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First Majestic records second-highest quarter of silver production

Jan 20, 2021

Source: https://www.mining.com/first-majestic-records-second-best-quarter-of-silver-production/

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La Encantada is the company’s largest operation in Mexico. Image from First Majestic Silver.

Mexico-focused miner First Majestic (TSX: FR) produced 3.5 million ounces of silver from its three active mines (San Dimas, Santa Elena and La Encantada) during the fourth quarter of 2020. This represents a 9% increase over the previous quarter and the company’s second-highest quarterly silver production.

About 1.9 million ounces were produced at San Dimas, representing a 16% improvement over Q3 2020. This was the highest quarterly silver production since acquiring the mine in May 2018.

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La Encantada is the company’s largest operation in Mexico. Image from First Majestic Silver.

About 1.9 million ounces were produced at San Dimas, representing a 16% improvement over Q3 2020. This was the highest quarterly silver production since acquiring the mine in May 2018.

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