Americas Silver is a silver producer and we’re focused on low-cost silver production. The company’s key projects are 100% owned. Both operations are significant silver producers, our primary asset is our coastal of properties in Mexico. We’re going to have significant free cash flow coming out of our new mine that will allow us to be the lowest cost silver producer in the world and it will allow us to not only put free cash flow on the balance sheet but allow us to explore and develop and grow our company.
Americas Silver Corporation is a leading Canadian-based junior silver producer with assets in the Americas and a strong operating platform. Annual production for 2017 is expected to be 5.0-5.5 million silver equivalent ounces.
The company has two established producing mines, a third mine in construction and an advanced stage exploration project.
Americas Silver aims to deliver a compelling value proposition, leading silver leverage among junior silver producers and an attractive relative valuation. There are several components to this strategy:
Diversified production base:
We expect our Cosalá District operations in Sinaloa, Mexico and our Galena Complex in Idaho, USA to deliver sustainable annual production of approximately 5.0 – 5.6 million silver equivalent ounces.
Improving cash cost profile:
We anticipate a decline in cash costs as current operations and brownfield development assets are optimized and cost synergies are realized following the completion of our recent business combination with U.S. Silver & Gold.
Robust reserve and resource base:
Our reserves and resources will support sustainable operations at current prices with further potential for profitable expansion at higher prices from existing earlier stage projects.
Enhanced market presence:
Americas Silver is considering listing its common shares on the NYSE “MKT” (a U.S. securities exchange) to increase trading volume and liquidity and to access a significantly deeper pool of new capital, greater international recognition and increased retail interest.
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