Silver X Mining Corp. is pleased to report its financial results for the three and nine months ended September 30, 2024 for the Nueva Recuperada Project in Central Peru. Q3 2024 Financial Highlights Revenues of $5.0 million vs. $2.1 million , an increase of $2.9 million. Significant EBITDA improvement: Adjusted EBITDA of negative $0.1M vs [...]
Silver X Mining Corp. is announcing that it has agreed to terminate its private placement as announced by the Company on October 30, 2024, due to current market conditions. "Given the dramatic fall in the price of equities, and in other metals, especially silver, we believe the market is no longer conducive for completing the offering on terms that [...]
Silver X Mining Corp. , a growing silver producer and developer in Central Peru, is pleased to announce changes in the methodology and metrics for determining the Company's All-In Sustaining Cost , aimed at better reflecting its operating performance and efficiency, enhancing the comparability of metrics with its peers. To improve the accuracy and [...]
Silver X Mining Corp. is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. to act as sole agent and sole bookrunner in connection with a "best-efforts" private placement to sell up to 16,666,667 units of the Company at a price of C$0.30 per Unit for gross proceeds of up to C$5,000,000 . Each Unit will consist [...]
Silver X Mining Corp. , a growing silver producer and developer in Central Peru, is pleased to announce its operating results for the third quarter ending September 30, 2024 at the Company's Nueva Recuperada Project in Peru. Q3 2024 Production Highlights YTD production results demonstrate sustained growth compared to the first nine months of 2023 [...]
Silver X Mining is pleased to report its financial results for the three and six months ended June 30, 2024 for the Nueva Recuperada Project in Central Peru. Q2 2024 Financial Highlights Generated revenues of $6.2 million, representing a 31% increase when compared to the quarter ended March 31, 2024 and 34% increase when compared to the quarter [...]
Silver X Mining wishes to announce that Sebastian Wahl will be stepping down as Vice President, Corporate Development of the Company to pursue other opportunities. Mr. Wahl will remain a director of the Company. In connection with this transition and his consulting agreement with the Company, the Company has agreed to issue Mr. Wahl an aggregate of [...]
Silver X Mining is pleased to announce its operating results for the second quarter ending June 30, 2024 at the Company's Nueva Recuperada property in Peru. Q2 2024 Production Highlights Demonstrated a significant increase in tonnage mined, with a raise of 20 per cent from Q1 2024, and 33 per cent from Q2 2023, continuing production upscaling [...]
Silver X Mining announced the appointment of David Gleit as Chief Financial Officer, effective immediately. David succeeds Jason Tong, who served as the Company's interim CFO and who will remain with the Company as the corporate controller. David brings more than 25 years of experience as a financial executive with a strong background in [...]
Silver X Mining Corp. is pleased to announce the signing of a 15-year social agreement with the Community of Carhuapata in Huancavelica in Peru. This in addition with the 12-year agreement with the Community of Huachocolpa signed on November 6, 2023. This new social contract grants Silver X Mining access to the totality of the Plata Mining Area [...]
Silver X Mining Corp. is pleased to report its financial results for the three months ended March 31, 2024, for the Nueva Recuperada Project in Central Peru. Q1 2024 Financial Highlights Generated revenues of $4.8 million. Cash costs of $15.36 per silver equivalent ounce produced and All-In Sustaining Cost of $21.36 per AgEq ounce produced [...]
Silver X Mining Corp. is pleased to report its financial results for the three months and year ended December 31, 2023, for the Nueva Recuperada Project in Central Peru. Q4 2023 Financial Highlights Q4 2023 Cash costs of $18.22 per Silver Equivalent ounce produced and All-In-Sustaining Cost of $24.96 per AgEq ounce produced, reflective of the [...]