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Guanajuato Silver Co Ltd - Mexico-focused mineral exploration company - Says it is adjusting a number of its operational strategies in Guanajuato, Mexico in order to focus on mining higher grade material. These changes include: infrastructure improvements at the Valenciana mines complex,the dewatering of sections of the El Cubo mines complex, and a new ventilation raise at the San Ignacio mine. Adds it is also transitioning to a new business model at the Topia mine. Explains these changes will enhance operations across all its silver producing assets and influence total silver-equivalent production in 2023. Now expects full-year silver-equivalent production between 3.4 million and 3.6 million ounces.
Current stock price: 18.50 pence
12-month change: down 33%
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