PRECIOUS METALS

MAG sees firm Q1 with Juanicipio on track

MAG Silver’s earnings benefited in Q1 from its investment in the Juanicipio operation in Mexico—which remains on budget and schedule—while a write down on a prospective claim package in the Black Hills of South Dakota, US, weighed on the company’s bottom line.

 MAG's Juanicipio

MAG's Juanicipio

The company recorded a net income for the three months of US$2,680, or $0.03 per share, which was an improvement on a year earlier which saw a net loss of $3,662 or loss of $0.04 per share. Via its...

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