Avino Silver & Gold Mines Ltd Dossier
Qualitative Analysis
Business overview
Avino Silver & Gold Mines Ltd. (NYSE American: ASM, TSX: ASM) is a long-standing precious metals producer operating primarily in the Durango region of North Central Mexico. The company's core operations are centered around its 100%-owned Avino Mine area, which spans approximately 4,087 hectares. Avino's strategic focus is on primary silver production, complemented by gold and copper by-products. A key driver of its current expansion is the integration of the adjacent La Preciosa property, acquired in 2022, which has begun contributing high-grade development material to Avino's centralized processing facility.
Research as of 19 Jun 2026
Strategic Initiatives
Growth programs, investments, and their expected impact
Advancing underground development at the recently acquired La Preciosa project, located 19 kilometres from the Avino processing plant, to transition from development mining to production mining.
Expected impact: Allows for higher mining rates at lower cost in the medium to long-term at La Preciosa, in anticipation of higher throughput.
Reprocessing historical tailings from mining operations conducted in the 1970s and 1980s to extract gold and silver.
Expected impact: Provides a low-cost, low-execution-risk source of precious metals, contributing to the company's long-term goal of reaching 8 to 10 million AgEq ounces of annual production by 2030.
Mergers, Acquisitions & Partnerships
Recent deals and strategic collaborations
Recent Acquisitions
Acquisition of outstanding royalties and contingent payments from Coeur Mining to secure 100% unencumbered ownership of the La Preciosa project, improving the asset's cost profile and long-term economics.
Financial impact: Eliminated future royalty obligations, significantly lowering the projected all-in sustaining costs (AISC) for La Preciosa.