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Juanicipio shines in new PEA

MAG Silver (CN:MAG) says strong margins drive the solid economics at its Juanicipio joint venture in Mexico as it released a new preliminary economic assessment for the silver project, outlining all-in sustaining costs of US$5.02 per ounce of silver for the expanded, 19-year project.

Juanicipio shines in new PEA Juanicipio shines in new PEA Juanicipio shines in new PEA Juanicipio shines in new PEA Juanicipio shines in new PEA

New PEA outlines negative cash costs for expanded silver project

The new PEA puts the initial capital cost at $360 million, with payback less than two years after plant start-up, not wildly higher than the 2012 PEA estimate of $302 million for a smaller, 2,650