Gatos Silver Inc. announces the departure of John Kinyon, Chief Operating Officer, from the Company effective today. The Los Gatos Joint Venture operations will report directly to Dale Andres, President of the Company. Stephen Orr, Chief Executive Officer, stated "the Company thanks John for his outstanding contributions to the successful [...]
Gatos Silver Inc. is pleased to report drilling results from its definitional drilling at Cerro Los Gatos . This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210810005140/en/ Figure 1: Cross Section of SE Block #4 Showing Three Veins and the Relationship to Antigatos Fault #2 The [...]
Gatos Silver Inc. today reported second quarter 2021 operational and financial results. Key Highlights: Achieved record quarterly net income of $13.5 million; Produced a quarterly record of 2.1 million ounces of silver from the Los Gatos Joint Venture Cerro Los Gatos mine, as well as record lead and zinc production based on record throughput and [...]
Gatos Silver Inc. is pleased to announce its 70%-owned Los Gatos Joint Venture has repaid its Term Loan effective July 26, 2021. Gatos Silver's attributable portion of the Term Loan retirement and related costs was approximately $155.9 million. Gatos Silver's portion of the Term Loan retirement was funded with proceeds from the recently completed [...]
Gatos Silver Inc. today announced the pricing of a public offering of 8,930,000 shares of common stock by Gatos Silver and 2,500,000 shares of common stock by certain selling stockholders at a price of US $14.00 per share. In addition, Gatos Silver and the selling stockholders have granted the underwriters a 30-day option to purchase up to [...]
Gatos Silver Inc. today announced that it has commenced the roadshow for a proposed public offering to offer 6,500,000 shares of common stock and for certain selling stockholders to offer 1,820,000 shares of common stock. In addition, Gatos Silver and the selling stockholders intend to grant the underwriters a 30-day option to purchase up to [...]
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 [...]