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.
Copper processing charges may drop again this year because supplies to smelters are falling short of demand, strengthening the position of mining companies in annual talks, Freeport-McMoRan Copper & Gold Inc.
