First Majestic Silver Reports Increased Q2 Production

First Majestic Silver Reports Increased Q2 Production

First Majestic Silver (TSE:AG) has released an update.

First Majestic Silver Corp. reported a productive second quarter in 2024 with a total output reaching 5.3 million silver equivalent ounces, marking a 2% increase from the previous quarter. The improved production figures are attributed to robust performance at the Santa Elena and La Encantada mines, with notable advancements in water sourcing and processing rates. Additionally, the company is undertaking environmental initiatives, such as converting to Liquefied Natural Gas at San Dimas, to reduce carbon emissions.

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