Mexican peso

Endeavour Silver Reports 2023 Financial Results: Earnings Conference Call at 9am PST (12pm EST) Time

Retrieved on: 
Monday, March 11, 2024
Accounting, MD, Mining, EDGAR, Sale, Income tax, Mexican peso, Gold, Tax, Public expenditure, Silver, Guanaceví, Bank statement, Cryptocurrency

For the year ended December 31, 2023, revenue, net of $2.4 million of smelting and refining costs, decreased by 2% to $205.5 million (2022: $210.2 million).

Key Points: 
  • For the year ended December 31, 2023, revenue, net of $2.4 million of smelting and refining costs, decreased by 2% to $205.5 million (2022: $210.2 million).
  • After cost of sales of $168.9 million (2022: $158.6 million), an increase of 6%, mine operating earnings were $36.6 million (2022: $51.5 million).
  • The Company realized net earnings for 2023 of $6.1 million (2022: $6.2 million) after a tax expense of $12.1 million (2022: $18.7 million).
  • All shareholders can receive a hard copy of the Company’s complete audited financial statements free of charge upon request.

Aura Announces 2023 Annual Financial and Operational Results and 2024 Guidance

Retrieved on: 
Tuesday, February 20, 2024
Engineering, EPP, EPCM, NPV, GEO, ZERO, Arantzazu, Brazilian real, Gold, Social responsibility, United States dollar, Cajueiro, IRR, Mexican peso, Economics, CAPEX, AISC, FX, Satellite navigation device

In Q4 2023, production reached 69,194 GEO, a notable increase of 7% compared to Q3 2023 and the best quarterly production for the year.

Key Points: 
  • In Q4 2023, production reached 69,194 GEO, a notable increase of 7% compared to Q3 2023 and the best quarterly production for the year.
  • Total production for 2023 reached 235,856 GEO at current prices, within the range of the Q3 2023 MD&A Consolidated Production Guidance of between 231,000 – 253,000 GEO for 2023.
  • In 2023, Aranzazu produced 106,119 GEO, 2% below 2022 at constant prices and in line with the Company`s Guidance.
  • Aura anticipates mining to continue in Ernesto during Q1 2024 with improving production rates.

Fortuna reports updated Mineral Reserves and Mineral Resources

Retrieved on: 
Thursday, February 15, 2024
News, Vein, Lead, San José Mine, Sterilization, Mineral, Silver, Caylloma, Register, Zinc, Transport, Resource, CapeNature, Disclosure, Mexican peso, Anomaly, Gold, National Instrument 43-101, Engineer, Sunbird, Metallurgy, Chesser, National instrument, Reserve, Confederation, Mineral Resources Limited, Uranium mining

Mineral Resources were reported within a $1,800/oz gold price pit shell and at a cut-off grade of 0.5 g/t Au.

Key Points: 
  • Mineral Resources were reported within a $1,800/oz gold price pit shell and at a cut-off grade of 0.5 g/t Au.
  • NI 43-101, defined below, reporting requirements do not allow for "Inferred Mineral Resources" to be added to other Mineral Resource categories and must be reported separately.
  • A qualified person has not done sufficient work to classify the historical estimates as current Mineral Resources or current Mineral Reserves and Fortuna is not treating the historical estimate as current Mineral Resources.
  • As of December 31, 2023, the Yaramoko Mine has Proven and Probable Mineral Reserves of 0.9 Mt containing 219 koz Au, in addition to Measured and Indicated Resources, exclusive of Mineral Reserves, of 0.5 Mt containing 43 koz Au, and Inferred Resources of 0.16 Mt containing 18 koz Au.

Endeavour Silver Provides Q4 2023 Construction Progress Update On the Terronera Mine

Retrieved on: 
Monday, February 12, 2024
La Luz, New Mexico, Project, Mining, News, TSX, Biophysical environment, LNG, EDR, Steel, Engineering, Mexican peso, TSF, Accident, Workforce

VANCOUVER, British Columbia, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; TSX: EDR) provides a Q4 2023 construction progress update for its Terronera Project in Jalisco state, Mexico.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; TSX: EDR) provides a Q4 2023 construction progress update for its Terronera Project in Jalisco state, Mexico.
  • A photo gallery presentation accompanies this news release and can be found here or on the Company website at Terronera Project Progress Photos .
  • The Terronera project has made significant construction progress to date.
  • Endeavour remains focused on advancing the Terronera Project for initial production in Q4 2024, with a comprehensive schedule and plan under the 2024 Updated Scenario.

Endeavour Silver Provides 2024 Update for the Terronera Project; Initial Production Remains on Schedule for End of 2024

Retrieved on: 
Wednesday, January 24, 2024
Mexican peso, La Luz, New Mexico, TSF, Engineering, Mining, Construction

The Company has delivery commitments from several fabrication shops, which began in early January, and are being planned according to the construction schedule requirements through Q2 2024.

Key Points: 
  • The Company has delivery commitments from several fabrication shops, which began in early January, and are being planned according to the construction schedule requirements through Q2 2024.
  • Additional mining equipment will be purchased earlier than originally planned to ensure sustained production during ramp up.
  • In Q2 and Q3, work is planned to advance in all plant areas with mechanical completion and commissioning activities planned in Q4 with initial production at the end of 2024.
  • The project remains on schedule for mill commissioning and initial production in the fourth quarter of 2024.

Key Tronic Corporation Announces Results for the First Quarter of Fiscal Year 2024

Retrieved on: 
Tuesday, October 31, 2023
Mexican peso crisis, Workforce, EMS, Access code, Mexican peso, Security (finance), Drug, Key Tronic

SPOKANE VALLEY, Wash., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC), a provider of electronic manufacturing services (EMS), today announced its results for the quarter ended September 30, 2023.

Key Points: 
  • SPOKANE VALLEY, Wash., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC), a provider of electronic manufacturing services (EMS), today announced its results for the quarter ended September 30, 2023.
  • These results are in line with the preliminary results announced on October 24, 2023.
  • For the first quarter of fiscal year 2024, Keytronic reported total revenue of $147.8 million, up 8% from $137.3 million in the same period of fiscal year 2023.
  • For the first quarter of fiscal 2024, net income was $0.3 million or $0.03 per share, compared to $1.2 million or $0.11 per share for the same period of fiscal 2023.

Keytronic Corporation Announces Preliminary Results For the First Quarter of Fiscal Year 2024

Retrieved on: 
Tuesday, October 24, 2023
Key Tronic, Workforce, EMS, Mexican peso, Food delivery, Video game

For the first quarter of fiscal 2024, Keytronic expects to report revenue of approximately $147.7 million, in line with revenue expectations, and earnings of approximately $0.02 per share, which are below expectations.

Key Points: 
  • For the first quarter of fiscal 2024, Keytronic expects to report revenue of approximately $147.7 million, in line with revenue expectations, and earnings of approximately $0.02 per share, which are below expectations.
  • For the second quarter of fiscal 2024, the Company expects to report revenue in the range of $135 million to $145 million and earnings in the range of $0.05 to $0.10 per diluted share.
  • The revenue and earnings estimates for the first and second quarters of fiscal 2024, and the finalization of financial results for the first quarter of 2024, are subject to completion of the Company’s quarterly close and review procedures which are still ongoing.
  • The Company plans to report its complete results and host its earnings conference call for the first quarter of fiscal 2024 on October 31, 2023.

Endeavour Silver Closes US$120 Million Project Loan Debt Facility to Advance the Development of Terronera

Retrieved on: 
Tuesday, October 10, 2023
Mining, Debt, Partnership, Société Générale, NYSE, TSX, S.A, Letter, EDR, Gold, Silver, Cost, ING, News, BANK, Line, Mexican peso, Security (finance), Bank, Endeavour

Proceeds from the Debt Facility will be used towards construction of the underground mine and mill at the Company’s Terronera Project in Jalisco state, Mexico.

Key Points: 
  • Proceeds from the Debt Facility will be used towards construction of the underground mine and mill at the Company’s Terronera Project in Jalisco state, Mexico.
  • Cash sweep will be applied to 35% of excess cash flow after debt service from completion onwards until $35 million of loan principal has been prepaid.
  • Financial Covenants - The Debt Facility is subject to certain customary conditions precedent and debt servicing covenants.
  • The Debt Facility is secured through corporate guarantees from Endeavour and certain Endeavour subsidiaries and a first ranking security interest over the Terronera project.

Key Tronic Corporation Announces Results For The Fourth Quarter And Year End Of Fiscal 2023

Retrieved on: 
Tuesday, August 15, 2023
Mexican peso, Access code, EMS, Growth, Mexican peso crisis, Video game, Security (finance), Key Tronic

For the fourth quarter of fiscal year 2023, Keytronic reported total revenue of $162.6 million, up 29% from $126.2 million in the same period of fiscal year 2022.

Key Points: 
  • For the fourth quarter of fiscal year 2023, Keytronic reported total revenue of $162.6 million, up 29% from $126.2 million in the same period of fiscal year 2022.
  • For the full year of fiscal 2023, total revenue was $588.1 million, a company record and up 11% from $531.8 million for fiscal year 2022.
  • Revenue for the fiscal year 2023 included new program ramps, as well as increased demand from a number of longstanding customer programs.
  • The gross margin in the fourth quarter of fiscal year 2023 was adversely impacted by the foreign currency strengthening of the Mexican Peso.

SilverCrest Reports Second Quarter 2023 Results and Guidance for H2, 2023

Retrieved on: 
Wednesday, August 9, 2023
Treasury, Maintenance, FINANCIAL, Silvercrest, Life, Report, Bank statement, CPG, Silver, ESR, Corporate governance, World Gold Council, AG, PT, EDGAR, Mexican peso crisis, Public expenditure, Empresas Públicas de Medellín, Gold, Ethics, Community, National instrument, Mining, Water, Capital, Quality of life, Mexican peso, Qualified person (European Union), ESG, Weather, Environment, Mexican Center League, News, AISC, Uranium mining, Rare-earth element, Printed circuit board, Q3, Q2

In conjunction with the Report, SilverCrest announced a $10 million exploration budget from now until the end of Q1, 2024.

Key Points: 
  • In conjunction with the Report, SilverCrest announced a $10 million exploration budget from now until the end of Q1, 2024.
  • During the quarter, processed gold grades averaged 4.84 gpt (4.06 gpt in Q1, 2023) and silver grades averaged 449 gpt (419 gpt in Q1, 2023).
  • In the second quarter, total cost of sales was $23.7 million (Q1, 2023 - $22.4 million).
  • A conference call to discuss the Company's Q2, 2023 financial results will be held tomorrow, Thursday August 10, 2023 at 8:00 a.m. PT / 11:00 a.m.