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MAG Silver Corp (MAG Silver) is a metal and mining company that carries out the acquisition, exploration, and development of gold and silver properties. The company operates exploration properties, including Juanicipio, Deer Trail, and Cinco de Mayo properties. MAG Silver also develops underground infrastructure for its mining operations. Its projects cater to various industries, including jewelry, electronics, and investment sectors. The company operates through its district-scale and silver-dominant projects located in Canada, the US, and Mexico. MAG Silver is headquartered in Vancouver, British Columbia, Canada.
Headquarters
Canada
Address
Suite 901, 800 West Pender Street, Vancouver, British Columbia, V6C2V6
Website
magsilver.com
Telephone
1 604 6301399
No of Employees
12
Industry
Metals and Mining
Revenue (2024)
$92.9M
MAG Silver Corp premium industry data and analytics
Products and Services
| Products |
|---|
| Silver |
| Gold |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Ownership Changes | In September, the company was acquired by Pan American Silver Corp, a mining company. |
| 2025 | Regulatory Approval | In July, the company received approval from the shareholders to be acquired by Pan American Silver Corp. |
| 2024 | Contracts/Agreements | In September, the company signed an exploration, earn-in and option agreement to sell the Cinco de Mayo Project to Apollo Silver Corp. |
Competitor Comparison
| Key Parameters | MAG Silver Corp | Avino Silver & Gold Mines Ltd | IMPACT Silver Corp | Nicola Mining Inc. | Excellon Resources Inc |
|---|---|---|---|---|---|
| Headquarters | Canada | Canada | Canada | Canada | Canada |
| City | Vancouver | Vancouver | Vancouver | Vancouver | Toronto |
| State/Province | British Columbia | British Columbia | British Columbia | British Columbia | Ontario |
| No. of Employees | 12 | 264 | - | 110 | 3 |
| Entity Type | Private | Public | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| John Armstrong | Chairman | Executive Board | 2025 | - |
| George N. Paspalas | Chief Executive Officer; Director; President | Executive Board | 2013 | - |
| Fausto Di Trapani | Chief Financial Officer | Senior Management | 2022 | - |
| Jim Mallory | Chief Sustainability Officer | Senior Management | - | - |
| Marc Turcotte | Chief Development Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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