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First Majestic was founded in 2002 by president and CEO Keith Neumeyer. In June 2006 First Majestic acquired First Silver Reserve Inc (initially just a controlling stake and within three months it purchased all remaining interest), owner of the San Martin silver property in central Mexico. In September 2006 it took control of Desmin, the owner/operator of La Encantada (Coahuila, Mexico) i
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Canada's First Majestic Silver Corp will pursue all legal avenues including those under international law in a prolonged dispute with Mexico over taxes, unless it can reach an amicable settlement ...
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Originally known as American Pacific Mint Inc., they incorporated in Nevada in September 1965, and later moved to Azusa, California. [ 2 ] [ 3 ] They purchased Dallas Gold and Silver Exchange in September 1987 for an undisclosed amount.
The mint was established in response to the California gold rush. [1] Within the first year of its operation, the San Francisco mint turned $4 million in gold bullion into coins. [ 2 ] Because of the scale of its increase in operations due to economic growth, a new building was soon required.
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