MMX Interest: 2.5% net smelter return (NSR) royalty
MMX Metal Exposure: Silver (Ag), Zinc (Zn), Lead (Pb)
Location: British Columbia, Canada
Operator: Coeur Mining Inc.
Status: Temporary Suspension of Mining and Processing Activities
- Recommenced production in March 2018 and achieved commercial production in September 2018
- In Q4 2019, Coeur Mining received its permit to allow for a sustained mining and milling rate of 1,100 t/d on a year-round basis
- Coeur Mining announced in February 2020 that it was temporarily suspending mining and process activities due to market conditions for lead and zinc concentrates
- During the temporary suspension Coeur Mining intends to significantly increase its investment in exploration as well as pursue a potential mill expansion
For more information on Silvertip, please visit www.coeur.com.
Source: Coeur Mining Inc. public disclosure.