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.
Canadian precious metals company North American Palladium Ltd’s first-quarter loss narrowed, but the company cut its 2011 palladium production forecast as it shifts focus to development from production.
The company cut its full-year production forecast to 145,000-155,000 ounces of palladium from its earlier view of 165,000-175,000 ounces.
