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.
The committee of creditors running Tucson copper miner Asarco LLC is evaluating bids from potential buyers who would take over the company and finance its emergence from Chapter 11 bankruptcy protection.
