First Majestic Silver Corp - Mining Stock Analysis & Updates
Latest News and Market Performance for First Majestic Silver Corp
Perm ID: 1-4295862460
https://www.firstmajestic.com/
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First Majestic Announces 2024 Sustainability Report and Mailing of 2025 AGM Meeting Materials
First Majestic Silver Corp. released its 2024 Sustainability Report, highlighting record safety performance, employee development, significant carbon footprint reduction, community investment, and improved ESG rankings, while preparing for the 2025 Annual General Meeting.
First Majestic Produces 7.7 Million AgEq Ounces in Q1 2025 Including a Record 3.7 Million Silver Ounces
First Majestic Silver Corp. reported a strong Q1 2025 with total production of 7.7 million silver equivalent ounces, including 3.7 million silver ounces and 36,469 gold ounces. This marks an 88% increase in silver production year-over-year, reflecting operational improvements.
First Majestic Announces 2024 Mineral Reserve and Mineral Resource Estimates
First Majestic Silver Corp. reports record mineral resource levels and significant year-over-year mineral reserve growth for 2024 across its mines in Mexico and the temporarily suspended Jerritt Canyon Gold Mine in the U.S., highlighting successful exploration efforts.
First Majestic Appoints Daniel Muniz Quintanilla to Its Board of Directors
First Majestic Silver Corp. appointed Daniel Muñiz Quintanilla to its Board of Directors on March 13, 2025. He has over 28 years of experience in international law and finance within the mining sector and holds multiple director roles in related companies.
First Majestic Announces Record Free Cash Flow for Q4 2024, FY 2024 Financial Results and Quarterly Dividend Payment
First Majestic Silver Corp. announced its Q4 2024 financial results, highlighting record free cash flow of $68.4 million, a 19% increase in cash position, and an 18% rise in revenue to $172.3 million, driven by higher silver production and prices, and reduced costs.
First Majestic Announces 2025 Production and Cost Guidance and Announces Conference Call Details
First Majestic Silver Corp. announces its 2025 production and cost guidance for its four Mexican mines, expecting 27.8 to 31.2 million silver equivalent ounces, with a conference call scheduled for February 20, 2025, to discuss 2024 results and 2025 plans.
First Majestic Reports Exploration Success for Navidad at Santa Elena
First Majestic Silver Corp. reports significant expansion of high-grade gold and silver mineralization at the Navidad discovery in Sonora, Mexico, following extensive drilling and positive metallurgical testing. The results indicate strong potential for resource growth.
First Majestic Provides Positive Exploration Results at San Dimas
First Majestic Silver Corp. announced positive drilling results from its 2024 exploration at the San Dimas Mine, Mexico, highlighting significant silver and gold mineralization. The program expanded Mineral Resources and converted Inferred to Indicated Resources, enhancing future mining prospects.
First Majestic Completes Acquisition of Gatos Silver
First Majestic Silver Corp. has completed its acquisition of Gatos Silver, with nearly unanimous shareholder approval. Gatos Silver is now a wholly-owned subsidiary, and its shareholders will receive shares of First Majestic. The acquisition aims to enhance First Majestic's portfolio and operations in Mexico.
First Majestic Announces Shareholder Approval in Connection with Gatos Silver Acquisition
First Majestic Silver Corp. has received shareholder approval to acquire Gatos Silver, Inc., exchanging up to 190 million common shares. Approximately 98.44% of First Majestic shareholders and 71.3% of Gatos Silver shareholders voted in favor. The transaction is expected to close by January 16, 2025.
First Majestic Produces 5.7 Million AgEq Oz in Q4 2024 Consisting of 2.4 Million Silver Ounces and 39,506 Gold Ounces, and 21.7 Million AgEq Oz in 2024
First Majestic Silver Corp. reported a total production of 5.7 million silver equivalent ounces in Q4 2024, a 4% increase from the previous quarter, with silver production up 20%. The company anticipates releasing audited financial results on February 20, 2025.
First Majestic Provides Update Regarding Gatos Silver's Joint Venture with Dowa Metals & Mining Co., Ltd.
First Majestic Silver Corp. announced that Gatos Silver, Inc. has amended agreements with Dowa Metals regarding the Los Gatos Joint Venture, enhancing Gatos' management rights and allowing full consolidation of financial statements, effective January 1, 2025.
First Majestic Announces Mailing of Materials for Special Meeting
First Majestic Silver Corp. is mailing materials for a Special Meeting on January 14, 2025, to seek shareholder approval for issuing 190 million common shares to Gatos Silver, Inc. The company is using an eco-friendly delivery method to reduce paper usage.
First Majestic Announces Effectiveness of Registration Statement on Form F-4 and Record & Meeting Dates of Special Meeting for Gatos Silver Acquisition
First Majestic Silver Corp. announced that its F-4 registration for acquiring Gatos Silver, Inc. is effective. A special meeting for shareholders to approve the transaction is set for January 14, 2025, with details on meeting materials impacted by a Canada Post dispute.
First Majestic Announces Financial Results for Q3 2024 and Quarterly Dividend Payment
First Majestic Silver Corp. announced its Q3 2024 unaudited financial results, showing a 4% increase in silver equivalent production and a 10% increase in revenue compared to Q3 2023, reaching $146.1 million. This was mainly due to higher average silver prices, despite lower production levels at San Dimas. The company held 767,386 silver ounces in finished goods, worth an additional $23.8 million in potential revenue. Mine operating earnings grew by 119% to $28.5 million, largely driven by a 67% increase at Santa Elena due to higher silver prices.
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Articles
First Majestic Silver Corp Presentation Update - 2025-05-08 - Minimal Updates to...
Minor updates to the First Majestic Silver Corp presentation; no significant changes to financials, resources, or strategy, maintaining current outlook and data.
First Majestic Silver Corp Presentation Update - 2025-04-25 - Minimal Content Updates...
The report shows minimal updates with no significant changes, confirming the company's stable financial and operational data, with low impact on overall outlook.
