MAG Silver: Summary of Financial Results and Update on Exploration at All Three Projects

Precious metals producer MAG Silver reported a net profit of $48.7 million for the year ended December 31, 2023, which is attributable to income from Juanicipio (accounted for using the equity method) of $65.1 million and adjusted EBITDA of $97.5 million. Q4 cash costs were $3.76 per silver ounce sold and AISC was $9.17 per silver ounce sold, which are very good values in the industry. Juanicipio, Larder and Deer Trail were drilled in 2023 and will be drilled in 2024. Further details can be found in the video.


Related Videos

MAG Silver: Highlights of the First Quarter with Production and Cost Guidance for 2024

MAG Silver: Strong First Quarter, Share Buybacks and More Certainty Due to the Technical Report

Mining News Flash with MAG Silver, Vizsla Silver and Cosa Resources

MAG Silver: Annual PDAC Investor Day Presentation

MAG Silver: Juanicipio is in Full Production and Generating Cash Flows - What's Next?

Why Silver is a Critical Metal - Summary of a Letter to the Canadian Government

Zuri-Invest Gala Panel: Discussion with MAG Silver, Victoria Gold and Uranium Energy

MAG Silver: Funding the Exploration at Deer Trail and Larder by Free Cash Flow from Juanicipio

Silver Demand in 2023 and Update on MAG Silver's Latest Achievements

Mining News Flash with MAG Silver, GoldMining and Aurania Resources

Mining Newsflash with MAG Silver, Sierra Madre Gold and Silver and Canada Nickel

MAG Silver Reaches Commercial Production at Juanicipio

Silver Market Deficit in 2022 and Summary of MAG Silver´s Latest Corporate News

Silver Special: Supply and Demand Out of Balance

MAG Silver: Extended Lunch Presentation Around the PDAC 2023

MAG Silver: Exploration Success at Deer Trail with Discovery of Carissa Zone

MAG Silver: Further Ramping Up at Juanicipio and Exploration at Deer Trail and Larder

Mining Newsflash with with Victoria Gold, Gold Terra, TinOne Resources, Canada Nickel, Labrador Uranium and MAG Silver

Zuri-Invest Mining Panel with Osisko Gold Royalties, Victoria Gold and MAG Silver

MAG Silver: Starting to Ramp Up the Juanicipio Mill Soon - More Exploration at Deer Trail

More Videos in Gold + Silber + Silver

Mining News with Calibre Mining, Chesapeake Gold and Meridian Mining

Revival Gold: Insight Into the Strategy to Bring Two Gold Projects in the USA to Production

Meridian Mining: Great Upside Potential for the Projects and Share Price

Mining News Flash with Vizsla Silver, Canada Nickel and GoldMining

Discovery Silver: Good Progress on one of the World's Largest Undeveloped Silver Deposits

Mining News Flash with Hannan Metals, Sibanye-Stillwater, Aurania Resources and IsoEnergy

News Flash with Victoria Gold, Premier American Uranium, Meridian Mining and Southern Cross Gold

GoldMining: CEO on Exploration Program at São Jorge and Progress at the Rea Uranium Project

Calibre Mining: Corporate Update on Latest Developments and Why a Re-Rating is Likely

Vizsla Silver: Successful Infill Drilling for Upcoming PEA and Analysts Reiterate "Buy" Rating

Mining News Flash with Green Bridge Metals, Canda Nickel and Victoria Gold

Mining News Flash with Calibre Mining, Cosa Resources, Vizsla Silver and U.S. GoldMining

Royalty Special with Osisko Gold Royalties and Gold Royalties

Mining News Flash with Fury Gold Mines, Premier American Uranium and IsoEnergy

Aurania Resources: Exploration Update and Potential Strategic Investor Boost the Share Price

Mining News Flash with GoldMining and Uranium Energy

OceanaGold: Successful IPO of the Didipio Mine in the Philippines and Chart Analysis

Mining News Flash with Meridian Mining, Vizsla Silver, Uranium Energy and Century Lithium

Mining News Flash with Aurania Resources, Osisko Development and Mawson Gold

Banyan Gold: Further Drilling in 2024 to Increase the 7 Million Oz Gold Resource at AurMac


The whole world of commodities in one App!

Watch Management & Expert Interviews, Site-Visit-Videos, News Shows and receive top and up to date Mining Information on your mobile device worldwide!

Download our unique App for free!



Hot News

View all
Gold Royalty Reports Strong Second Quarter Revenue


Gold Royalty Reports Strong Second Quarter Revenue

Gold Royalty Corp. is pleased to announce strong second quarter 2024 revenue and Total Revenue, Land Agreement Proceeds and Interest*, driven by the Company’s cornerstone…

Meridian Reports Multiple Zones of Mineralization Including 13.4m @ 4.6g/t AuEq at Cabaçal


Meridian Reports Multiple Zones of Mineralization Including 13.4m @ 4.6g/t AuEq at Cabaçal

Meridian Mining UK. S is pleased to announce further intersections of strong Au-Cu-Ag mineralization from its ongoing drill program at its flagship Cabaçal Cu-Au-Ag project.

Gold price breaks all records


Gold price breaks all records

Investors who have already invested in gold are delighted. The price of gold has reached a new record high.

Canada Nickel Company Announces  Initial Deloro Nickel Sulphide Project Resource


Canada Nickel Company Announces Initial Deloro Nickel Sulphide Project Resource

Canada Nickel Company Inc. today announced an initial mineral resource for its 100% owned Deloro Nickel Sulphide Project near Timmins, Ontario.

Short News

View all

Tudor Gold Submits Application to B.C. Government to Protect Treaty Creek Mineral Tenures

Chesapeake Gold Extends Lucy Mineralized Corridor by 200 Metres and Drilling Returned 5.2 g/t Gold over 6 Metres from Surface

Revival Gold Provides Update On Exploration And Development Program

Tudor Gold Outlines Strategic Plan for the Next 12 Months Focused on Advancing the Treaty Creek Gold and Copper Project Located in the Golden Triangle, British Columbia