MAG Silver is a Canadian development company with a clear focus on silver in Mexico. The company is preparing to bring its Juanicipio project into production with mega-partner Fresnillo in the second half of 2020.
Continual new discoveries only give an idea of the extent of the further silver potential. According to the most recent PEA from November 2017, based on a silver price of US$23 per ounce and a gold price of US$1,450 per ounce, this results in a payback period of 1.2 years, an after-tax net present value (NPV) of US$1.729 billion and an after-tax return on investment (IRR) of 61%. Recently, commodity legend and star investor Eric Sprott joined the team.