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.
Here’s a great visual tracking Australian exports to China or, in other words, Australia’s mining boom.
The data dates all the way back to 1988 and show exports by state and territory.
“Government figures show nearly all (97 per cent) of Australia’s iron ore production comes from Western Australia, accounting for $38 billion out of Australia’s total of $73 billion in exports to China last year,” Lincoln Archer writes alongside the original appearance of the visual on ABC News.
For the boom you can “thank China, thank Western Australia, and thank iron ore,” says Commsec’s chief economist Craig James.
