First Majestic Releases 2021 Sustainability Report

First Majestic Silver Corp. (NYSE: AG) (TSX: FR) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce the release of its 2021 Sustainability Report summarizing the Company's Environmental, Social and Governance ("ESG") performance. The Sustainability Report and the Company's performance indicators follow the Global Reporting Initiative and Sustainability Accounting Standards Board metrics. The report is available for review under the Corporate Responsibility section of First Majestic's website (www.firstmajestic.com).

"In 2021, First Majestic achieved record production of 26.9 million silver equivalent ounces representing a 32% increase compared to the previous year. This record was in part due to our focus on responsible and sustainable mining integrated with our vision to become the world's largest primary silver producer," stated Keith Neumeyer, President and CEO. "I strongly believe that our efforts in 2021 demonstrated our commitment to sustainability and to improving lives and communities in our host regions while increasing shareholder value, as well as driving positive changes for society and delivering long-term benefits for all First Majestic stakeholders."

First Majestic is integrating sustainable practices and programs across its operations. In May of this year, the Board of Directors created a new environmental, social, health and safety committee (the "ESHS Committee"). The goal of the ESHS Committee is to monitor, assess and make recommendations to the Board on sustainability matters. Board director, Jean des Rivières serves as Chair of the ESHS Committee and is joined by directors, Marjorie Co and Raymond Polman.

2021 ESG Highlights

  • Overall safety key performance indicators improved across our Mexican operations in 2021. Year-over-year, the Total Recordable Incident Rate decreased from 0.95 to 0.93 and Total Lost Injury Time decreased from 0.31 to 0.23.
  • Throughout the ongoing COVID-19 pandemic, we maintained a similar sized workforce in 2021 when compared to 2020. The construction of the dual-circuit plant at Santa Elena and the ramp-up of the nearby Ermitaño mine opened more than 500 new direct and indirect jobs. The majority of these jobs were filled from communities in the state of Sonora. At the Jerritt Canyon operation in Nevada, approximately 290 direct employees and 270 indirect employees were integrated following the Company's acquisition on April 30, 2021. As of December 31, 2021, First Majestic employed a total of 5,287 people, consisting of 3,055 employees and 2,232 contractors.
  • We continued our commitment to Equity, Diversity and Inclusion across our workforce. In 2021, approximately 19% of our new hires were women. Women now account for approximately 12% of our full-time and direct employees, 43% of our Board of Directors, and 40% of our executive officers.
  • Last year, First Majestic advanced the transition from diesel fuel to clean-burning liquefied natural gas ("LNG") at Santa Elena. This transition reduced our overall annual greenhouse gas emissions by approximately 17% between 2019 and 2021. Today, our Mexican operations are 40% powered by LNG, up from 16% five years ago.
  • No environmental mine tailings incidents were reported across all operational and non-operational mines. First Majestic differentiates itself from many other mining companies as tailings are dry stacked at all our Mexican operations.
  • In 2021, total community investments reached US$3.0 million, a 36% increase compared to 2020. Access to clean water, irrigation, health services, education programs, economic diversification and culture initiatives remained our local stakeholders' priorities, and First Majestic is pleased to support them. The Company has also increased its resources dedicated to the COVID-19 community response by more than 50% to approximately $445,000.

ABOUT FIRST MAJESTIC

First Majestic is a publicly traded mining company focused on silver and gold production in Mexico and the United States. The Company presently owns and operates the San Dimas Silver/Gold Mine, the Jerritt Canyon Gold Mine, the Santa Elena Silver/Gold Mine and the La Encantada Silver Mine.

First Majestic is proud to offer a portion of its silver production for sale to the public. Bars, ingots, coins and medallions are available for purchase online at its Bullion Store at some of the lowest possible premiums.

FOR FURTHER INFORMATION contact info@firstmajestic.com, visit our website at www.firstmajestic.com or call our toll-free number 1.866.529.2807.

FIRST MAJESTIC SILVER CORP.

"signed"

Keith Neumeyer, President & CEO

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/133083

News Provided by Newsfile via QuoteMedia

FR:CA,AG
The Conversation (0)
First Majestic Announces Ticker Symbol Change on the Toronto Stock Exchange to "AG"

First Majestic Announces Ticker Symbol Change on the Toronto Stock Exchange to "AG"

First Majestic Silver Corp. (NYSE: AG) (TSX: FR) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce that effective as of market open Monday, May 27, 2024, First Majestic's stock ticker symbol on the Toronto Stock Exchange (the "TSX") will change from "FR" to "AG".

As a result of this change, "AG" will now be the ticker symbol for First Majestic's common shares listed in Canada on the TSX, and in the United States on the New York Stock Exchange (the "NYSE"), allowing for enhanced, harmonized brand alignment within the Canadian and United States capital markets. The Company's ticker symbol on the Frankfurt Stock Exchange remains "FMV".

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
First Majestic Announces Voting Results from Annual General Meeting

First Majestic Announces Voting Results from Annual General Meeting

First Majestic Silver Corp. (NYSE: AG) (TSX: FR) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce the voting results for its Annual General Meeting of Shareholders held on Thursday, May 23, 2024 in Vancouver, British Columbia (the "2024 AGM"). Each of the matters that were voted upon at the 2024 AGM are described in detail in the Company's Management Information Circular dated April 11, 2024 (the "Circular"), which is available at www.firstmajesticagm.com.

A total of 120,646,090 common shares of First Majestic were represented at the 2024 AGM, being 42% of the Company's issued and outstanding common shares as at the record date. Shareholders voted in favour of all matters brought before the 2024 AGM, and the specific voting results were as follows:

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

SilverCrest Reports Third Quarter 2024 Financial Results

Strong Free Cash Flow Continues, Supporting 29% Growth in Treasury Assets

TSX: SIL | NYSE American: SILV

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

MAG Silver Reports Third Quarter Financial Results

MAG Silver Corp. (TSX NYSE American: MAG) ("MAG", or the "Company") announces the Company's unaudited consolidated financial results for the three months ended September 30, 2024 ("Q3 2024"). For details of the unaudited condensed interim consolidated financial statements of the Company for the three and nine months ended September 30, 2024 ("Q3 2024 Financial Statements") and management's discussion and analysis for the three and nine months ended September 30, 2024 ("Q3 2024 MD&A"), please see the Company's filings on the System for Electronic Document Analysis and Retrieval Plus ("SEDAR+") at ( www.sedarplus.ca ) or on the Electronic Data Gathering, Analysis, and Retrieval ("EDGAR") at ( www.sec.gov ).

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Wooden blocks with check mark on them.

Pan American Silver Releases Quarterly Results, Gets Canada's Approval for La Arena Sale

Pan American Silver (TSX:PAAS,NASDAQ:PAAS) said on Tuesday (November 5) that it has received final regulatory approval from the Canadian government for the sale of its La Arena assets in Peru.

The company is selling the La Arena gold mine and development-stage La Arena II copper-gold project to Jinteng (Singapore) Mining, a subsidiary of Zijin Mining Group (OTC Pink:ZIJMF,HKEX:2899).

Under the terms of the deal, Zijin will pay US$245 million in cash for the properties. Pan American will also receive a 1.5 percent life-of-mine net smelter return royalty on gold production from La Arena II.

Keep reading...Show less

First Majestic Announces Financial Results for Q3 2024 and Quarterly Dividend Payment

First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce the Company's unaudited condensed interim consolidated financial results for the third quarter ended September 30, 2024. The full version of the financial statements and the accompanying management's discussion and analysis can be viewed on the Company's website at www.firstmajestic.com or on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.govedgar. All amounts are in U.S. dollars unless stated otherwise.

THIRD QUARTER HIGHLIGHTS

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×