First Majestic closes Gatos takeover

First Majestic Silver has completed its acquisition of Gatos Silver, the company announced, with 98.44% of First Majestic’s shareholders and 99.23% of Gatos Silver’s stockholders voting in favor. Under the terms of the merger agreement, First Majestic has acquired all issued and outstanding shares of Gatos Silver, making it a wholly-owned subsidiary. The takeover was first announced om September 2024…

Read More

Mines and Money Miami readies to convene

Mines and Money Miami 2025, which promises a key mix of industry delegates from leading, mid-tier, and junior mining companies, as well as investors, OEMS, governmental representatives from across the Americas, tech companies, banks, legal firms, and other stakeholders, is almost ready to open its doors. Full story.

Read More

Trimble, GroundProbe collaborate to offer complete monitoring

Trimble and GroundProbe, part of Orica Digital Solutions specializing in real-time solutions for measuring and monitoring geohazards, have announced a new collaboration. Instead of working through various suppliers to gain guidance on technology solutions, this joint effort will enable geotechnical mine monitoring customers to purchase a comprehensive slope stability monitoring portfolio from a single point of contact. GroundProbe customers can…

Read More

Rio2 advancing Fenix gold mine

Canadian-based Rio2 Limited is making strides at its Fenix gold mine in the Maricunga Gold Belt of the Atacama region of Chile. Pre-construction activities first commenced in 2022, prior to the Environmental Impact Assessment (EIA) for the project being rejected by the Chilean environmental regulators. Those activities included ordering and securing of long lead items for the construction of the…

Read More