MAG Silver (US:MAG) Globenewswireยท2025-07-23 10:50Core Viewpoint - MAG Silver Corp. reported strong operational performance at the Juanicipio mine for Q2 2025, despite a tragic safety incident that occurred in July, emphasizing the importance of safety in operations [2][3]. Production Performance - The Juanicipio plant processed 343 thousand tonnes of ore in Q2 2025, a slight increase of 1.6% from Q1 2025 and consistent with its nameplate capacity of 4,000 tonnes per day [5]. - Silver head grade averaged 417 grams per tonne (g/t) in Q2 2025, maintaining the top end of the 2025 guidance, while year-to-date silver head grade is 423 g/t [5]. - Preliminary Q2 production included 4.3 million ounces of silver and 10,465 ounces of gold, with lead and zinc production increasing by 9% and 21% quarter-over-quarter, respectively [5]. Year-to-Date Performance - For the first half of 2025, production totaled 8.8 million ounces of silver and 20,663 ounces of gold, positioning Juanicipio well to meet its full-year production guidance [5]. - The company reported a 2.6% increase in gold production compared to Q1 2025 and a 7.7% increase compared to H1 2024 [3][5]. Safety and Incident Response - A tragic fatality occurred at the Juanicipio site in July, prompting a full investigation and a renewed commitment to safety protocols [2][3]. - The company, in collaboration with Fresnillo, is providing support to affected families and reinforcing the importance of a safety culture [2][3]. Future Outlook - Comprehensive financial and operational results are expected to be released on August 11, 2025, indicating ongoing transparency and commitment to stakeholders [5].