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First Majestic looks to ride silver wave

First Majestic Silver is looking to capitalise on the silver price rally, aiming to secure C$50 million (US$40 million) in funding to keep expanding its production base.

First Majestic looks to ride silver wave First Majestic looks to ride silver wave First Majestic looks to ride silver wave First Majestic looks to ride silver wave First Majestic looks to ride silver wave

First Majestic Silver plans to put the financing proceeds towards expanding output in Mexico

Inspired by a 22% year-to-date price rise – which has outpaced the 16% jump in gold prices and brought the gold:silver price ratio down to 1:73 from 1:76 at the end of 2015 – the Toronto and New