First Majestic Reaches Purchase Deal for Silvermex
Mining Weekly reported that First Majestic (TSX:FR) will buy Silvermex (TSX:SLX) for $175 million.
Mining Weekly reported that First Majestic (TSX:FR) will buy Silvermex (TSX:SLX) for $175 million.
Reuters Africa reported that First Majestic's (TSX:FR) silver production increased by 8% in 2011.
By Melissa Pistilli-Exclusive to Silver Investing News The silver price endured further losses Monday brought on by the impact of a stronger dollar and cuts in crude oil. Precious metals price rallies are usually disrupted by gains in the dollar and easing oil, which reduce safe-haven investment appeal. Dollar strength has hit commodities across the [...]
First Majestic (TSE:FR) annouced today that it’s wholly owned sub, First Majestic Plata, SA de SV., was awarded a Clean Industry Certificate. The certificate was awarded by the Mexican Environmental Authority PROFEPA for the company’s activities at its La Parrilla Silver Mine. The press release states that voluntary audits were submitted for twenty-nine months to demonstrate [...]
First Majestic Silver (TSE:FR) announced today that they have closed the financing they announced on Feb. 19. CIBC World Markets, Blackmont Capital, GMP Securities, and Thomas Weisel Partners have invested over $21 million Canadian. The company said that the majority of the proceeds will be used for mill construction and mine improvements at the Company’s [...]
Overview First Majestic Silver Corp. is committed to building a senior Silver producing mining company based on an aggressive development and acquisition plan with a focus on Mexico. The Company presently owns or operates three silver mines in Mexico; the La Parrilla Silver Mine, the San Martin Silver Mine and the La Encantada Silver Mine. [...]
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