First Majestic Silver Corp. is pleased to announce that it has closed its previously announced transaction to sell its 100% owned past producing La Guitarra Silver Mine to Sierra Madre Gold and Silver Ltd. following the receipt of approval from the Comisión Federal de Competencia Económica and the TSX Venture Exchange as well as the completion of other customary closing conditions. In consideration of the sale, First [...]
First Majestic Silver Corp. announces today it is taking action to reduce overall costs by reducing investments, temporarily suspending all mining activities and reducing its workforce at Jerritt Canyon effective immediately. Over the past 22 months since the acquisition of the Jerritt Canyon Gold Mine in Nevada, the Company has been focused on increasing underground mining rates in order to sustainably feed the [...]
First Majestic Silver Corp. announces that it has received regulatory consent to extend its share repurchase program pursuant to a normal course issuer bid in the open market through the facilities of the Toronto Stock Exchange or alternative Canadian trading systems over the next 12 months. Pursuant to the Share Repurchase, the Company has the ability to repurchase up to 5,000,000 common shares of the Company which [...]
First Majestic Silver Corp. is pleased to announce the consolidated financial results for the Company's fourth quarter and year ended December 31, 2022. The full version of the financial statements and the management discussion and analysis can be viewed on the Company's website at www.firstmajestic.com, on SEDAR at www.sedar.com and EDGAR at www.sec.gov. All amounts are in U.S. dollars unless stated otherwise. 2022 [...]
First Majestic Silver Corp. announces that total production in the fourth quarter of 2022 from the Company's four producing operations, the San Dimas Silver/Gold Mine, the Jerritt Canyon Gold Mine, the Santa Elena Silver/Gold Mine and the La Encantada Silver Mine reached 7.6 million silver equivalent ounces, consisting of 2.4 million silver ounces and 63,039 gold ounces. Total production for the full year of 2022 reached [...]
First Majestic Silver Corp. is pleased to announce that it has closed its previously announced transaction to sell a portfolio of royalty interests to Metalla Royalty & Streaming Ltd. following the receipt of approval from the TSX Venture Exchange as well as the completion of other customary closing conditions. In consideration of the sale, First Majestic received 4,168,056 shares of Metalla at a deemed price of $4.7984 [...]
First Majestic Silver Corp. is pleased to announce that it has entered into an Asset Purchase Agreement dated December 7, 2022 to sell its 100% owned past producing La Parrilla Silver Mine located in the state of Durango, Mexico to Golden Tag Resources Ltd. for total consideration of up to US$33.5 million . On closing of the Transaction, First Majestic will receive 143,673,684 Golden Tag shares at a deemed price of [...]
First Majestic Silver Corp. is pleased to announce that it has entered into a royalty purchase agreement dated November 25, 2022 to sell a portfolio of its royalty interests to Metalla Royalty & Streaming Ltd. for a total consideration of US$20.0 million in common shares of Metalla. Total consideration consists of 4,168,056 Metalla shares at a deemed price of US$4.7984 per share based on a 25-day volume-weighted average [...]
First Majestic Silver Corp. is pleased to announce the release of the unaudited interim consolidated financial results of the Company for the third quarter ended September 30, 2022. The full version of the financial statements and the management discussion and analysis can be viewed on the Company's website at www.firstmajestic.com or on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. All amounts are in U.S. dollars [...]
First Majestic Silver Corp. is pleased to announce positive drilling results from its ongoing exploration program at the Jerritt Canyon Gold Mine located in Elko County, Nevada. The 2022 drilling campaign at Jerritt Canyon consists of short-term focused underground core drilling testing extensions of known ore controls near active mining; mid-term focused drilling planned to validate/test the presence of mineralized [...]
First Majestic Silver Corp. announces that total production in the third quarter of 2022 from the Company's four producing operations, the San Dimas Silver/Gold Mine, the Jerritt Canyon Gold Mine, the Santa Elena Silver/Gold Mine and the La Encantada Silver Mine, reached a new Company record of 8.8 million silver equivalent ounces consisting of 2.7 million ounces of silver and 67,072 ounces of gold. In the first nine [...]
First Majestic Silver Corp. is pleased to announce additional positive drill results from its ongoing exploration program at the Jerritt Canyon Gold Mine located in Elko County, Nevada. "Today's exploration results continue to validate our thesis that the area between the operating SSX and Smith mines is favourable for new, near-mine gold discoveries," stated Keith Neumeyer, President and CEO of First Majestic. "Hole-1102 [...]
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