
First Majestic Silver Corp., headquartered in Vancouver, British Columbia, is a prominent player in the mining sector, employing 5,131 full-time staff. Its core activities encompass the discovery, development, production, and acquisition of mineral resources, with a specific emphasis on silver output in Mexico. The company is actively dedicated to enhancing its current portfolio of mineral properties. Its operations are divided into eight distinct segments: six mining ventures located in Mexico (Santa Elena, La Encantada, La Parrilla, Del Toro, San Martin, and La Guitarra), a Canadian retail arm for coins and bullion, and a metal trading division in Europe handling silver sales. The company possesses and manages six active silver mines, including La Encantada, La Parrilla, Del Toro, San Martin, La Guitarra, and Santa Elena. Key subsidiaries contributing to its operations include First Majestic Plata, S.A. de C.V., Minera El Pilon, S.A. de C.V., Minera La Encantada, S.A. de C.V., Majestic Services, S.A. de C.V., Santa Elena Oro y Plata, S.A. de C.V., and FMS Trading AG.
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