Endeavour Silver (NYSE:EXK) has reported Q3 production of 2,096,545 ounces silver and 10,126 ounces gold for combined silver equivalent (AgEq) production of 3.6 million ounces.
Year-to-date, the company produced 5,915,874 ounces silver and 32,340 ounces gold for total AgEq production of 10.4 million ounces.
CEO Dan Dickson says the Terronera plant reached ‘optimal processing performance’ while the Kolpa expansion ‘exceeded expectations’ despite temporary disruptions.
“Our teams responded effectively to temporary operational disruptions while maintaining a strong commitment to safe production,” Dickson adds.
Consolidated silver production increased 19% from 1,766,926 ounces in Q3 2025, attributed to higher production from Kolpa and an additional 710,670 ounces from Terronera. Gold production rose 39% from 7,285 ounces in the prior year quarter.
Operations at the Terronera mine were suspended from 12 August to 24 August due to blockades, reducing quarterly throughput to 165,171 tonnes from 175,729 tonnes in Q2. Metal recoveries improved, with silver recovery trending from 85.6% in July to 91.1% in September.
Kolpa increased throughput to 256,052 tonnes from 233,408 tonnes in the previous quarter, reflecting continued benefits from the plant expansion commissioned at the end of Q1.
The Guanaceví mill was taken offline on 21 September to replace the primary mill head and trunnion, with repairs expected to be completed in the first half of October. The maintenance reduced quarterly throughput to 89,722 tonnes.
Endeavour will update full-year production and cost guidance with third-quarter earnings on 9 November, with production expected at or slightly below the low end of the guided range.
The company also announced that Greg Blaylock will depart from his role as VP for operations.
Endeavour Silver is a Canadian mid-tier silver producer with mining operations and exploration projects across Mexico, Peru, Chile, and the US.
Write to JC Villarba at Mining.com.au
Images: Endeavour Silver
