Endeavour Silver was able to announce solid Q2 results and fantastic progress in the construction of its mega-mine. With cash of USD 68.1 million and working capital of USD 64.5 million, Endeavour Silver has plenty of cash to fall back on. Finally, Endeavour Silver informed its shareholders that the Terronera development is still fully on track. Silver producer MAG Silver also delivered strong production figures and even revised its full-year forecast upwards, which has a positive effect on profitability. MAG Silver has further strengthened its balance sheet and now has $97.3 million in cash and cash equivalents. In addition to the pure figures, MAG Silver also provided an update on ongoing drilling and exploration on all its projects, which we explain in detail.
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