Video News/BMO Capital Markets 2025

First Majestic Silver: Gatos Silver acquisition and path to 50 million ounces

How will First Majestic Silver's acquisition of Gatos Silver impact the silver market? Kitco’s Senior Mining Editor and Anchor Paul Harris interviews Keith Neumeyer, President and CEO of First Majestic Silver, at the 2025 BMO Global Metals, Mining & Critical Minerals Conference. Neumeyer discusses First Majestic Silver's recent acquisition of Gatos Silver and its impact on their production, increasing it to approximately 32 million silver equivalent ounces per year. He also addresses the dynamics of the silver sector, including supply and demand, and expresses his belief in triple-digit silver prices in the future. Neumeyer shares insights on the company's performance, capital allocation strategy, and goals for the next five years, aiming to reach 50 million ounces of production.

Guests: Keith Neumeyer
Source: Kitco Mining
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