First Majestic Silver (NYSE:AG) Quarter Results
The Highlights
- Total production in the second quarter of 2018 from its seven operating silver mines reached a new Company record of 5.1 million equivalent ounces of silver. Total production consisted of 2.8 million ounces of silver, 25,449 ounces of gold, 3.9 million pounds of lead and 1.4 million pounds of zinc.
-The Company has increased its 2018 annual silver production to a new range of 12.0 to 13.2 million ounces, or 20.5 to 22.6 million silver equivalent ounces primarily due to the addition of the San Dimas Silver/Gold mine which was acquired on May 10, 2018. This compares to the previous annual production guidance of 10.6 to 11.8 million ounces of silver, or 15.7 to 17.5 million silver equivalent ounces.
Link to full release
https://www.firstmajestic.com/_resources/news/2018-07-16.pdf