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First Majestic to acquire Gatos for US$970M

The company returns to its Mexican roots for growth

Paul Harris
Gatos Silver’s Cerro Los Gatos joint venture mine in Mexico

Gatos Silver’s Cerro Los Gatos joint venture mine in Mexico

First Majestic Silver is to acquire fellow Mexican silver producer Gatos Silver in a US$970 million all stock deal with a 16% premium, as the company returns to its roots in Mexico for growth. Gatos...

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