First Majestic Produces 6.2 Million Silver Equivalent Ounces in First Quarter [Canadian Business Journal (Canada)]
First Majestic Silver Corp. Ordinary Shares (Canada) (AG)
Last first majestic silver corp. ordinary shares (canada) earnings: 2/19 07:00 am
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Source: Canadian Business Journal
VANCOUVER, British Columbia, April 14, 2020 (GLOBE NEWSWIRE) — First Majestic Silver Corp. (“First Majestic” or the “Company”) (TSX: FR | NYSE: AG) announces total production in the first quarter of 2020 reached 6.2 million silver equivalent ounces consisting of 3.2 million ounces of silver and 32,202 ounces of gold. As previously announced on April 6, 2020, the Company has withdrawn its 2020 production and costs guidance as a result of Mexico’s Ministry of Health’s Federal Decree to temporarily suspend all mining operations until April 30, 2020.FIRST QUARTER HIGHLIGHTSTotal production reached 6.2 million equivalent ounces of silver, consisting of 3.2 million ounces of silver and 32,202 ounces of gold, inline with the previous quarter and 9% above guidance prior to suspensionContinued strong silver and gold recoveries at Santa Elena of 94% and 96%, respectively, following two consecutive quarters of sustained high recoveries following the installation of the 3,000 tpd high-intensity g
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