First Majestic is making inroads for its silver expansion mission in Mexico with a confirmation it has inked a definitive merger agreement with Gatos Silver. Gatos has a 70% interest in the Los Gatos joint venture, which owns the producing Cerro Los Gatos underground silver mine in Chihuahua, Mexico. The proposed transaction implies a total equity value for Gatos of…
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Gatos Silver loses Orr, gains Andres in CEO transition
Explorer and producer Gatos Silver, a majority participant in the Los Gatos joint venture that is advancing a silver and zinc project in Mexico, has accepted the resignation of retiring CEO Stephan Orr and has appointed Dale Andres as his replacement.
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