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First Majestic Resource Corp.
- Suite 1480 HSBC Building 885 West Georgia Street
- Vancouver, British Columbia
- V6C 3E8
- Phone: (604) 688-3033
- Website
Description
Globalization, greater ease of mobility and accessibility of information, and the availability of instant communications have made the world in which we operate seem smaller. The evolution of these elements in today's world means that individuals and organizations around the world are finding it easier to know about the activities of organizations in both nearby and distant locations. These factors provide the opportunity for organizations to benefit from learning new ways of doing things and solving problems. The mining industry is no different.
First Majestic is a mining company focused on silver production in México and is aggressively pursuing the development of its existing mineral property assets and the pursuit through acquisition of additional mineral assets which contribute to the Company achieving its corporate growth objectives. First Majestic owns five producing silver mines including the La Encantada Silver Mine, the La Parrilla Silver Mine, the San Martin Silver Mine, the La Guitarra Silver Mine and the Del Toro Silver Mine. First Majestic's largest operation is the La Encantada Silver Mine.
First Majestic brought a new application to dismiss the appeal which was heard by the Court of Appeal on April 8, 2014. On June 5, 2014, the Court of Appeal dismissed the appeal of Hector Santos and MMM, stating that the Court "will not condone breaches of its own orders". The Court also dismissed applications by Hector Santos and MMM seeking to have the Security Order varied or set aside.
Within the La Luz project, First Majestic also recognizes the need to protect the cultural heritage of the Huicholes, whose sacred ceremonial routes lie within the property. The Company has worked with government to ensure that operations on the property will not disturb these sacred zones.
First Majestic is a producing silver company focused on silver production in México and is aggressively pursuing the development of its existing mineral property assets and the pursuit through acquisition of additional mineral assets which contribute to the Company achieving its corporate growth objectives.