Canadian silver mining company operating in Mexico
First Majestic Silver Corp.
Company type
Public
Traded as
TSX: FR NYSE: AG
Industry
Mining
Founded
2002
Founder
Keith Neumeyer
Headquarters
Vancouver
,
Canada
Key people
Robert A. McCallum Chair Keith Neumeyer Pres., CEO, director Raymond L. Polman CFO
Products
Silver Zinc Lead
Revenue
US$ 245.5 million [1]
Operating income
US$ (93) million [1]
Net income
US$ (61.5) million [1]
Total assets
US$ 771 million [1]
Total equity
US$ 520.5 million [1]
Number of employees
3,563 December 2012
Website
www.firstmajestic.com
First Majestic Silver Corp. is a Canadian silver-mining company that operates in Mexico and the United States. It has four producing mines under its control: San Dimas Silver/Gold Mine, Santa Elena Silver/Gold Mine, La Encantada Silver Mine, and Jerritt Canyon Gold Mine. First Majestic also produces and sells its own bullion rounds and bars (others produce and market bullion through private mints).
Total production in 2018 reached 22.2 million ounces (629,000 kg) of silver equivalents, including 11.7 million ounces of pure silver. According to the company, 2019 production from its seven mines is anticipated to be between 24.7 and 27.5 million ounces (700,000 and 779,600 kg) of silver equivalents, including 14.2 to 15.8 million ounces (447,922 kg) of pure silver.[2]
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"2014 Year End Financial Statements and Management Discussion & Analysis" (PDF). firstmajestic.com. First Majestic Silver Corp. 23 February 2015. Archived from the original (PDF) on 20 April 2015. Retrieved 20 May 2015.
^"First Majestic Produces a Record 22.2M Silver Eqv. Oz in 2018; Announces Higher 2019 Production Outlook & Conference Call Details" (PDF).
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