First Majestic Silver and Gatos Silver are pleased to announce the completion of the acquisition of Gatos Silver by First Majestic pursuant to the agreement and plan of merger previously announced in the joint news release of First Majestic and Gatos Silver dated Sept 5, 2024. On Tuesday, Jan 14, 2025, both First Majestic and Gatos Silver announced [...]
Gatos Silver announced that Gatos Silver's stockholders have voted to adopt the proposal related to the previously announced merger agreement between First Majestic Silver and Gatos Silver. The vote was held at Gatos Silver's special stockholders meeting earlier today. The Merger Resolution was required to be approved by Gatos Silver stockholders [...]
Gatos Silver announced production results for the quarter and year ended December 31, 2024 at its 70%-owned Cerro Los Gatos mine in Mexico. Silver production was at the top end of the 2024 guidance range and silver equivalent production was slightly above the top end of the 2024 guidance range. Guidance for both metrics was upwardly revised in [...]
Gatos Silver announced that it has entered into amended and restated agreements with Dowa Metals & Mining regarding the Los Gatos JV. The Amended Agreements, which are effective on January 1, 2025, expand Gatos Silver's management rights within the LGJV which will result in the Company being able to fully consolidate the financial statements of the [...]
Gatos Silver announced the date of a special meeting of stockholders and the filing of its definitive proxy statement in connection with the previously announced Agreement and Plan of Merger with First Majestic Silver pursuant to which First Majestic will acquire all of the issued and outstanding shares of common stock of Gatos Silver. Gatos Silver [...]
Gatos Silver announced its third quarter of 2024 financial and operating results including earnings per share of $0.14, up 200% from $0.05 in the third quarter of 2023. The Company will host an investor and analyst call on Nov 12, 2024, details of which are provided below. The Company has a 70% interest in the Los Gatos Joint Venture , which in [...]
Gatos Silver will release its third quarter of 2024 financial and operating results after North American markets close on Monday, November 11, 2024. The Company will host a conference call and webcast to discuss the results on Tuesday, Nov 12, 2024, at 11:00 a.m. Eastern Time. Date: Tuesday, November 12, 2024 Time: 11:00 a.m. ET Listen-Only [...]
Gatos Silver Inc. today announced production results for the quarter and nine months ended September 30, 2024 at its 70%-owned Cerro Los Gatos mine in Mexico, including an 11% increase in silver equivalent production in the third quarter of 2024 compared with a year earlier. Gatos Silver also announced improved annual production and cost guidance [...]
Gatos Silver Inc. today provided an update on the drilling and exploration programs in the 70%-owned Los Gatos district in Mexico. The update highlights early positive results including mineralized intercepts on the Central Deeps target and the potential for a further extension of the South-East Deeps zone at the Cerro Los Gatos Mine . The update [...]
Gatos Silver reported an updated life of mine plan that adds two years of additional reserves and a 36% increase in silver equivalent production compared with the prior LOM plan at the Cerro Los Gatos Mine. Gatos Silver also disclosed an updated mineral reserve estimate and mineral resource estimate with an effective date of July 1, 2024. The [...]
First Majestic Silver and Gatos Silver are pleased to announce they have entered into a definitive merger agreement pursuant to which First Majestic will acquire all of the issued and outstanding common shares of Gatos. Gatos is a silver dominant producer with a 70% interest in the Los Gatos JV, which owns the producing Cerro Los Gatos underground [...]
Gatos Silver Inc. today announced its second quarter 2024 financial and operating results. The Company will host an investor and analyst call on August 7, 2024, details of which are provided below. The Company has a 70% interest in the Los Gatos Joint Venture , which in turn owns the Cerro Los Gatos mine in Mexico. Production for the second quarter [...]