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MAG Silver Up 1% In US Premarket As Reports Q2 Production at Juanicipio Mine in Mexico
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MAG Silver Up 1% In US Premarket As Reports Q2 Production at Juanicipio Mine in Mexico
Jul 23, 2025 5:10 AM

07:59 AM EDT, 07/23/2025 (MT Newswires) -- MAG Silver ( MAG ) traded 1% higher and nearer 52 week highs levels at last look Wednesday on the NYSE American as the company reported second-quarter production results from the Juanicipio mine in Mexico.

Silver production dropped 12.8% to 4.3 million ounces from 5.0 million ounces while gold production rose 13% to 10,465 ounces from 9,259 ounces.

Lead output jumped 16% to 11.5 million pounds from 10.0 million pounds and zinc output was up 8.8% to 20.5 million pounds from 18.9 million pounds.

"Juanicipio continues to fire on all cylinders and continues to demonstrate its versatility as a high-quality, silver-dominant polymetallic operation," said George Paspalas, MAG Silver's ( MAG ) president and CEO. "We delivered another strong quarter of consistent throughput, solid metal contributions, and silver grades right at the top end of our 2025 guidance range."

MAG owns 44% of Juanicipio and Fresnillo owns 56%.

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