First Majestic's outstanding sustainability practices recognized in Mexico
(Kitco News) - First Majestic Silver (AG: NYSE; FR: TSX) announced Friday that its three operating mines in Mexico, the San Dimas silver/gold mine, the Santa Elena silver/gold mine and La Encantada silver mine have all been awarded with the 2021 Socially Responsible Business Distinction Award, also known as the Empresa Socialmente Responsable Award, for best sustainability practices.
The company said that this award recognizes First Majestic for its corporate ethics and good governance practices and also recognizes the company for its dedication to the social and environmental landscapes in which it operates.
The San Dimas operation, located in the state of Durango, received the award for the tenth consecutive year; the Santa Elena operation, located in the state of Sonora, received the award for the seventh consecutive year; and the La Encantada operation, located in the state of Coahuila, received the distinction for the first time.
"I am proud of First Majestic's commitment to positive and long-lasting impact across the communities where we work," said President and CEO Keith Neumeyer. "Social management is a core tenet of the company and it is continually ingrained in our operations."
First Majestic is a publicly traded mining company focused on silver production in Mexico and is aggressively pursuing the development of its existing mineral property assets. Production from three mines owned by the company is projected to be between 12.5 to 13.9 million silver ounces or 20.6 to 22.9 million silver equivalent ounces in 2021.