First Majestic Silver Corp (AG)

Nov 12, 2026

First Majestic Silver Corp. has provided an update on its plan to restart the Jerritt Canyon gold mine in Nevada, supported by positive drill results suggesting potential for an open-pit operation. The company is investing $75 million in 2026, with production expected to begin in the second half of 2027, focusing on a new VRM circuit and leveraging an expanded mineral resource base of 4.1 million gold ounces.

Nov 12, 2026

First Majestic Silver (NYSE: AG) (TSX: AG) announced promising drill results from the Saval area of its Jerritt Canyon gold mine, including 4.24 g/t gold over 48.8 metres, supporting its use as an open pit mill feed. The company also provided an update on the Jerritt Canyon restart, confirming it is on track for resumed production in the second half of 2027 with significant progress in underground development and processing plant upgrades. This restart plan involves owner-operated mining and a US$75 million capex for 2026, aiming to leverage the property's substantial gold resources.

Nov 12, 2026

First Majestic Silver Corp. announced positive drill results from its 2026 exploration program at the Jerritt Canyon Gold Mine in Nevada, with near-surface drilling at Saval showing significant gold intercepts supporting potential open-pit operations. The company is advancing its restart plan for Jerritt Canyon, targeting the second half of 2027, with ongoing underground development, critical plant upgrades, and investments in a vertical roller mill to improve efficiency and throughput. These efforts, combined with strategic land acquisition and forthcoming technical reports, aim to establish sustained, long-term production through a combined underground and open-pit approach.

Nov 5, 2026

First Majestic Silver reported a 38% year-over-year increase in Q3 revenue to US$394.1 million, driven by higher realized silver and gold prices, despite a one-time US$30.7 million expense for a tax dispute settlement. Net earnings attributable to shareholders rose significantly to US$74.5 million. The company's financial strength is supported by three producing operations, even as it addresses a labor disruption at San Dimas.

Nov 5, 2026

First Majestic Silver Corp. (NYSE: AG) stock declined on Thursday after reporting mixed third-quarter results, with revenue missing estimates and production impacted by a labor dispute at its San Dimas mine. Despite a 38% increase in revenue year-over-year due to higher metal prices and adjusted earnings matching analyst expectations, silver production fell 11%. The unresolved labor standoff, which caused 12 lost production days, is centered on a union demand for the company to cover 100% of workers' income taxes on bonuses.

Nov 5, 2026

First Majestic Silver reported strong Q3 2026 financial results, with revenues up 38% year-over-year to $394 million and EBITDA increasing 78% to $228 million. The company achieved robust silver and gold production, actively engaged in exploration, and made progress on Mexican tax issues, including dropping a NAFTA case. Strategic initiatives like the Santa Elena plant expansion and Santo Nino portal development are advancing, while labor disruptions at San Dimas pose ongoing operational challenges.