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Stock Market & Financial Investment News

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July 14, 2014
07:02 EDTAGFirst Majestic announces 3.86M silver eqv. ounces produced in Q2
First Majestic announced that total production at its five operating silver mines in Mexico for the second quarter reached a new quarterly record of 3,855,224 equivalent ounces of silver, representing an 18% increase compared to the same quarter in 2013. Total silver production for the quarter consisted of 3,098,218 ounces of silver, representing an increase of 12% compared to the same quarter in 2013. In addition, 9,131,149 pounds of lead and 2,637,967 pounds of zinc were produced, representing an increase of 54% and a decrease of 9%, respectively, compared to the same quarter of the previous year. Also produced were 2,801 ounces of gold, representing an increase of 40% compared to the second quarter of 2013. The total ore processed during the quarter at the Company's five operating silver mines: La Encantada, La Parrilla, Del Toro, San Martin and La Guitarra, amounted to 671,024 tonnes, reflecting no significant variation year-over-year and represents a 5% increase over the previous quarter.
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October 14, 2014
07:08 EDTAGFirst Majestic reports Q3 silver production in Mexico up 5% YoY
First Majestic Silver announced that total production at its five operating silver mines in Mexico for the Q3 ending September 30 reached 3,523,536 equivalent ounces of silver, representing a 5% increase compared to the same quarter in 2013. Total silver production for the quarter consisted of 2,680,439 ounces of silver, relatively unchanged compared to the same quarter in 2013. In addition, 9,703,792 pounds of lead and 3,222,877 pounds of zinc were produced, representing an increase of 14% and 44%, respectively, compared to the same quarter of the previous year. Also produced were 2,781 ounces of gold, representing a 5% decrease compared to the Q3 of 2013.

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