MAG Silver Corp. is pleased to announce that commercial production has been achieved at the Juanicipio Project and MAG, respectively) effective June 1, 2023. Following a successful commissioning period, the Juanicipio mine, processing facility and other vital systems are operating in line with, or rapidly approaching design capacity. The Juanicipio [...]
MAG Silver Corp. announces the Company's unaudited financial results for the three months ended March 31, 2023. For details of the unaudited condensed interim consolidated financial statements and Management's Discussion and Analysis for the three months ended March 31, 2023, please see the Company's filings on SEDAR or on EDGAR . All amounts [...]
MAG Silver Corp. is pleased to announce the appointment of Gary Methven as Vice President: Technical Services effective May 1, 2023, and the promotion of Jill Neff to Vice President: Governance and Company Secretary effective immediately. Mr. Methven is a skilled mining professional with experience in the mining industry spanning three decades. His [...]
MAG Silver Corp. reports production from the Juanicipio Project and MAG, respectively) for the first quarter ending March 31, 2023. March 2023 marked a significant achievement for Juanicipio as it produced and sold its first commercial lead and zinc concentrates. In addition to the initiation of feed to the Juanicipio mill, surplus mineralized [...]
MAG Silver Corp. is pleased to announce that it has been informed by Fresnillo Plc , the operator of the Juanicipio Mine , that concentrate production at the high-grade Juanicipio Mine has commenced with the shipment of its first commercial lead and zinc concentrates in late March 2023. Regular concentrate shipments have commenced and are planned [...]
MAG Silver Corp. announces the Company's audited consolidated financial results for the year ended December 31, 2022. For details of the audited consolidated financial statements, Management's Discussion and Analysis, Annual Information Form and Annual Report on Form 40-F for the year ended December 31, 2022, please see the Company's filings on [...]
MAG Silver Corp. announced today that it has completed its previously announced bought deal private placement and has issued 969,450 common shares on a "flow-through basis" ) , including 126,450 Flow-Through Shares issued upon the full exercise of a 15% over-allotment option, at a price of C$23.75 per Flow-Through Share for aggregate gross proceeds [...]
MAG Silver Corp. announced today that it has completed its previously announced bought deal public offering and has issued 2,905,000 common shares , including 170,000 Common Shares issued upon the partial exercise of the over-allotment option, at a price of US$14.65 per Common Share for gross proceeds of US$42,558,250 . MAG intends to use the net [...]
MAG Silver Corp. announced today that it is has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets and Raymond James Ltd. under which the Underwriters have agreed to buy on a bought deal basis 2,735,000 common shares at a price of US$14.65 per Common Share for gross proceeds of approximately US$40 million . The [...]
MAG Silver Corp. reports production from the Juanicipio Project and MAG, respectively) for the fourth quarter ending December 31, 2022 and full year 2022. As reported to MAG by the project operator Fresnillo, 165,786 tonnes of mineralized material from both underground development and initial stopes were processed during the three months ended [...]
MAG Silver Corp. reports results from six completed holes in surface-based Phase 2 drilling on its Deer Trail Carbonate Replacement Deposit Project in central Utah, USA . The highlight is the discovery of the "Carissa" zone found in aggressive step-outs drilled 1 km to the southwest of the "Deer Trail Mine Corridor". Discovery Hole DT22-09 cut the [...]
MAG Silver Corp. reports that it has received confirmation from Fresnillo Plc , the operator of the Juanicipio Project , that final testing of the downstream power distribution and control systems at the Project is now complete. The entire system has now been energized and Juanicipio has been connected to the national power grid. We have been [...]