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First Majestic Silver Corp T.AG

Alternate Symbol(s):  AG

First Majestic Silver Corp. is a mining company. It is focused on silver and gold production in Mexico and the United States. It owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, and the La Encantada Silver Mine, and a portfolio of development and exploration assets, including the Jerritt Canyon Gold project located in northeastern Nevada, United States. It also owns and operates its own minting facility, First Mint, LLC, and offers a portion of its silver production for sale to the public. The San Dimas Silver/Gold Mine is located over 130 kilometers (km) northwest of the city of Durango, Durango State, Mexico and consists of 71,868 hectares of mining claims located in the states of Durango and Sinaloa, Mexico. The Santa Elena Silver/Gold Mine is located over 150 km northeast of the city of Hermosillo, Sonora, Mexico. The La Encantada Silver Mine is an underground mine located in the northern Mexico State of Coahuila, 708 km northeast of Torreon.


TSX:AG - Post by User

Post by Co2Harveston Apr 15, 2023 9:00am
331 Views
Post# 35396529

More progress towards vertical integration

More progress towards vertical integrationKeith has spoken of the idea of First Majestic minting their own products in the past. In this video, he confirms that they've actually bought the equipment to do it and are in the process of constructing the mint. This eliminates somewhere around 8 months of lag if I'm remembering what he's said previously. He also mentions in the video that by being their own mint, they likely will be able to even further reduce premiums on their retail silver products. GLTA  https://www.goldforum.live/DGG/First-Majestic-Silver-Corp-f989e50ef015cc63d57ce322
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