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.
Hudbay Minerals Inc, a Canada-based diversified mining company, said late Thursday that it has resumed operations at its Lalor gold, copper, zinc mine, where production was halted due to a fatality last week.
Hoisting activities resumed on June 23 and production has returned to normal levels at the mine, located in the town of Snow Lake in Manitoba, the company said in a statement.
The fatality at Lalor mine occurred when a worker employed by a service provider was fatally injured from a fall while working at a height.
(By Juby Babu; Editing by Sherry Jacob-Phillips)
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