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.
The corporation, a leading global producer of copper that operates in Peru and Mexico, is planning to invest $934 million in Tia Maria, a copper reserve located in Cocachacra – a district in the southern …