Economy

Silver X restarts production at Nueva Recuperada after operational upgrades

Logo Kitco NEWSKitco NEWS
2023-09-19 17:22:58  • 2 mins

(Kitco News) - Peru-focused silver producer Silver X Mining (TSX-V: AGX) (OTCQB: AGXPF) today announced the resumption of its mining operations at the Nueva Recuperada project, effective immediately.

On July 26, 2023, Silver X reported that it placed operations at the Nueva Recuperada project on hold as the company experienced “unexpected drop in grades” in some mineralized areas, which drove the metal production down.

In a statement today, the company noted that during the brief pause, operational upgrades were completed that expect to enhance efficiency and profitability, including investment in equipment upgrades, workforce training, and safety measures.

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