The company, which mines gold and silver from six mines in Mexico, said profit for the six months ended June 30 rose 87 percent to $310.1 million from a year ago.

Silver production rose 11 percent to 28.04 million ounces while gold production fell slightly to 445,769 ounces during the period.

(Reporting by Sanjeeban Sarkar in Bengaluru; Editing by Gopakumar Warrier)