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.
Newmont Mining Corp.’s Midas Mine in Elko County is back in production. Federal regulators allowed the underground gold mine to reopen last week after crews tunneled out a bypass around a ground failure that prompted its March 10 shutdown.
