PRECIOUS METALS

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 Silver's Jerritt Canyon in Nevada, USA

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. While mining activities have...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.