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.
Sino Gold Mining Ltd, owner of China’s second-largest gold mine, plans to sell as much as A$204 million in shares to existing shareholders to close its forward sales contracts for the precious metal.
