They've always had one of the highest silver cost-per-ounce ratios in the country. It's critical now that they are cutting costs...perhaps not so much when silver goes back up. (And it should).
Silver production of between 2.2 and 2.4 million ounces is expected for 2014. This represents an 8 percent increase over silver production in 2013. Cash costs are projected to be between $14.50 and $15.50 per ounce which represents a 15 percent reduction over 2013, and all-in sustaining cash costs are projected to be between $18.00 and $19.00 per ounce, a 24 percent decrease over 2013.
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