Company News: Great Panther Silver
Updated: 08 Feb 2010
Great Panther Silver Limited is one of the fastest growing primary silver producers in Mexico with strong leverage to future rises in the price of silver.
Great Panther’s new 3-year growth strategy is focused on an immediate and aggressive increase in production and resources while maintaining profitability. The new strategy foresees the production of 2.5 million Ag eq oz in 2010, and 3.8 million Ag eq oz in 2012. This equates to annual increases of approximately 20% and a total increase of more than 100% from 2008 levels.
Great Panther's mission is to become a mid-tier silver producer by acquiring, developing and profitably mining precious metals in Mexico.
Great Panther’s new 3-year growth strategy is focused on an immediate and aggressive increase in production and resources while maintaining profitability. The new strategy foresees the production of 2.5 million Ag eq oz in 2010, and 3.8 million Ag eq oz in 2012. This equates to annual increases of approximately 20% and a total increase of more than 100% from 2008 levels.
Great Panther's mission is to become a mid-tier silver producer by acquiring, developing and profitably mining precious metals in Mexico.
Business Category Exploration; Mining
Regions of Operation Latin America
Exchange Ticker TSX:GPR
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