First Majestic Silver Corp. is engaged in the business of the production, development, exploration and acquisition of mineral properties with a focus on silver in México. The company has owns three producing mines in México: the La Encantada Silver Mine in Coahuila State, the La Parrilla Silver Mine in Durango State, and the San Martin Silver Mine in Jalisco State. It also owns two advanced-stage development silver projects, the Del Toro Silver Mine in Zacatecas State and the La Luz Silver Project in San Luis Potosi State. The company also has an interest in certain exploration properties in Jalisco State, México. First Majestic Silver was founded by Keith Neumeyer on September 26, 1979 and is headquartered in Vancouver, Canada.