Tag Archives: Endeavour Silver

Endeavour Silver centralises, standardises Terronera process management with ARES PRISM

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Endeavour Silver has selected ARES PRISM project controls software for use on its Terronera silver project in Mexico to, ARES PRISM says, reduce manual labour, standardise processes and workflows, and improve project data integration.

Terronera was acquired in 2010, and, according to a recent pre-feasibility study, has the potential to produce around 3 Moz/y of silver and 33,000 oz/y of gold over an initial 10-year mine life.

ARES PRISM project controls software has a proven track record and is used throughout the mining industry at more than 80% of the world’s top mining organisations, the company claims.

Andres Zavaleta, Project Management Consultant with Endeavour Silver, said: “Our objective was to establish a centralised system that could be used from the beginning of the project to standardise processes and improve the flow of project data allowing for increased efficiency and better project delivery. ARES PRISM can fully integrate with our current ERP system to enable Endeavour Silver to create standardised workflows and processes.”

Endeavour Silver is implementing the full PRISM G2 software suite, which includes the cost management, engineering, contracts, procurement and field management modules. Alongside this, it will implement PRISM Docs and PRISM Dashboard.

“PRISM Docs will enable their teams to find, share and control business documents, while PRISM Dashboard will provide them a series of pre-designed dashboard views and reports for visually showing progress and performance information,” the company said.

Endeavour Silver has also elected to implement PRISM Go, a web-based extension that allows remote access into a project’s core data set and limited portal access for third-party contractors for project progression in a secure environment.

Geoffrey Stubson, CFO of ARES Project Management, said: “We find that many project organisations are limited by data silos. But in choosing to implement nearly the entire ARES PRISM project software suite, Endeavour Silver has taken a strong initiative to eliminate silos and get the most of their project data while saving time and costs developing the Terronera mine.”

VanGold adds El Cubo mine and mill to El Pinguico precious metals mix

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VanGold Mining has signed a binding agreement with Endeavour Silver to acquire the El Cubo mine and mill complex in Mexico, accelerating the company’s transition from development to production at its nearby El Pinguico silver-gold project.

With a rated capacity of 1,500 t/d, the El Cubo complex is made up of two operating underground silver-gold mines and a flotation plant. It employed over 350 people and engaged over 200 contractors until Endeavour suspended operations at the end of November 2019.

For the year ended December 31, 2018, Endeavour produced a total of 4.58 Moz of silver-equivalent at the complex at an all-in sustaining cost of $8.86/oz.

Currently, the El Cubo mine, plant and tailings facilities are on short term care and maintenance. VanGold intends to re-start the mill at around 750 t/d using mineralised material from its surface and underground stockpiles at the El Pinguico project as a significant portion of its estimated throughput for the first 36 months of operation. Endeavour Silver states it has measured and indicated resources of 236,000 oz of silver equivalent at El Cubo.

VanGold Chairman and CEO, James Anderson, said: “After working well with the Endeavour team during our 1,000 t bulk sample in June 2020, it became clear that El Cubo would be the perfect production fit for VanGold.

“The availability of mineralised material from El Pinguico’s surface stockpile, El Pinguico’s underground stockpile, El Pinguico’s remaining high-grade historical stopes and pillars, as well as El Cubo’s historical resources, gives us great flexibility in deciding where to source material for the mill, and how to sequence that throughput.”

El Pinguico is a high-grade gold and silver deposit that was mined from the early 1890s until 1913. VanGold has recently gained access to some of the historical underground shafts and has drilling campaigns planned to explore these areas.