Silver Dollar and First Majestic will enter into a joint venture if the former does not issue any such notice. During the March-end quarter, First Majestic produced consolidated silver equivalent ounces of 6,195,057, down 1% from the prior-year quarter. The company's consolidated gold production was 32,202 ounces compared with the year-ago quarter's 32,037 ounces. Consolidated silver production declined 6% year over year to 3,151,980 ounces.