Welcome to our dedicated page for Mag Silver news (Ticker: MAG), a resource for investors and traders seeking the latest updates and insights on Mag Silver stock.
MAG Silver Corp (MAG) is a leading explorer and producer focused on high-grade silver mining projects across the Americas. This page aggregates all official company announcements, press releases, and operational updates for investors tracking precious metals sector developments.
Access timely information on MAG Silver's exploration progress, joint venture milestones, and production results from key assets like the Juanicipio mine. The curated news feed covers earnings reports, resource estimates, leadership updates, and strategic partnerships critical for evaluating the company's performance.
All content is sourced directly from MAG Silver's disclosures and verified third-party coverage. Bookmark this page to monitor Mexico-focused silver mining operations, project expansions, and industry developments through a single authoritative channel.
MAG Silver Corp. (MAG) announced its Q1 2023 production results from the Juanicipio Project, where it owns 44%. In March 2023, the project achieved a milestone by producing and selling its first commercial lead and zinc concentrates. A total of 222,023 tonnes of mineralized material were processed, yielding approximately 2.25 million silver ounces and 6,047 gold ounces. The Juanicipio mill reached an average processing rate of 2,476 tonnes per day, with high grades introduced, significantly improving recovery rates. The company is focused on achieving commercial production at full capacity of 4,000 tonnes per day, aiming for consistent and improved operational performance. Full financial results are expected on May 10, 2023.
MAG Silver Corp. (NYSE American: MAG) has announced the commencement of concentrate production at the Juanicipio Mine, following the shipment of its first commercial lead and zinc concentrates in late March 2023. The construction phase is substantially complete, and the process plant has successfully entered commissioning. During March, milling rates averaged 60% of design capacity, processing up to 2,476 tonnes per day, with peaks reaching 3,900 tonnes. Recovery rates for silver from lower-grade commissioning material averaged 84%, slightly above expectations. The Company anticipates these rates will improve as operations ramp up. MAG aims for Juanicipio to become a significant contributor to its cash flow and the regional economy.
FAQ
What is the current stock price of Mag Silver (MAG)?
What is the market cap of Mag Silver (MAG)?
