Great Panther Silver Limited (TSX:GPR, NYSE:GPL) announced fourth quarter and 2012 annual production results from their Guanajuato and Topia operations.
As quoted in the press release:
2012 Highlights (Compared to 2011)
- Metal production for the year increased by 8% over 2011 to 2,378,603 silver equivalent ounces (“Ag eq oz”);
- Silver production increased by 4% to 1,560,041 silver ounces (“Ag oz”); and
Great Panther Silver’s CEO, Robert Archer, said:
We have made, and continue to make, improvements and changes at both mines that we believe will continue to have a positive impact going forward. As we concentrate on improving efficiencies at the operations, our focus for 2013 is to reduce costs and prepare for the development and production of San Ignacio in 2014.