|First Majestic Silver Corp - FR.t is focused on silver production in Mexico. The Company owns and operates six producing silver mines; the La Parrilla, San Martin, La Encantada, La Guitarra, Del Toro, and the Santa Elena Silver Mine. |
Production in 2016 was 18.7 million eq/Ag, consisting of 11.9 million ounces of silver, 62,436 ounces of gold, 33.2 million pounds of lead and 10.6 million pounds of zinc.
FIRST MAJESTIC SILVER CORP. (NYSE:AG) (TSX:FR) (the "Company" or “First Majestic”) is pleased to announce the unaudited interim consolidated financial results of the Company for the second quarter ended June 30, 2017.
"SECOND QUARTER 2017 HIGHLIGHTS (compared to First Quarter 2017)
- Silver equivalent production decreased 9% to 3.9 million ounces
- Silver production decreased 16% to 2.3 million ounces
- All-in sustaining costs (“AISC”) increased 19% to $14.58 per payable silver ounce
- Revenues decreased 13% to $60.1 million