Gatos Silver amends joint venture terms with Dowa Metals, enhancing transparency before a merger.

Gatos Silver has amended agreements with Dowa Metals & Mining for their Los Gatos Joint Venture, effective January 1, 2025. The changes allow Gatos to fully consolidate financial statements of the joint venture, improving transparency for investors ahead of a merger with First Majestic Silver. Ownership stakes remain at 70% for Gatos and 30% for Dowa, with updates to management services and Dowa's zinc concentrate rights.

3 months ago
7 Articles