Gatos Silver posts solid 2024, prepares for takeover by First Majestic
The deal will merge Gatos’ main Cerro Los Gatos mine with First Majestic’s San Dimas mine in Durango, and its Santa Elena operation in Sonora.
Rio Tinto’s record settlement for benchmark iron ore annual contract prices, announced this week, is akin to oil prices instantaneously moving up to $270 a barrel, or gold bullion jumping in a jiffy to around …