First Majestic Silver Suspends NAFTA Arbitration After Mexico Settlement Framework

Key Facts

1First Majestic Silver agreed to suspend NAFTA arbitration proceedings against the Government of Mexico.

2The dispute concerns legacy tax issues involving the company's subsidiary, Primero Empresa Minera.

First Majestic Silver agreed to suspend its NAFTA arbitration proceedings against the Government of Mexico under Chapter 11 of the agreement. Newsfile Corp reported that the suspension follows an agreement on a settlement framework regarding a legacy tax dispute involving the company's subsidiary, Primero Empresa Minera.

AG closed at $16.99 on October 12, 2026, having reached a session high of $17.12 and a low of $16.88. This legal development coincides with recent Mexican economic data showing an annual inflation rate of 3.45% on October 8, 2026, and a consumer confidence reading of 45.1 on October 6, 2026.