Endeavour Silver shares are trading lower after the company announced the trunnion on the primary ball mill at the Guanacevi mill has failed and could take up to 12 weeks to replace. The processing of material at the Guanacevi mill has been suspended as a result.
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Endeavour Silver shares are trading lower after the company announced a significant equipment failure at the Guanacevi mill, which could take up to 12 weeks to replace. The processing of material at the mill has been suspended.
August 12, 2024 | 12:06 pm
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Endeavour Silver (EXK) shares are trading lower after the company announced a trunnion failure at the Guanacevi mill, leading to a suspension of material processing for up to 12 weeks.
The failure of the trunnion on the primary ball mill at the Guanacevi mill is a significant operational issue, leading to a suspension of material processing for up to 12 weeks. This will likely impact the company's short-term production and revenue, causing the stock price to drop.
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