Americas Silver Corp. has initiated production at its San Rafael mine as the sole source of mill feed for the company’s Cosalá Operations in Sinaloa, Mexico. Initially, the company is targeting a throughput of 1,500 metric tons per day (mt/d). The mine is currently producing more than 1,000 mt/d as it continues its ramp-up. There is a stockpile in excess of 25,000 mt of San Rafael ore and a further 50,000 mt of Nuestra Señora ore at the mill, if required.
The San Rafael mine is expected to drive significant earnings and cash flow at current metals prices, starting in the first quarter of 2018 and over the life of the mine. Americas Silver expects to declare commercial production at the mine before the end of the fourth quarter of 2017.