Category Archives:
Silvermet Releases 2011 Q3 Results
Highlights Revenues in YTD-Q3 2011 increased by 15% to $12.8 million (at 100%) (Silvermet’s share – $6.3 million) from $11.2 million in YTD-Q3 2010. The Company was cash flow positive and profitable. Operations continued to benefit from reduced smelter treatment … Continue reading
Silvermet Releases 2011 Q2 Results
Highlights Operations were cash flow positive and profitable Benefited from reduced smelter treatment charges in Q2, 2011 Production increased by 63% to 3,400 DMT from 2,086 DMT in Q2, 2010 (Dry Metric Tonnes zinc concentrate containing an average grade of … Continue reading
Silvermet Announces 2011 Q1 Results
Highlights Operations are cash flow positive and profitable in 2001 Q1 Production increased by 43% to 3,144 DMT (Dry Metric Tonnes zinc concentrate containing 68% zinc on average) from 2,195 DMT in Q1 2010 despite a 15 day planned shutdown … Continue reading
Silvermet Reports Significantly Improved Results for 2010
Highlights Silvermet achieved cash flow positive operations in Q3, 2010. Silvermet signed a 51%/49% joint venture with Befesa Medio Ambiente, S.A. (“Befesa”) of Spain, and formed Befesa Silvermet Turkey S.L. (“BST”). Production increased 110% to 11,548 DMT (Dry Metric Tonnes … Continue reading
Silvermet Announces Significantly Improved 2010 Operating Results
Silvermet Inc. (“Silvermet” or the “Company”) (TSXV: SYI) is pleased to announce significantly improved results for 2010 and a continuation of the third quarter improvements into the fourth quarter: Production more than doubled to 11,605 DMT (dry metric tonnes zinc … Continue reading
