PRECIOUS METALS

First Majestic achieves silver-equivalent record

First Majestic Silver (TSX: FR) notched up record silver-equivalent production in 2018 and heralded successful cost-cutting measures, due to the silver price falling in the second half of the year.

Staff reporter
La Guitarra was mothballed as part of 2018 cost-cutting measures

La Guitarra was mothballed as part of 2018 cost-cutting measures

The company's production of 22.2 million ounces Ag-eq from its Mexican mines was a 37% increase on 2017, and at the upper end of its 20.5-22.6Moz Ag-eq guidance. However it did not meet its annual silver...

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