Guanajuato Silver CEO shares the company's explosive growth in silver-rich Mexico
Vancouver
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August 02, 2023 01:41 PM Eastern Daylight Time
Guanajuato Silver Company Ltd CEO James Anderson takes Proactive's Stephen Growth through the rapid growth Guanajuato is seeing as Mexico's fastest-growing silver mining company.
With four mines, three production facilities, and a focus on Mexico's rich mining history, Anderson told Proactive that Guanajuato Silver is well-positioned in the world's largest silver-producing country, with operations in Guanajuato and Durango states. Anderson noted that the company's underground mining operations and increasing silver equivalent production have led to six consecutive record production quarters.
He also highlighted the company's focus on the silver market, driven by its industrial uses in the solar industry. While Guanajuato recently raised C$8.01 million in new capital, Anderson emphasizes the need to be cautious when making acquisitions, seeking opportunities that add immediate shareholder value.
He highlighted successful investments in infrastructure and new tunnels that are boosting production efficiency and increasing throughput. Investors should look forward to potential higher grades and greater output in the coming weeks.
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