Americas Gold and Silver (TSE:USA) has released an update.
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Americas Gold and Silver Corporation reports a record-breaking quarter for silver production at the Galena Complex, marking the highest output in over a decade. The second quarter of 2024 also saw a significant reduction in production costs, with preliminary estimates showing a 40% decrease in cash costs and a 35% decrease in all-in sustaining costs compared to the previous quarter. Additionally, the company is finalizing a non-dilutive financing agreement aimed at funding its EC120 Project, anticipated to commence high-grade silver-copper production in early 2025.
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