FIRST MAJESTIC SILVER CORP

Description

First Majestic Silver Corp. is a publicly traded mining company primarily focused on the production of silver, though it also invests in related gold production.

Based in Canada, the organisation operates within the mining and metals sector.

Its core business activities include the operation and development of silver mines in Mexico, emphasizing a sustainable approach to extracting and processing minerals.

Key Projects

- San Dimas Silver/Gold Mine: This project, one of the company's primary assets, is historically significant and prolific in its silver and gold output. Situated in Durango, Mexico, it includes multiple mining concessions spanning roughly 71,839 hectares.

- Santa Elena Silver/Gold Mine: Located in Sonora, Mexico, this mine integrates both underground and open-pit operations. Santa Elena represents an important component of First Majestic’s production portfolio, contributing significantly to its annual output.

- La Encantada Silver Mine: This is an underground silver mine located in Coahuila, Mexico. Acclaimed for its high-grade silver deposits, La Encantada is a substantial part of First Majestic's strategy to boost quality and quantity in silver production.