Endeavour Silver Corporation (NYSE: EXK) produced 2.2 million silver equivalent ounces in the second quarter of 2024, a 5% decline from the year-ago quarter, primarily due to reduced silver production at both of its mines, which offset higher gold output. The company also expects to commission the Terronera mine in the fourth quarter of 2024 and commence production in 2025. Silver Production Declines on Lower Grades, Gold Up Consolidated silver production fell 12% year over year to 1.31 million ounces. This was due to a 12% reduction in silver output at the Guanaceví mine and a 17% decrease at Bolañitos, both due to lower grades.  Endeavour Silver, however, witnessed a 7% year-over-year improvement in gold production at 10,549 ounces. The growth was driven by higher gold grades mined at both Guanaceví and Bolañitos, as well as higher gold content in third-party feed processed at Guanaceví. Gold output at the Guanaceví mine rose 9% year over year to 4,243 ounces, while the Bolañitos mine output grew 6% to 6,306 ounces.  Guanaceví's silver production was 1.196 million ounces (down 12% year over year), which met the company's expectations. Gold production at 4,243 ounces (up 9%) was higher than expected due to increased gold grades mined and higher content in the third-party feed. Local third-party feed contributed 15% to Guanaceví's quarterly throughput. At current prices, management expects local third-party ...