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.
Improving U.S. economic sentiment bringing prospects of an interest rates rise ahead have strengthened the dollar and meantime weakened the gold price while platinum is again showing a premium over gold.