Instrument Name First Majestic Silver Instrument ExchangeNYSE: Instrument SymbolAG-N

Drilling underway on three of Orogen's exploration and royalty properties

, /PRNewswire/ -- Gold has again risen to all-time highs because investors have again rushed to its traditional 'safe haven'. It rises not despite the pandemic… but because of the global crisis. The trading price is predicted by many to continue to soar and miners are also looking to increase production. A from Singapore Bullion Market Association, spoke about the Metals Report issued in which said: "Turning to 2021, Metals Focus remains bullish towards gold. We are confident that as policy rates remain low and fiscal spending persists, inflows of institutional money into the yellow metal will continue. Low rates and yields are typically positive for gold, as they minimize the opportunity cost of holding the zero-yielding metal. Moreover, given exceptionally low yields (or, in other words, high bond prices), the effectiveness of bonds as a hedge against market turmoil, and in particular equity market corrections, is hampered as it becomes harder to see yields fall much more. This forces investors towards other portfolio diversifiers, something that should continue to benefit gold. Related to this point, policy accommodation has resulted in exceptionally strong equity market performance. While this has been a boon for investors, it also amplifies their need to diversify portfolios and gold will remain an instrument to do so."  Active stocks in the mining markets this week include (OTCQX: CXBMF) (TSX: CXB), (NYSE: FNV) (TSX: FNV),  (TSX: LUN) (OTCPK: LUNMF) (TSX: EDV) (OTCQX: EDVMF),

Vancouver, British Columbia--(Newsfile Corp. - April 14, 2021) - First Majestic Silver Corp. (NYSE: AG) (TSX: FR) (FSE: FMV) ("First Majestic" or the "Company") announces that total production in the first quarter of 2021 from the Company's three producing operations in Mexico, the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine and the La Encantada Silver Mine, reached 4.5 million silver equivalent ounces consisting of 2.9 million ounces of silver and 23,873 ounces of gold. The Company's financial results for the first quarter of 2021 are scheduled to be released on Thursday, May 6, 2021.