The mandatory suspension of Mexico’s mines in April and May is evident in Endeavour Silver’s second-quarter production results, with the Toronto- and New York-listed miner on Thursday reporting a 42% decrease in silver-equivalent production.
The company produced 1.06-million silver-equivalent ounces in the March 2020 quarter, comprising 596 545 oz of silver and 5 817 oz of gold.
The Guanacevi, Bolanitos and El Compas mines were suspended on April 1, to halt the spread of Covid-19. In late May, mining was deemed to be essential activity by the Mexican authorities, which allowed mining operations to start up with health protocols in place.