MEXICO – Vancouver-based Pan American Silver Corp. has completed the new sulphide ore processing plant at its La Colorado silver mine in Zacatecas state. The mill began processing ore on July 1, 2016, at an average rate of 1,400 t/d.
Throughput will be reduced slightly until the mine shaft and additional development are completed, noted the company. Commissioning of the new 618-metre mine shaft is expected in Q3 2016. Underground development is being stepped up to supply 1,800 t/d to the mill by the end of 2017.
Pan Am Silver said it will have spent $163.8 million on the expansion project since 2014 to its completion next year. That figure includes $80 million in sustaining capital. Annual output will reach 7.7 million oz of silver in 2018, a 44% increase from 2015.
Earlier this month the La Colorada mine received the “Casco de Plata” for being the safest mine with more than 500 employees in Mexico in 2015.
Please visit the website at www.PanAmericanSilver.com.