Gatos Silver posts solid 2024, preps 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.
Gold has risen between Christmas and New Year in 8 of the last nine years, if the trend continues the yellow metal could end the year around $1,650.