Endeavour Silver Corp. reported second-quarter 2025 production of 1,483,736 silver ounces and 7,755 gold ounces, totaling 2.5 million silver equivalent ounces, including base metal production from Kolpa. This represents a 13% increase in consolidated silver production compared to Q1 2024, primarily due to the addition of the Kolpa operation to the portfolio.
Since its acquisition on May 1, Kolpa processed 118,896 tonnes of material, grading 111 grams of silver per tonne, 3.13% lead, 2.25% zinc, and 0.22% copper. These results are consistent with management's expectations established at the time of acquisition, reflecting the ongoing efficiency of mining and processing activities at the new Peruvian asset.
The commissioning and ramp-up of the Terronera Project continue to progress steadily, with plant throughput gradually increasing. In June, Terronera averaged 1,232 tonnes per day (tpd), reaching a peak single-day throughput of 1,987 tpd, and stabilizing at an average of 1,400 tpd in the latter half of the month. Terronera also produced and sold 598 tonnes of concentrate, generating approximately $3 million in revenue, with management expecting to ramp up to design capacity in early Q3.
Excluding Kolpa, consolidated production was 16% lower than Q2 2024, slightly below plan, due to 17% lower production at Guanaceví and 10% lower production at Bolañitos. Consolidated gold production decreased by 26% compared to Q2 2024, primarily due to lower output from Bolañitos and Guanaceví.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.