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.
Canada’s eastern province of Nova Scotia is reeling up for a major protest from mining companies based in the area, as they double their efforts to reject a tax they must pay for fuel.
According to the Chronicle Herald, the Mining Association of Nova Scotia will distribute to journalists and the province’s 52 MLAs signs that say, “Closed for Business,” to complaint against the fuel levy.
The body says that Nova Scotia is the only Canadian province that taxes resource companies for fuel used on mine sites and lifting it would save them $2.6 million a year.
