Post by
mattbigham on Aug 03, 2023 9:36pm
That Jerritt Canyon stench is gone in Q3
Q2 NR: Excluding Jerritt Canyon, cash costs for the three Mexican operations were $13.44 per AgEq ounce.
Jerritt has severely hurt the bottom line but shelving it onto C&M was the right decision.
Neumeyer eats JC and rightfully so.
Now it becomes a potential future asset when gold breaks out and First Majestic have managed to clean up the expenditure issues of labour and harsh winter exposure that negatively effected the milling operations this past winter.