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.
Mining industry investment in Mexico would increase in 2022, but would still be far from the record figures of a few years ago, due to the effects of growing security problems in the country, a high tax burden and the government’s decision to stop granting new concessions.
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.