Five Silver Mines In Mexico
First Majestic’s Keith Neumeyer Talks Expansion and Consolidation
Kevin Michael Grace
February 11, 2013 - First Majestic Silver Corp T.FR announced January 25 initial production at its Del Toro Silver Mine in Zacatecas, Mexico. Underground development at Del Toro has produced 97,700 tonnes of stockpiled ore which supplies feed to the processing plant. Commercialization of the 1,000 tonnes per day (tpd) flotation circuit is anticipated by April 1, 2013. Phase-two startup is expected by July 1, 2013, when the mill is expected to run at a combined throughput rate of 2,000 tpd. The third, final phase of production (2,000 tpd flotation and 2,000 tpd cyanidation) is expected by 3Q 2014, when Del Toro is expected to become the company’s largest operation, producing approximately 6 million silver ounces per year and significant amounts of lead and zinc.
President/CEO Keith Neumeyer spoke to Kevin Michael Grace February 6, read the interview here.