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.
‘When gold fundamentals no longer apply, review the fundamentals’. The physical gold market is seeing enormous changes and this will have to feed through in terms of hugely rising prices.