Endeavour Silver Corp. Reports Strong Q2 Silver Production Despite Gold Output Decline
- Endeavour Silver Corp. produced 1,483,736 ounces of silver in Q2 2025, marking a 13% increase from the previous quarter.
- The Kolpa operation acquisition significantly boosted silver output, while overall production declined by 16% without its contributions.
- The company focuses on scaling the Terronera project, aiming for long-term growth amid mixed gold and silver production results.
Endeavour Silver Corp. Reports Strong Q2 Silver Production Amid Mixed Results in Gold Output
Endeavour Silver Corp. announces robust production results for the second quarter of 2025, driven primarily by a strategic acquisition and operational enhancements. The company achieves a total output of 1,483,736 ounces of silver and 7,755 ounces of gold, translating to approximately 2.5 million silver equivalent ounces. This marks a notable 13% increase in silver production compared to the previous quarter, largely attributed to the integration of the Kolpa operation acquired on May 1, 2025. The Kolpa operation processes 118,896 tonnes of material, yielding impressive silver grades of 111 grams per tonne, bolstering the company’s overall production figures.
Despite the positive trends from the Kolpa acquisition, the overall silver output reveals a more nuanced picture. When excluding Kolpa's contributions, Endeavour's silver production drops by 16% compared to Q2 2024, primarily due to declines at its Guanaceví and Bolañitos mines, which experience respective decreases of 17% and 10% in silver output. The downturn in gold production is even more pronounced, with a year-over-year decline of 26%. This significant reduction is driven by a 34% decrease in output from the Bolañitos mine and a 16% drop at Guanaceví, indicating potential challenges in these operations that the company will need to address moving forward.
Endeavour's operational focus remains on scaling its Terronera project, which is gradually ramping up production. In June, the project achieves an average throughput of 1,232 tonnes per day, generating approximately $3 million in revenue from the sale of 598 tonnes of concentrate. CEO Dan Dickson emphasizes the company’s commitment to maintaining growth momentum following the Kolpa acquisition. By aligning operational processes and optimizing production across its assets, Endeavour positions itself for long-term success in the precious metals sector while navigating the complexities of fluctuating gold and silver outputs.
In addition to the production results, Endeavour Silver Corp. highlights its ongoing commitment to operational excellence and market adaptability. The recent acquisition of the Kolpa operation not only enhances the company’s silver production capabilities but also underscores its strategic intent to expand its portfolio in the precious metals market. As Endeavour continues to refine its operational strategies, the company remains well-positioned to capitalize on opportunities within the sector, even as it encounters challenges in certain areas of its production.
Overall, Endeavour Silver Corp.'s Q2 2025 results reflect a complex landscape in the mining industry, marked by significant production achievements and areas for improvement that could shape its future trajectory in the precious metals market.