First Majestic Buys Gatos Silver for $970m in Mexico Expansion
First Majestic Silver will acquire Gatos Silver in a all-share transaction, consolidating major silver mining assets across multiple mining regions in Mexico.
First Majestic Silver will acquire Gatos Silver in a all-share transaction, consolidating major silver mining assets across multiple mining regions in Mexico.
Large silver nuggets are much less common than gold and are rarely discovered. Pure silver ore deposits are extremely rare in nature and it is often found mixed with other metals such as gold, copper and lead.
Preliminary data shows that silver mine output increased by 4% global last year.