joe_techi
1 year ago
Yikes, inflation effects?
First Majestic Temporarily Suspends Mining Activities at Jerritt Canyon
"The decision to temporarily suspend mining activities at Jerritt Canyon, which represented approximately 21% of the Company's 2022 revenue, was driven by our goal to produce profitable ounces across the Company," stated Keith Neumeyer, President and CEO."
"As a result of the suspension, the Company's previous production and cost guidance for Jerritt Canyon can no longer be relied upon."
https://finance.yahoo.com/news/first-majestic-temporarily-suspends-mining-201500253.html