First Majestic.- Economics Trigger Temporary Shutdown of Silver Mine

Economics triggers temporary shutdown of Canadian-owned silver mine

The Canadian mining firm First Majestic Silver Corporation has announced the temporary suspension of work at its México state silver mine La Guitarra, located in the municipality of Temascaltepec.

The suspension is scheduled to start on August 1 and will continue until economic conditions improve or the property is sold.

The company said the allocation of capital and resources to projects with better economics were taking priority.

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