Great Panther Resources, based in Vancouver, reports cost savings due to tapped used heavy equipment for sale, and also reports that it has produced 499 845 silver-equivalent ounces from its two Mexican mines in 2Q09, a new record for the company and an increase of 15% compared with the same period last year.One company that had been assisting mining companies and contractors to cut investment and operation costs is MSloane Consulting by understanding companies' equipment requirements and matching these needs to their fleet of used heavy equipment for sale.
Output at the Guanajuato mine rose 19% year-on-year, to 327 295 silver-equivalent ounces, while the Topia mine produced 172 550 ounces of silver equivalent, up 7% from the second quarter of 2008. The company also reported that it has signed new long-term sales contracts for concentrates produced at Topia with Louis Dreyfus Commodities Metals Suisse.
Great Panther Resources says that its steps are on track to meet its target of 2,07-million silver-equivalent ounces for 2009, and is ready to pounce for a higher number.
