Goldcorp's (GG) Penasquito Mine Produces Silver-Bearing Concentrates, Announces Silver Wheaton (SLW)
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Silver Wheaton Corp. (NYSE: SLW) is pleased to announce that, as reported by Goldcorp Inc. (NYSE: GG) in a press release dated October 13, 2009, the first silver-bearing lead and zinc concentrates have been produced at Goldcorp's Penasquito mine in Zacatecas, Mexico.
Initial concentrates have been produced as a by-product of the commissioning process and currently total approximately 450 tonnes of lead concentrate and 50 tonnes of zinc concentrate. Ongoing concentrate production is planned during the remaining commissioning phase through year-end 2009, with the first shipments to smelters planned for later this year as saleable quantities are accumulated.
Assays of the initial material indicate that the concentrate grades, recoveries and concentrate quality are well within expected ranges.
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tom rogers on Oct 14, 2009 07:56 AMhow can anyone take sahah palin or rush limbaugh seriously? i blame the stupifying media