First Majestic to focus only on most profitable silver and gold mines

Following the suspension of high-cost lead and zinc mines, Mexico-focused miner First Majestic Silver is gearing up for a year in which the company will focus on cost reduction and innovation at its most profitable silver and gold mines. In 2020, First Majestic will produce between 11.8-million to 13.2-million ounces, with total production ranging between 21.5-million and 24-million silver-equivalent ounces.