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.
Chasing the carat: Canada’s Queen of Diamonds comes full-circle — part 1 focused on Eira Thomas’s journey through the world of mining, beginning with her discovery of the Diavik kimberlite pipes as an Aber geologist and including the Stornoway Diamonds takeover of Ashton Mining and its Renard diamond project in Quebec.
Part 2 picks up the story after the takeover, when several key Ashton executives and employees moved on to Peregrine Diamonds. Eric Friedland runs Baffin Island-focused Peregrine and his famous older brother, Robert Friedland, has joined his diamond hunt.