MAG Silver is committed to delivering lasting and sustainable value to its people, stakeholders and host communities. The Company’s approach to responsible development integrates health, safety, environment and social responsibility into its business strategy.

MAG partners with groups who share its values and commitment to responsible mining. The Company’s commitment is supported by the policies, procedures and voluntary codes to which the Company adheres. The Company cares about the health and well-being of its people, communities and environment, and promotes a culture of zero harm.

MAG’s principal focus, asset and ESG risk is the Juanicipio Project in Mexico. The Project is being developed as a Joint Venture partnership with Fresnillo Plc, the 56% owner and Operator. The Juanicipio Project has commenced concentrate production in Q1 2023 and shipped its first commercial lead and zinc concentrates. MAG Silver is also executing multi-phase exploration programs at the Deer Trail 100% earn-in Project in Utah and the 100% owned Larder Project, located in the historically prolific Abitibi region of Canada.

Material ESG Topics

In 2022, executive management and the Board reviewed the material topics and made minor weighting changes based on emerging topics or evolving circumstances.

As MAG’s sustainability reporting practices grow and evolve, we plan to continue internal engagement and expand external stakeholder engagement to Juanicipio and MAG’s exploration projects to identify and validate material topics on an ongoing basis.

In 2023, MAG’s material topics will be revisited and discussed with both internal and external stakeholders at each project.

ESG Data Highlights

A more comprehensive ESG data table can be accessed here.

2022 Sustainability Performance Data - Summary Table