First Majestic Silver Corp. announced 2020 production guidance. The company expects 2020 silver production to range between 11.8 to 13.2 million ounces with total production including gold by-products between 21.5 to 24.0 million silver equivalent ounces. The Company’s guidance only assumes production coming from its three largest mines: the San Dimas, Santa Elena and La Encantada mines. The San Martin and La Parrilla mines are expected to remain suspended throughout 2020 and the Del Toro mine is being wound down with no production in 2020. By suspending the Company’s highest cost lead and zinc mines, management is now able to focus all of its efforts on cost reduction and innovation at its most profitable silver and gold mines. Cash cost and all-in sustaining cost per ounce is expected to be within a range of $13.37 to $15.46 on a per consolidated payable silver ounce basis. The company expects total gold production guidance to range between 114 to 126 million ounces.