Welcome to our dedicated page for First Majestic news (Ticker: AG), a resource for investors and traders seeking the latest updates and insights on First Majestic stock.
First Majestic Silver Corp. (AG) is a publicly traded mining company focused on silver and gold production, with operating underground mines in Mexico and development and exploration assets in Mexico and the United States. The news flow around First Majestic is driven by operational updates from its producing mines, exploration results, corporate transactions and financing activities.
Investors following AG news can expect regular production reports from the company’s four producing underground mines in Mexico: the Los Gatos Silver Mine (held through a 70% interest in the Los Gatos Joint Venture), the Santa Elena Silver/Gold Mine, the San Dimas Silver/Gold Mine and the La Encantada Silver Mine. These updates often detail silver and silver‑equivalent output, contributions from by‑product metals, and mine‑by‑mine performance.
First Majestic also issues exploration news, particularly from the Santa Elena district in Sonora, Mexico, where it has reported discoveries and drilling progress at targets such as Santo Niño, Navidad and the Luna Zone. Additional exploration updates come from San Dimas, Los Gatos, La Encantada and the Jerritt Canyon Gold project in Nevada, reflecting the company’s focus on resource growth and mine life extension.
Corporate and capital markets developments feature prominently in AG news releases. Recent examples include the acquisition and integration of Gatos Silver, Inc., the proposed sale of the past‑producing Del Toro Silver Mine to Sierra Madre Gold & Silver Ltd., offerings and pricing of unsecured convertible senior notes due 2031, and early‑warning reports related to changes in equity positions in other mining companies.
Dividend declarations, share repurchase program announcements on the Toronto Stock Exchange, and disclosures on safety performance and ESG ratings also appear in the company’s news. For investors and analysts, the AG news page provides a centralized view of production trends, exploration milestones, balance sheet actions and other material events affecting First Majestic Silver Corp.
First Majestic Silver (NYSE:AG) reported record-breaking Q2 2025 financial results, with revenue surging 94% year-over-year to $264.2 million. The company achieved significant production growth, with silver equivalent production increasing 48% to 7.9 million ounces. Net earnings reached $56.6 million (EPS: $0.11), a dramatic improvement from a $48.3 million loss in Q2 2024.
Key financial highlights include record EBITDA of $119.9 million and record free cash flow of $77.9 million. The company's treasury position reached an all-time high of $510.1 million, with working capital of $444.1 million. The average realized silver price increased 24% to $34.62 per ounce.
First Majestic declared a quarterly dividend of $0.0048 per share, payable on September 15, 2025, and achieved Prime ESG investment status from ISS ESG, ranking in the top 26% of mining companies for sustainability.
First Majestic Silver (NYSE:AG) has announced its upcoming second quarter 2025 earnings conference call and webcast details. The event will take place on Thursday, August 14, 2025, at 8:30 a.m. PT / 11:30 a.m. ET, which is 30 minutes later than previously scheduled.
The company will release its Q2 2025 results and updated 2025 guidance before markets open on the same day. The conference call will be accessible via toll-free numbers for multiple countries, and participants are advised to dial in 15 minutes before the start. A webcast replay and telephone replay will be available following the event.
First Majestic Silver (NYSE:AG) reported strong Q2 2025 production with 7.9 million silver equivalent ounces, a 48% increase year-over-year. Production included 3.7 million silver ounces (up 76% Y/Y) and 33,865 gold ounces.
The company has positively revised its 2025 guidance, now expecting 30.6-32.6 million AgEq ounces, a 7% increase from previous guidance. Production improvements were seen across all mines, with Los Gatos, Santa Elena, and San Dimas exceeding expectations. The capital budget was increased by 7% to $193 million to support growth initiatives.
Cash costs are projected to improve to $13.94-$14.37 per ounce, while AISC is expected at $20.02-$20.82 per AgEq ounce.
First Majestic Silver Corp. (NYSE: AG) has announced its upcoming Annual General Meeting of Shareholders (2025 AGM) scheduled for Tuesday, May 20, 2025, at 10:00 a.m. (Pacific Time) in Vancouver. The Board unanimously recommends shareholders vote FOR all resolutions. The record date for voting eligibility was March 31, 2025, with a proxy voting deadline of May 15, 2025.
Registered shareholders unable to attend can vote by mail, courier, facsimile, telephone, or online through Computershare. Non-registered shareholders may participate through proxyholder or intermediaries. The company has retained Kingsdale Advisors to assist shareholders with voting, accessible via toll-free numbers or email.
First Majestic Silver Corp. (AG) has released its 2024 Sustainability Report and announced its 2025 Annual General Meeting (AGM) details. The report highlights significant achievements in sustainability performance during 2024, including:
- Record safety performance with 48% reduction in TRIFR and 70% reduction in LTIFR
- Employee development with 16 inter-company transfers and 67 promotions
- 33% annual reduction in carbon footprint per tonne of ore processed
- US$1.2 million investment in community projects
- Improved ESG rankings, placing in top 20% of mining industry by ISS ESG
The 2025 AGM will be held on May 20, 2025, at 10:00 a.m. (Pacific Time) in Vancouver. The company has adopted the notice and access model for delivering meeting materials to shareholders of record as of March 31, 2025, promoting environmental sustainability by reducing paper usage.
First Majestic Silver (NYSE: AG) reported record Q1 2025 production with 7.7 million silver equivalent ounces, including an all-time high of 3.7 million silver ounces, representing an 88% year-over-year increase. The production included 36,469 gold ounces, 12.5 million pounds of zinc, and 7.5 million pounds of lead.
The significant growth was driven by the inclusion of the Cerro Los Gatos Silver Mine (70% interest), which now accounts for nearly 30% of the company's production portfolio. Notable improvements were also seen at San Dimas with a 17% increase in silver production. The company maintained strong safety performance with a 65% improvement in Total Reportable Incident Frequency Rate compared to Q1 2024.
Operations across all four Mexican mines showed robust performance, with San Dimas nearing completion of its conversion to LNG generators, expected to reduce carbon emissions by up to 25% when backup power is required. The company conducted extensive exploration with 61,219 metres of drilling across its mines using 28 drill rigs.
First Majestic Silver Corp. (NYSE: AG) has announced record mineral resource levels and significant year-over-year mineral reserves growth for 2024. The company reported a 45% increase in silver equivalent (AgEq) Proven and Probable Reserves, reaching 177.6 million AgEq ounces, consisting of 86.8 million ounces of silver and 594,000 ounces of gold.
Key highlights include:
- 25% increase in Measured & Indicated Resources to 434.2 million AgEq ounces
- 23% increase in Inferred Resources to 350.3 million AgEq ounces
- Completion of 182,909 metres of exploration drilling in 2024
- Strategic acquisition of Gatos Silver, including 70% interest in Cerro Los Gatos Silver Mine
- Discovery of the Navidad deposit at Santa Elena, adding 29.7 million AgEq ounces to Inferred Resources