First Majestic Silver
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First Majestic Silver: Profits May Triple As Silver Soars While Costs Slip
Seeking Alpha· 2025-07-14 17:24
Core Insights - Silver prices have reached a peak of $38 per ounce, marking the highest level in the past decade, with a bull market beginning in early 2024 when prices were around $22 per ounce [1] Group 1: Market Performance - The rise in silver prices occurred in two phases during the first six months of 2024 [1] Group 2: Analyst Background - The analyst, Harrison, has been writing on Seeking Alpha since 2018 and has over a decade of market experience, with a professional background in private equity, real estate, and economic research [1]
Minaurum Announces Appointment of Senior Resource Development and Operating Team at Alamos Silver Project
Newsfile· 2025-06-17 12:30
Core Viewpoint - Minaurum Gold Inc. has appointed Mr. Ruben Molina as Senior Project Manager for the Alamos Silver Project, enhancing its exploration capabilities in silver mining [1][4]. Company Developments - Mr. Molina has a strong background in Mexican silver exploration, previously serving as a Senior Resource Modeler for SilverCrest Metals, which was acquired by Coeur Mining for $1.7 billion [1][8]. - Three additional experienced geologists from SilverCrest Metals will join Mr. Molina, bringing a total of 39 years of exploration and resource evaluation experience to the Alamos project [2]. Team Expertise - The team has collectively participated in over 500,000 meters of drilling across various exploration programs, contributing to the development of significant silver-gold deposits [3]. - Mr. Molina's previous roles included critical contributions to drill-target generation, resource modeling, and geological interpretation, showcasing his expertise in the field [3]. Strategic Impact - The appointment of Mr. Molina and his team is expected to significantly advance the geological understanding and drill targeting at the Alamos Silver Project, particularly with the recent identification of a stacked vein system [4].