Gold and silver mining company Great Panther Mining’s mines in Mexico have returned to stable production, following the lifting of government mandated restrictions on mining, and in Brazil, its Tucano mine has “outperformed” despite the challenges of the global health pandemic.
The dual-listed company on Thursday published its second-quarter production results, announcing output of 38 540 gold-equivalent ounces (GEOs), comprising 36 356 oz of gold and 142 547 oz of silver.
The Tucano mine, which Great Panther bought in 2019, achieved record monthly production of 15 389 oz of gold.
On a consolidated basis, Great Panther expects to produce 146 000 to 158 000 GEOs in 2020. This reflects the addition of 2020 production guidance for Topia which is being provided for the first time.