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BRIEF-First Majestic Silver Anticipates 2019 Total Production To Range Between 24.7 To 27.5 Mln Silver Equivalent Ounces

Published 2019-01-14, 07:13 a/m
Updated 2019-01-14, 07:20 a/m
BRIEF-First Majestic Silver Anticipates 2019 Total Production To Range Between 24.7 To 27.5 Mln Silver Equivalent Ounces

Jan 14 (Reuters) - First Majestic Silver Corp FR.TO :

* FIRST MAJESTIC PRODUCES A RECORD 22.2M SILVER EQV. OZ IN 2018; ANNOUNCES HIGHER 2019 PRODUCTION OUTLOOK & CONFERENCE CALL DETAILS

* FIRST MAJESTIC SILVER - ANTICIPATES 2019 TOTAL PRODUCTION WILL RANGE BETWEEN 24.7 TO 27.5 MILLION SILVER EQUIVALENT OUNCES

* FIRST MAJESTIC SILVER CORP - IN 2019, EXPECTS A 28% INCREASE IN SILVER PRODUCTION AND AN 18% INCREASE IN TOTAL PRODUCTION WHEN COMPARED TO 2018

* FIRST MAJESTIC SILVER - TOTAL ORE PROCESSED DURING QUARTER AT CO'S SILVER MINES AMOUNTED TO 850,272 TONNES, DOWN 2% COMPARED TO PREVIOUS QUARTER

* FIRST MAJESTIC SILVER - INITIATED STAFF REDUCTION OF ABOUT 250 EMPLOYEES AT DEL TORO AS A RESULT OF LOWER PRODUCTION RATE AND REDUCED INVESTMENTS

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