Lets Talk Finances

Provoking Discussion on Personal Finance and Investing

ASM - Avino Silver & Gold Mines Ltd. ()

Overview

Company Summary


Avino Silver & Gold Mines Ltd. (ASM) is a Canadian mining company engaged in the acquisition, exploration, development, and production of precious metals, primarily silver and gold. ASM operates primarily through its mining properties located in Mexico.

The company's main asset is the Avino Mine located in Durango, Mexico. This mine has been in operation since 1974 and has produced significant amounts of silver, gold, and copper. ASM also owns and operates the San Gonzalo Mine, a high-grade silver and gold mine adjacent to the Avino Mine.

Avino Silver & Gold Mines follows a comprehensive mining process to extract precious metals from the earth. The company conducts various exploration activities to identify and evaluate potential mining sites. Once a viable deposit is discovered, ASM develops the mine by constructing tunnels, shafts, and infrastructure necessary for extraction.

The extraction process involves mining the ore, which is then processed to separate the valuable metals from the waste materials. This is achieved through grinding the ore into a fine powder and subjecting it to a series of physical and chemical processes including flotation, leaching, and smelting.

Once the metals are extracted, they are refined to remove impurities and produce high-quality silver and gold products. Avino Silver & Gold Mines sells these products to traders, refiners, and manufacturers in the precious metals market, generating revenue for the company.

In addition to their mining operations, ASM focuses on environmental stewardship and community engagement. The company prioritizes responsible mining practices, ensuring minimal impact on the environment and implementing measures for land reclamation. Avino also contributes to the local communities through various social and economic initiatives.

Overall, Avino Silver & Gold Mines Ltd. is a mining company specializing in the extraction and production of precious metals, particularly silver and gold. They operate mines in Mexico and follow a comprehensive process to extract, refine, and sell these metals while maintaining a commitment to sustainability and community development.

Notes (see all)

News