Stroud Resources Ltd. is a Canadian public company listed on the TSX Venture Exchange, trading under the symbol “SDR”. Stroud’s mission is to create shareholder value through the exploration and discovery of precious metal deposits. It has previously focused on an easily accessible, epithermal gold and silver projects in Mexico and Archean gold deposits in Canada.
Size still matters. And in the case of Newmont, its Penasquito mine in Mexico matters a lot. This open pit project produced 348,000 ounces of gold and 590,000 ounces of silver through the end of June 2021.
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Mexico’s mining production remained stagnant during the third quarter, according to a central bank (Banxico) report based on interviews with business executives between September 26 and October 20.
Gatos Silver shares rose by 12% Wednesday after the company saw its best ever quarter and calendar year for silver production at its Cerro Los Gatos (CLG) mine, comfortably beating its 2022 production guidance.
