First Majestic Silver Corp Beats Annual, Quarterly Silver Production

First Majestic Silver Corp. (TSX:FR,NYSE:AG) announced fourth quarter and full year 2012 production results, including annual and quarterly production records.

As quoted in the press release:


  • Total production increased by 5% to a new quarterly record of 2.6 million silver equivalent ounces
  • Total silver production increased by 5% to a new quarterly record of 2.3 million ounces
  • Silver production amounted to 90% of total metal production in the fourth quarter
  • A new yearly record of 9.1 million silver equivalent ounces were produced representing a 20% increase from 2011

First Majestic’s President and CEO, Keith Neumeyer, said:

Another great year which marked our ninth year of consecutive record growth in silver production. Our team once again deserves recognition of this great achievement.

To view the full press release, click here.

Get the Latest Silver Investing Stock Information

Get the latest information about companies associated with Silver Investing delivered directly to your inbox.

Silver $0-15m
Silver $15-50m
Silver $250m+
Silver $50-250m

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Silver-eBook-Cover-smallSilver Investing News Free Exclusive Report: When Will Silver Go Up: Is the Highest Price of Silver Still to Come? Here’s a look at all the major catalysts that are expected to affect the silver price brought to you by Investing News - Bringing you unbiased news, education and helping investors realize their financial goals

Leave a Reply