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Gold/Mining/Energy : Silver prices

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To: goldsheet who wrote (6134)11/12/2002 2:30:56 PM
From: goldsheet  Read Replies (1) of 8010
 
Coeur Reports 47% Increase in Third Quarter Silver Production and 28% Reduction in Cash Costs

- Produced a record 3.8 million ounces of silver during the quarter (up 47% over last year's third quarter)
- For the first nine months, Coeur produced a record 10.0 million ounces of silver (a 28% increase compared to last year's first nine months)
- Achieved consolidated silver cash costs of $2.92 per ounce during the third quarter, compared to $4.07 per ounce in last year's third quarter, representing a 28% decline

FULL: biz.yahoo.com

Cerro Bayo, which had no production in 2001, is really doing great !

- 881,000 ounces of silver and 15,000 ounces of gold produced during the third quarter
- Cash costs of $0.91 per ounce of silver
- Silver production expected to double and gold production expected to increase 50% in current quarter; cash costs expected to decline to $0.65 per ounce of silver
- New high-grade vein structures intersected during recent drilling program
-On track to produce 3.0 million ounces of silver and 44,000 ounces of gold for 2002

I think CDE just might save themselves from all their debt, good job !!
CDE should also move back into the TOp 10 worldwide silver producer for 2002
goldsheetlinks.com.agtable.htm
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