The Nueva Recuperada property covers a substantial area within the Huachocolpa mining district. Credit: Silver X Mining.

Silver X Mining has resumed mining operations at the Nueva Recuperada project in central Peru, effective immediately.

The resumption follows a brief mining activity pause, during which the company made operational upgrades and implemented new protocols to optimise production.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

In July 2023, Silver X Mining placed the Nueva Recuperada project on hold due to an “unexpected drop in grades” in some mineralised areas, driving “metal production down”.

However, during the brief suspension, the company completed operational upgrades at the mine to enhance efficiency and profitability.

Silver X Mining also invested in equipment upgrades, workforce training and safety measures.

See Also:

Furthermore, the company said it seized the opportunity to identify initiatives for cost reduction in key areas such as mining method, labour, mine haulage and milling efficiency.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The company expects these initiatives to result in decreased unit costs and improved production rates.

In a press statement, Silver X Mining said: “The new operational upgrades not only enable the mine’s production capabilities but also bolster the resilience of the business model in the face of market fluctuations.”

The Nueva Recuperada property covers a substantial area within the Huachocolpa mining district comprising Ag/Au/Pb/Zn/Cu epithermal veins.

The portfolio of vein systems on the Nueva Recuperada property has been separated by Silver X into two main units for logistical and operational reasons. These are the Tangana mining unit in the north and the Plata Advanced Project in the south.

Silver X CEO José García said: “The restart of Nueva Recuperada confirms our commitment to make Nueva Recuperada a profitable operation based on improved safety standards, efficiency, head grades and costs.”