Santacruz, a Canadian-based mining company, has reported a significant increase in silver equivalent production during the second quarter. According to the company’s latest financial report, their production of silver equivalent increased by 13% compared to the previous quarter.
This boost in production can be attributed to the successful ramp-up of the company’s Veta Grande mine in Zacatecas, Mexico. The Veta Grande mine is one of Santacruz’s key assets and has been instrumental in driving the company’s overall production growth.
Santacruz’s CEO, Arturo Prestamo, expressed his satisfaction with the company’s performance and stated that this increase in production demonstrates their ability to deliver on their growth strategy. He also mentioned that the company is focused on further increasing its production and optimizing operations to maximize profitability.
The increase in silver equivalent production is welcome news for Santacruz and its shareholders. With the ongoing global demand for precious metals, particularly silver, the company is well-positioned to capitalize on a favorable market environment.
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