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First Majestic Silver points to higher costs in 2023

Toronto-listed First Majestic Silver has guided to higher 2023 all-in-sustaining costs (AISC) at its main operations in Mexico, highlighting that the industry continues to face inflationary pressures at the start of the new year.

Steven Swindells
First Majestic Silver sees inflationary pressures

First Majestic Silver sees inflationary pressures

First Majestic guided AISC for its Mexican operations at US$16.69-17.83 silver equivalent oz (EqAg oz), compared to its previous guidance of $15.48 EqAg oz and analysts' estimates of around $15.10 EqAg...

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