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Standard & Poor's Initiates Factual Stock Report Coverage on First Majestic Silver Corp.

Publication: Mining & Minerals Business
Publication Date: 17-JUL-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Standard & Poor's announced that it has commenced Factual Stock Report coverage on First Majestic Silver Corp.

First Majestic Silver Corp. (TSX: FR) produces primarily silver and other metals, and develops, explores and acquires mineral properties with a focus on silver in Mexico. The company's silver-producing operations are carried out through three operating mines: the La Encantada, La Parrilla and San Martin Silver Mines.

The La Encantada Silver Mine is the company's largest producer of silver. It is a producing underground mine located in Northern Mexico in Coahuila State approximately a 1.5 hour flight from...

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