Gatos Silver Inc. is pleased to announce it has reached a definitive agreement with Dowa Metals & Mining Co., Ltd. to retire the outstanding Los Gatos Joint Venture Term Loan . Gatos Silver's attributable portion of the Term Loan and related fees is approximately $154.8 million. The Term Loan retirement is expected to close soon. Stephen Orr, the [...]
Gatos Silver Inc. is pleased to report record production from the 70%-owned Cerro Los Gatos mine during the second quarter of 2021 . CLG Q2 Operating Performance Gatos Silver achieved strong operating performance in Q2 at the CLG mine which produced a quarterly record of 240,047 ore tonnes. The plant achieved record throughput processing 230,656 [...]
Gatos Silver Inc. is pleased to announce the appointment of Dale Andres as President, effective June 1, 2021. Mr. Andres will also assume the role of Chief Executive Officer for the Company's wholly owned Mexican subsidiary, Minera Luz del Sol, effective June 1, 2021. Mr. Andres is one of the Americas' most accomplished mining executives, with over [...]
Gatos Silver Inc. is pleased to report drilling results on its definitional drilling at Cerro Los Gatos and the commencement of drilling at the CLG's Esther zone. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210513005755/en/ Figure 1: Plan View of the SE zone Drill Hole Map, Block 4 of [...]
Gatos Silver Inc. today reported first quarter 2021 operational and financial results. Key Highlights: Repurchased an additional 18.5% interest in the Los Gatos Joint Venture , increasing the Company's LGJV interest to 70%; Extinguished the $60 million LGJV Working Capital Facility of which Gatos Silver's pro-rata portion was $42 million; Mined [...]
Gatos Silver Inc. today announced that the Company will hold its 2021 Annual Meeting of Stockholders in a virtual format on Wednesday, May 26, 2021 at 10:00 a.m. Mountain Time. Online access to the meeting will begin at 9:45 a.m. Mountain Time. Only stockholders of record and beneficial owners of shares of Gatos Silver common stock as of the close [...]
Gatos Silver Inc. today announced that it will report its first quarter 2021 operational and financial results prior to market open on Friday, May 7, 2021. Management will be hosting a webcast and conference call at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time on Friday, May 7, 2021. Conference Call Details: To register for this conference [...]
Gatos Silver Inc. is pleased to announce the appointment of Rodrigo Monroy as General Counsel effective April 1, 2021. Mr. Monroy is a highly accomplished legal executive with more than 30 years of international and domestic legal experience with multinational corporations and law firms in the U.S. and Mexico. Most recently, Mr. Monroy served as [...]
Gatos Silver Inc. is pleased to announce the appointment of Daniel Muñiz Quintanilla to its Board of Directors effective April 1, 2021. Mr. Muñiz is a highly accomplished mining executive whose extensive track record includes a 12-year tenure with Grupo Mexico, SAB de CV and its subsidiaries, Americas Mining Corp. and Southern Copper Corp., where [...]
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 [...]
