First Majestic Targets Jerritt Canyon Restart in H2 2027

First Majestic Silver Corp has set its sights on restarting operations at Jerritt Canyon in H2 2027. The company plans to release updated technical reports for late 2026 or early 2027, which will provide key information about the project's resource and reserve statements, mine plans, and cost estimates.

The restart decision is significant for First Majestic, a primary silver producer that has historically acquired distressed or underexploited assets and taken a view on the silver price. The company's confidence in prevailing metal prices absorbing capital costs and ongoing operational expenses at Jerritt Canyon will be crucial to the project's success.

Market observers are closely watching the technical report refresh, as updated details can convert a stated target date into a financeable project. Any slippage between the target and report assumptions may indicate potential issues with the project's economics.