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.
The $149-billion (U.S.) pipeline to expand the world’s copper supply is running into trouble.
Producers are counting on expansions and the development of new operations to meet supply shortages they forecast arriving toward the end of the decade.