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First Majestic produces 5.2 million oz. silver-equivalent in Q3, on track to meet guidance

Oct 14, 2020

Source: https://www.mining.com/first-majestic-produces-5-2-million-oz-silver-equivalent-in-q3-on-track-to-meet-guidance/

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First Majestic’s La Encantada silver mine in Mexico. (Image: First Majestic Silver Corp.)

In the third quarter, silver miner First Majestic Silver churned out 5.2 million silver-equivalent oz., made up of 3.2 million oz. of silver and 25,771 oz. of gold, from its three underground mines in Mexico.

This quarterly output represents a 72% increase in silver production and a 63% growth in gold output over the prior quarter, as this production was affected by Mexico’s temporary suspension of non-essential businesses due to covid-19.

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First Majestic’s La Encantada silver mine in Mexico. (Image: First Majestic Silver Corp.)

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