Mining sector shake-up: First Majestic Silver to acquire Gatos Silver, uniting key Mexican assets
First Majestic Silver Corp. has agreed to acquire Gatos Silver, Inc. in a transformative all-stock transaction valued at approximately $970 million. This acquisition will consolidate three major silver-producing mining districts in Mexico under First Majestic’s management, significantly strengthening its position as a leading intermediate silver producer. Under the terms of the merger, Gatos Silver shareholders […]
