MAG Silver Corp. reports that it has received communication from Fresnillo Plc , the operator of the Juanicipio Project, that all construction activities related to final tie-in to the electrical grid have been completed and all systems are ready to be energized. Prior to making the final tie-in to the electrical grid, as a precautionary measure to ensure uninterrupted service to the surrounding area, the state-owned [...]
MAG Silver announces the Company’s unaudited financial results for the three and six months ended June 30, 2022. For details of the unaudited condensed interim consolidated financial statements and Management's Discussion and Analysis for the three and six months ended June 30, 2022, please see the Company’s filings on SEDAR or on EDGAR. All amounts herein are reported in $000s of United States dollars (“US$”) unless [...]
MAG Silver is pleased to report second quarter (Q2) production of underground development and stope material from the Juanicipio Project. As reported to MAG by the project operator Fresnillo, on a 100% basis, 154,069 tonnes of mineralized material from both underground development and initial stopes were processed during the three months ended June 30, 2022 at an average head grade of 567 silver grams per tonne.
MAG Silver Corp. reports that at its annual general and special meeting held on June 22, 2022, MAG's Shareholders approved by majority: to elect all eight directors standing for election; to re-appoint Deloitte LLP as auditors of the Company; to support the Company's approach to executive compensation; and to approve the continuation, amendment and restatement of the Company's Shareholder Rights Plan. Detailed results of [...]
Gatling Exploration Inc. announced today the completion of the previously announced Plan of Arrangement under the Business Corporations Act whereby MAG Silver Corp. has acquired all of the issued and outstanding common shares of the Company on the basis of 0.0170627 of a common share in the capital of MAG per Gatling Share under the terms of the Arrangement. The Arrangement was originally announced on March 11, 2022. With [...]
MAG Silver announces the Company’s unaudited financial results for the three months ended March 31, 2022. For details of the unaudited condensed interim consolidated financial statements and Management's Discussion and Analysis for the three months ended March 31, 2022, please see the Company’s filings on SEDAR or on EDGAR. During the first quarter of 2022, the 4,000 tonnes per day Juanicipio processing plant was being [...]
Gatling Exploration announced the voting results of its special meeting of securityholders, called for shareholders and optionholders to vote on the Arrangement Resolution held on May 13, 2022. At the Meeting, Securityholders were asked to consider, and if thought fit, to pass a resolution to approve the proposed plan of arrangement with MAG Silver Corp., pursuant to which MAG has agreed to acquire all of the issued and [...]
MAG Silver Corp. is pleased to report first quarter production of underground development and stope material from the Juanicipio Project and MAG Silver, respectively). As reported to MAG by the project operator Fresnillo, on a 100% basis, 145,484 tonnes of mineralized material were processed during the three months ended March 31, 2022 at an average head grade of 597 silver grams per tonne or 17.4 silver ounces/ton [...]
MAG Silver Corp. announces the Company's audited consolidated financial results for the year ended December 31, 2021. For details of the audited consolidated financial statements, Management's Discussion and Analysis, Annual Information Form and Annual Report on Form 40-F for the year ended December 31, 2021, please see the Company's filings on SEDAR or on EDGAR . All amounts herein are reported in $000s of United States [...]
MAG Silver Corp. is pleased to announce the appointment of Fausto Di Trapani as Chief Financial Officer effective May 20, 2022. Fausto replaces Larry Taddei, who, after 12 years of service with the company, will step down from the CFO role to pursue other opportunities. Larry will assist in the orderly transition of his duties following Fausto's appointment. "I would like to thank Larry for his considerable contribution [...]
MAG Silver is pleased to announce that it has entered into a Definitive Arrangement Agreement with Gatling Exploration pursuant to which MAG will acquire all of the issued and outstanding common shares of Gatling in an all-share transaction. Each Gatling shareholder will be entitled to receive 0.01702627 of a common share of MAG for each share of Gatling held. The Consideration values Gatling at approximately C$0.40 per [...]
MAG Silver Corp. is pleased to report fourth quarter production of underground development and stope material from the Juanicipio Project and MAG Silver, respectively). As reported to MAG by the project operator Fresnillo, 113,950 tonnes of mineralized material from both underground development and from initial stopes were processed during the three months ended December 31, 2021. The mineralized material processed in the [...]