MAG Announces Second Quarter 2025 Production From Juanicipio
MAG Silver (NYSE: MAG) has reported Q2 2025 production results from its 56%-owned Juanicipio mine. The operation processed 343,000 tonnes of ore, maintaining nameplate capacity of 4,000 tonnes per day. Q2 production reached 4.3 million ounces of silver and 10,465 ounces of gold, with strong silver head grades of 417 g/t.
First half 2025 production totaled 8.8 million ounces of silver and 20,663 ounces of gold, positioning the company to meet full-year guidance. Lead and zinc production showed significant improvements, increasing 9.2% and 21.4% quarter-over-quarter respectively.
Tragically, the company reported a fatal incident at Juanicipio in July, prompting a full investigation and renewed focus on safety protocols.
MAG Silver (NYSE: MAG) ha comunicato i risultati di produzione del secondo trimestre 2025 dalla sua miniera Juanicipio, di cui detiene il 56%. L'impianto ha trattato 343.000 tonnellate di minerale, mantenendo la capacità nominale di 4.000 tonnellate al giorno. La produzione del secondo trimestre ha raggiunto 4,3 milioni di once d'argento e 10.465 once d'oro, con grade di testa d'argento elevati a 417 g/t.
La produzione del primo semestre 2025 ha totalizzato 8,8 milioni di once d'argento e 20.663 once d'oro, posizionando l'azienda per raggiungere le previsioni annuali. La produzione di piombo e zinco ha mostrato miglioramenti significativi, aumentando rispettivamente del 9,2% e del 21,4% rispetto al trimestre precedente.
Purtroppo, la società ha riportato un incidente mortale a Juanicipio a luglio, avviando un'indagine completa e un rinnovato impegno verso i protocolli di sicurezza.
MAG Silver (NYSE: MAG) ha informado los resultados de producción del segundo trimestre de 2025 de su mina Juanicipio, en la que posee el 56%. La operación procesó 343,000 toneladas de mineral, manteniendo la capacidad nominal de 4,000 toneladas diarias. La producción del segundo trimestre alcanzó 4.3 millones de onzas de plata y 10,465 onzas de oro, con altos grados de plata de 417 g/t.
La producción del primer semestre de 2025 totalizó 8.8 millones de onzas de plata y 20,663 onzas de oro, posicionando a la empresa para cumplir con la guía anual. La producción de plomo y zinc mostró mejoras significativas, aumentando un 9.2% y un 21.4% trimestre a trimestre, respectivamente.
Trágicamente, la compañía reportó un incidente fatal en Juanicipio en julio, lo que llevó a una investigación completa y a un renovado enfoque en los protocolos de seguridad.
MAG Silver (NYSE: MAG)는 56% 지분을 보유한 후아니시피오 광산의 2025년 2분기 생산 실적을 발표했습니다. 이 사업장은 343,000톤의 광석을 처리하며 일일 설계 처리량 4,000톤을 유지했습니다. 2분기 생산량은 430만 온스의 은과 10,465온스의 금에 달했으며, 은 품위는 417g/t로 우수했습니다.
2025년 상반기 생산량은 총 880만 온스의 은과 20,663온스의 금으로, 회사가 연간 목표를 달성할 수 있는 위치에 있습니다. 납과 아연 생산량은 각각 전분기 대비 9.2%와 21.4%씩 크게 증가했습니다.
안타깝게도, 회사는 7월 후아니시피오에서 발생한 치명적인 사고를 보고했으며, 이에 대한 전면적인 조사와 안전 프로토콜 강화에 집중하고 있습니다.
MAG Silver (NYSE : MAG) a annoncé les résultats de production du deuxième trimestre 2025 de sa mine Juanicipio, détenue à 56 %. L'exploitation a traité 343 000 tonnes de minerai, maintenant ainsi une capacité nominale de 4 000 tonnes par jour. La production du deuxième trimestre a atteint 4,3 millions d'onces d'argent et 10 465 onces d'or, avec des teneurs en argent élevées de 417 g/t.
La production du premier semestre 2025 s'est élevée à 8,8 millions d'onces d'argent et 20 663 onces d'or, positionnant la société pour atteindre ses objectifs annuels. La production de plomb et de zinc a connu des améliorations significatives, augmentant de 9,2% et 21,4% respectivement par rapport au trimestre précédent.
Tragiquement, la société a signalé un incident mortel à Juanicipio en juillet, ce qui a déclenché une enquête complète et un renforcement des protocoles de sécurité.
MAG Silver (NYSE: MAG) hat die Produktionszahlen für das zweite Quartal 2025 aus seiner zu 56 % gehaltenen Juanicipio-Mine veröffentlicht. Die Anlage verarbeitete 343.000 Tonnen Erz und hielt die Nennkapazität von 4.000 Tonnen pro Tag aufrecht. Die Produktion im zweiten Quartal erreichte 4,3 Millionen Unzen Silber und 10.465 Unzen Gold, mit starken Silbergehalten von 417 g/t.
Die Produktion im ersten Halbjahr 2025 belief sich auf insgesamt 8,8 Millionen Unzen Silber und 20.663 Unzen Gold, was das Unternehmen auf Kurs bringt, die Jahresprognose zu erfüllen. Die Produktion von Blei und Zink verbesserte sich deutlich und stieg im Quartalsvergleich um 9,2% bzw. 21,4%.
Tragischerweise meldete das Unternehmen im Juli einen tödlichen Vorfall in Juanicipio, was eine umfassende Untersuchung und eine erneute Fokussierung auf Sicherheitsprotokolle zur Folge hatte.
- None.
- Fatal safety incident occurred in July 2025
- Silver production decreased 12.8% year-over-year to 4.3M ounces
- Silver head grade declined 16.3% compared to Q2 2024
Insights
Juanicipio delivers solid Q2 production with strong polymetallic performance, despite tragic safety incident raising operational concerns.
The Q2 2025 production results from Juanicipio demonstrate operational consistency with the mill processing
What's particularly notable is the impressive performance in base metals production. Lead and zinc outputs increased by
However, the fatal safety incident reported in July represents a significant concern. Beyond the tragic human cost, such incidents typically trigger regulatory investigations and potential operational adjustments that could impact near-term production. While the press release indicates operations continue, enhanced safety protocols may temporarily affect productivity as the company implements corrective measures.
Year-to-date production of 8.8 million ounces of silver and 20,663 ounces of gold positions the operation to meet full-year guidance, though the
VANCOUVER, British Columbia, July 23, 2025 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” or “MAG Silver”) reports production from Juanicipio (
Safety incident: It is with deep sorrow that we confirm the tragic loss of a valued colleague in a fatal incident at Juanicipio in July. Our hearts go out to his family, friends, and teammates during this incredibly difficult time. Together with Fresnillo, we are offering our full support to those affected, including counseling services and other resources, and remain in close contact with the family to provide ongoing assistance. The safety and well-being of our people is our highest priority. Every team member deserves to return home safely at the end of each shift. In response to this tragedy, a full investigation was immediately launched to understand the circumstances surrounding the incident, and all relevant authorities were promptly notified. This loss is a stark and painful reminder of the critical importance of building a culture of safety in everything we do. We honour our colleague’s memory by strengthening our determination and processes to ensure that such a tragedy never happens again.
- Steady milling performance: The Juanicipio plant processed 343 thousand tonnes (“kt”) of ore in Q2, a slight increase over the prior quarter and consistent with nameplate capacity of 4,000 tonnes per day.
- Robust head grades: Silver head grade averaged 417 grams per tonne (“g/t”) during the quarter maintaining the top end of 2025 grade guidance with year-to-date silver head grade of 423g/t. Gold grades held steady, while lead and zinc grades improved materially, demonstrating the strength of Juanicipio’s polymetallic mineralization.
- Strong metal output: Preliminary Q2 production included 4.3 million ounces of silver and 10,465 ounces of gold. Lead and zinc production rose
9% and21% quarter-over-quarter, respectively. - H1 momentum maintained: First half 2025 production of 8.8 million ounces of silver and 20,663 ounces of gold positions Juanicipio well to meet full year production guidance. Comprehensive financial and operational results are expected to be released on August 11, 2025.
“Juanicipio continues to fire on all cylinders and continues to demonstrate its versatility as a high-quality, silver-dominant polymetallic operation,” said George Paspalas, MAG Silver’s President and CEO. “We delivered another strong quarter of consistent throughput, solid metal contributions, and silver grades right at the top end of our 2025 guidance range. However, the tragic fatality that occurred in July has deeply impacted all of us. While we are proud of the operational performance, our thoughts are foremost with the family, friends, and colleagues of our lost teammate. This painful loss reinforces the absolute importance of safety in everything we do. As we carry forward the positive momentum into the second half of the year, we do so with a renewed commitment to ensuring that every person goes home safely, every single day.”
Production highlights:
| Q2 2025 | Q1 2025 | % Chg | Q2 2024 | % Chg | H1 2025 | H1 2024 | % Chg | ||
| Milling | kt | 343 | 337 | 337 | 680 | 662 | |||
| Head grade | |||||||||
| Silver | g/t | 417 | 430 | - | 498 | - | 423 | 488 | - |
| Gold | g/t | 1.21 | 1.24 | - | 1.20 | 1.23 | 1.26 | - | |
| Lead | % | 1.71 | 1.61 | 1.56 | 1.66 | 1.45 | |||
| Zinc | % | 3.34 | 2.9 | 2.99 | 3.12 | 2.74 | |||
| Production | |||||||||
| Silver | koz | 4,345 | 4,469 | - | 4,984 | - | 8,814 | 9,429 | - |
| Gold | oz | 10,465 | 10,198 | 9,259 | 20,663 | 19,186 | |||
| Lead1 | klb | 11,545 | 10,576 | 9,956 | 22,121 | 18,664 | |||
| Zinc2 | klb | 20,506 | 16,894 | 18,850 | 37,399 | 33,502 |
1 Lead recovered to lead concentrate.
2 Zinc recovered to zinc concentrate.
Qualified Person: All scientific or technical information in this press release is based upon information prepared by or under the supervision of, or has been approved by Gary Methven, P.Eng., who is a “Qualified Person” for purposes of National Instrument 43-101, Standards of Disclosure for Mineral Projects (“National Instrument 43-101” or “NI 43-101”). Mr. Methven is not independent as he is Vice President, Technical Services of MAG.
About MAG Silver Corp. (www.magsilver.com)
MAG Silver Corp. is a growth-oriented Canadian mining and exploration company focused on advancing high-grade, district scale precious metals projects in the Americas. MAG is a top-tier primary silver mining company through its (
Neither the Toronto Stock Exchange nor the NYSE American has reviewed or accepted responsibility for the accuracy or adequacy of this press release, which has been prepared by management.
This release includes certain statements that may be deemed to be “forward-looking statements” within the meaning of the US Private Securities Litigation Reform Act of 1995 or “forward-looking information” within the meaning of applicable Canadian securities legislation (collectively, “forward-looking statements”). All statements in this release, other than statements of historical facts are forward looking statements, including statements regarding: provisional estimates relating to production at Juanicipio for Q2 2025, including anticipated silver head grade and processing rates of development materials, future mineral production, and events or developments; the release of more comprehensive cost and production guidance on the timeline contemplated herein, if at all; the long term potential of the Juanicipio project; and the anticipated future delivery of consistent performance, optimized costs and shareholder value. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe" and similar expressions. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Although MAG believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in the forward-looking statements identified herein include, but are not limited to, risks related to the control of Juanicipio cashflows and operations through a joint venture in which the Company is a non-operator; there being no guarantee of the surface rights for the Juanicipio property or in the Company’s ability to obtain and maintain all necessary licences and permits that may be required to carry out its business activities at the Juanicipio Mine; risks related to maintaining a positive relationship with the communities in which the Company operates; risks related to the Company’s decision to participate in the processing and production of the Juanicipio Mine; risks related to the limited operating history at Juanicipio; geotechnical risks associated with the operation of the Juanicipio Mine and related civil structures; labour risks; changes in applicable laws; risks to title, challenge to title or potential title disputes at Juanicipio; continued availability of capital and financing; and general economic, market or business conditions; political risk; currency risk; capital cost inflation and those other risks disclosed in MAG Silver’s filings with the Securities Exchange Commission and Canadian securities regulators. All forward-looking statements contained herein are made as at the date hereof and MAG Silver undertakes no obligation to update the forward-looking statements contained herein. There is no certainty that any forward-looking statement will come to pass, and investors should not place undue reliance upon forward-looking statements.
Please Note: Investors are urged to consider closely the disclosures in MAG's annual and quarterly reports and other public filings, accessible through the internet at www.sedar.com and www.sec.gov.
For further information on behalf of MAG Silver Corp. Contact Fausto Di Trapani, Chief Financial Officer Phone: (604) 630-1399 Website: www.magsilver.com Toll Free: (866) 630-1399 Email: info@magsilver.com
FAQ
What were MAG Silver's Q2 2025 production numbers from Juanicipio?
How did MAG Silver's H1 2025 production compare to H1 2024?
What was the silver head grade at MAG's Juanicipio mine in Q2 2025?
How much of Juanicipio does MAG Silver own?
When will MAG Silver release its full Q2 2025 financial results?
