AG Profile
First Majestic Silver Corp. is a prominent player in the mining industry, specializing in the acquisition, exploration, development, and production of mineral properties across North America, with a primary focus on silver and gold extraction. The company's portfolio includes several key assets: the San Dimas Silver/Gold Mine in Durango and Sinaloa states, covering 71,868 hectares; the Santa Elena Silver/Gold Mine in Sonora spanning 102,244 hectares; and the Jerritt Canyon gold mine in Elko County, Nevada, covering approximately 30,821 hectares. These assets contribute significantly to its robust mineral production capabilities.
Additionally, First Majestic Silver Corp. owns the La Encantada Silver Mine in Coahuila, encompassing 4,076 hectares, and holds full ownership of the La Parrilla Silver Mine in Durango (69,478 hectares), the Del Toro Silver Mine in Zacatecas (consisting of 3,815 hectares of mining concessions and 219 hectares of surface rights), the San Martin Silver Mine in Jalisco (12,795 hectares), and the La Guitarra Silver Mine in Mexico, covering 39,714 hectares. These properties further enhance the company's operational footprint and contribute to its diversified mineral resource base.
Founded in 1979 and headquartered in Vancouver, Canada, First Majestic Silver Corp. was initially known as First Majestic Resource Corp. before rebranding in November 2006. The company continues to expand its mining operations and explore new prospects, including the Springpole project in Ontario, Canada, which spans approximately 41,913 hectares and focuses on gold and silver exploration. With its strategic acquisitions and ongoing exploration efforts, First Majestic Silver Corp. remains committed to sustainable mining practices and maximizing shareholder value through efficient mineral extraction and development.
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