Higher grades lift First Majestic output to a record

Mexico-focused First Majestic has reported a record of 6.7-million ounces of silver equivalent production in the three months ended September, on the back of a full quarter of output from the San Dimas mine, along with higher silver and gold grades at five of the company’s six mines.

Total production was 31% higher than the prior quarter and consisted of 3.5-million ounces of silver, 35 260 oz of gold, 4.4-million pounds of lead and 1.2-million pounds of zinc.