Based on the Company’s existing streams and royalties and the year-to-date outperformance of gold prices relative to other commodities, attributable gold equivalent ounces for 2024 are forecasted to be between 70,000 and 75,000 ounces.
First Majestic Silver Corp. is pleased to announce the Company’s unaudited condensed interim consolidated financial results for the third quarter ended September 30, 2024.
“The quarter was challenging with multiple lost operating days due to severe weather at the Cosalá Operations and the decision to focus on development priorities to access high-grade silver ore early next year at the Galena Complex. The lack of operational flexibility with only one shaft available for ore and waste impacted production during the quarter. However, I am thoroughly excited for the future of the Company,” stated Americas President and CEO Darren Blasutti.
Mr. Balarezo continued, “The improved operating performance has already started to show lower costs, and during this period of rising metal prices, we are generating higher operating cash flows and improving our financial position. We continue to deliver on our plan to create value for all our stakeholders.”
Inomin Mines Inc. is pleased to announce a non-brokered private placement of securities to raise total gross proceeds up to $500,000.
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