First Majestic Silver (NYSE: AG) — Company Overview, News & Financial Data
First Majestic Silver focuses on exploring and developing silver assets in Mexico while optimizing sustainable practices.
First Majestic Silver
First Majestic Silver is a mining company engaged in the acquisition, exploration, development, and production of silver and gold properties. Headquartered in Vancouver, Canada, the company operates several producing mines in Mexico, including the Los Gatos Silver Mine in Chihuahua, the San Dimas Silver/Gold Mine in Durango, the Santa Elena Silver/Gold Mine in Sonora, and the La Encantada Silver Mine in Coahuila. It also holds exploration and development assets such as the Jerritt Canyon Gold Mine in Nevada, United States. Additionally, First Majestic Silver operates an online bullion store and mint facility to sell physical silver products directly to retail investors.
Snapshot
Operations
Products and/or services of First Majestic Silver
- San Dimas Operation: High-grade underground silver and gold mine located in Durango, Mexico, featuring a 2,000 tonne-per-day cyanidation mill that processes underground ore to produce silver and gold dore bars for global metals markets.
- Santa Elena Operation: Underground silver and gold mine in Sonora, Mexico, encompassing the Santa Elena and Ermitaño deposits. The site utilizes a 3,000 tonne-per-day processing plant with leaching and counter-current decantation systems.
- Los Gatos Operation: Underground silver, zinc, and lead mine located in Chihuahua, Mexico, operated via joint venture. The project operates a modern processing plant producing mineral concentrates from underground polymetallic ore reserves.
- La Encantada Operation: Underground silver mine situated in Coahuila, Mexico, supported by a 4,000 tonne-per-day cyanidation mill that processes silver-rich underground ores into refined dore bars for commercial distribution across industrial and precious metal markets.
- Jerritt Canyon Asset: Underground gold property located in Nevada, United States, comprising extensive exploration concessions and a 4,500 tonne-per-day dual-roaster processing plant capable of treating refractory gold ores for precious metal extraction.
- Direct Bullion Sales: Direct-to-consumer distribution of physical silver bullion through integrated minting operations and an online retail storefront, supplying investment-grade silver bars, coins, and minted rounds directly to individual buyers worldwide.
First Majestic Silver executive team
- Mr. Keith N. NeumeyerFounder, CEO & Director
- Mr. David Soares C.A., CPA, M.B.A.Chief Financial Officer
- Mr. Steven C. Holmes B.Sc., M.B.A.Chief Operating Officer
- Mr. Colin Bradford BowerVice President of Operations-Mexico
- Mr. Michael Jarred DealVice-President of Metallurgy & Innovation
- Mr. Mani AlkhafajiPresident & Chief Corporate Development Officer
- Mr. Gonzalo Ariel Mercado P.Geo.Vice President of Exploration & Technical Services
- Mr. Samir Devendra Patel L.L.B., LL.B. (Hons)General Counsel & Corporate Secretary
- Ms. Jill Anne AriasVice President of Corporate Communications & Marketing
- Mr. David SmithVice President of Human Resources