- Endeavour Silver today announced that its 2022 production of 9.0 million silver equivalent ounces exceeded annual revised production guidance of 7.6-8.0 million silver equivalent ounces.
The company added it generated “strong” net revenue of $210.2 million from the sale of 6,464,869 oz of silver and 38,868 oz of gold at average realized prices of $22.07 per oz silver and $1,814 per oz gold. “Our strong and reliable operating performance resulted in robust 2022 financial results. We are especially pleased to have delivered against our all-in sustaining cost guidance of less than $20 per ounce, despite industrywide inflationary pressures, as a result of our strong production performance. Cost control will continue to be a key focus for the operations group in 2023, as we find pockets of cost moderation and business improvements,” stated CEO Dan Dickson.
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