First Majestic Silver - Miners News Global

First Majestic closes Gatos takeover

January 20, 2025January 20, 2025 Miners News

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…

First Majestic halts mining at Jerritt Canyon

March 21, 2023March 21, 2023 Miners News

First Majestic Silver is citing high costs and other challenges for the temporary suspension of operations at its Jerritt Canyon mine in Elko County, Nevada. Full story.

First Majestic to sell Mexican royalty portfolio to Metalla

November 29, 2022December 5, 2022 Miners News

First Majestic Silver has entered into a royalty purchase agreement dated November 25 to sell a portfolio of eight royalty interests in Mexico to Metalla Royalty & Streaming for a total consideration of $20 million in common shares of Metalla. Read full article.