAS 12.2 MILLION POUNDS, UP 13% FROM COMPARABLE
QUARTER IN 2021
    * COMPANY IS IMPROVING 2022 FULL YEAR PRODUCTION GUIDANCE
FOR
SILVER BY 9%
    * COMPANY EXPECTS SUSTAINING CAPITAL EXPENDITURES TO BE
APPROXIMATELY $75 MILLION IN 2022

Source text for Eikon:  ID:nBw22gNKta 
Further company coverage:  GATO.N 
 ((Reuters.Briefs@thomsonreuters.com;))