Gatos Silver Inc. today reported fourth quarter and year-end 2020 operational and financial results. Key Highlights The Company reported the following key highlights for 2020: Record production of 652,739 ore tonnes from the Los Gatos Joint Venture owned Cerro Los Gatos mine; Record silver, gold, zinc and lead metal recoveries at the CLG processing [...]
Gatos Silver Inc. is pleased to announce drilling has commenced at its Santa Valeria project. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210311005129/en/ Santa Valeria Location Map The Santa Valeria project, located in southern Chihuahua, Mexico, is five kilometers east of the Los [...]
Gatos Silver Inc. is pleased to announce it has reached a definitive agreement with Dowa Metals & Mining Co., Ltd. to: Exercise its right to repurchase an additional 18.5% of the Los Gatos Joint Venture . As a result of the Repurchase, Gatos Silver's LGJV interest will increase from 51.5% to 70%, and Extinguish the LGJV's $60 million working [...]
Gatos Silver Inc. today announced it will host a virtual Investor Day on Thursday, March 18, 2021, at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time. Gatos Silver's executive team plans to discuss exploration efforts, the exploration potential for the Los Gatos District, and a corporate update. All interested parties are invited to join the [...]
Gatos Silver Inc. is pleased to report that full power from Mexico's national power grid has been restored at its Cerro Los Gatos mine site. CLG is currently operating the surface facilities and the full complement of underground mining infrastructure and activities. The CLG process plant will resume operation early this week upon completion of the [...]
Gatos Silver Inc. reports that power from Mexico's national power grid has been restricted due to the recent severe winter storms in Texas. Northern Mexico is highly dependent upon natural gas from Texas to generate power. Freezing temperatures in Texas compounded by increased energy demands for heating have resulted in U.S. natural gas producers [...]
Gatos Silver Inc. today announced that it will report its fourth quarter and year-end 2020 operational and financial results prior to market open on Monday, March 29, 2021. Management will be hosting a webcast and conference call at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time on Monday, March 29, 2021. Conference Call Details: To register for [...]
Gatos Silver is pleased to provide a 2020 CLG operating update encompassing its final commissioning phase and inaugural full year of production. During 2020, the CLG mine achieved steady improvement in its mining rates reaching 2,324 tonnes/day of production by year-end despite a Mexican government emergency health declaration and mandated [...]
Gatos Silver that recently completed its IPO through a dual NYSE and TSX listing in late October 2020, achieving the only dual-listed precious metals IPO on these exchanges since 2010. Gross proceeds from the IPO totaled $173 million, resulting in the largest precious metals IPO since 2010 and the largest precious metals equity financing during [...]
Gatos Silver is pleased to announce the reactivation of drilling through three separate programs that are collectively estimated to require 58,000 m of exploration and definition drilling at an expected cost of $6.1 million. The first program is an infill and extensional drilling program at the Cerro Los Gatos deposit within the LGJV between the [...]
Gatos Silver Inc. is pleased to announce it has been added to the VanEck Vectors Junior Gold Miners ETF pursuant to the GDXJ’s fourth quarter rebalance. Stephen Orr, the Company’s Chief Executive Officer, said “Gatos Silver recently conducted its initial public offering on the NYSE/TSX and is proud to be included in the latest GDXJ index so quickly [...]
Gatos Silver Inc. today reported third quarter 2020 operational and financial results. The Company reported the following key highlights through September 30, 2020: Rapid recommissioning of the CLG mine following Mexico’s mandated COVID-19 project suspension, Strong operational and financial results from CLG following a 45-day temporary [...]