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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 8 sources · 19 days · First seen · Last updated
First Majestic Silver operations in Mexico
Overview
First Majestic Silver initially reported positive exploration results from its 2026 drilling program at the San Dimas silver/gold mine in Durango, Mexico. The company identified high-grade silver and gold sections at the Convención and El Cristo areas, aiming to expand the district’s exploration profile.
By late September, the company’s efforts to drive production growth and capital investment faced operational challenges due to labor unrest at the San Dimas site. Workers initiated a strike on September 19, citing disputes over safety, working conditions, contract extensions for external providers, and unpaid productivity bonuses. Additionally, tensions emerged at the Tayoltita site regarding the withdrawal of contractor equipment.
Entities
San Dimas · First Majestic Silver Corp. · Jerritt Canyon · First Majestic Silver · Durango
Timeline
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[BUSINESS] 2 sourcesFirst Majestic Silver targets production growth amid Mexican labor strikes
First Majestic Silver plans to expand production and restart its Jerritt Canyon mine, even as labor strikes at its San Dimas and Tayoltita sites in Mexico disrupt operations.
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[BUSINESS] 7 sourcesFirst Majestic Silver reports high-grade drilling results at San Dimas
First Majestic Silver Corp. reported high-grade silver and gold drilling results at its San Dimas mine in Durango, Mexico, expanding its exploration profile for the 2026 program.
Sources
ad-hoc-news.de · kapitalmarktexperten.de · mittelstandcafe.de · nexora.es · outletminero.org · presse-control.de · presseradar.de · stocknews.com