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First Majestic suspends Jerritt Canyon

Shares of First Majestic Silver fell 16% in after-hours trading Monday, after the company halted operations at its Jerritt Canyon gold mine in Nevada, US.

First Majestic suspends Jerritt Canyon First Majestic suspends Jerritt Canyon First Majestic suspends Jerritt Canyon First Majestic suspends Jerritt Canyon First Majestic suspends Jerritt Canyon

First Majestic Silver's Jerritt Canyon in Nevada, USA

The company said it has been unable to feed the processing plant at a minimum of 3000tpd sustainably, and so its cash costs per ounce have remained higher than anticipated.