BUZZ-Silver Standard Resources Inc: Strong 2014 production, outlook

Wed Jan 14, 2015 6:26pm EST
 
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** Canadian miner's U.S.-listed shares up 6 pct at $6.40 after market

** Says it produced 8.7 mln ounces of silver at its Pirquitas mine in Argentina in 2014, exceeding its forecast of 8.2 mln-8.6 mln ounces

** Company expects to produce 9 mln-10 mln ounces in 2015 at Pirquitas

** Expects gold production of 160,000-175,000 ounces at Marigold mine in Nevada in 2015, higher than 2014 production of 129,615 ounces

** Expects exploration and development costs to remain at a reduced level of $15 million in 2015