Vancouver-based First Majestic Silver Corp. is a mineral exploration and mining company that specializes in the acquisition, exploration, development, and production of mineral properties in North America, with an emphasis on producing silver and gold. The company's extensive portfolio includes three major projects: the San Dimas mine, which spans 71,839 hectares in Durango and Sinaloa States, Mexico; the Santa Elena project, covering 102,172 hectares in Sonora State, Mexico; and the La Encantada project, with 4,076 hectares in Coahuila State, Mexico. First Majestic Silver Corp., formerly known as First Majestic Resource Corp., was founded in 1979 and changed its name in November 2006.