‘It was a very competitive process’ - First Majestic Silver’s Keith Neumeyer on $970 million Gatos Silver acquisition

Gold hitting $3,000 ounce in 2025 would not surprise Keith Neumeyer, president and CEO of First Majestic Silver. On Monday Neumeyer spoke to Kitco at the Vancouver studio. Last week First Majestic Silver Corp. (NYSE:AG) announced that it entered into a definitive merger agreement with Gatos Silver whereby First Majestic will acquire all of the issued and outstanding common shares of Gatos. Gatos is a silver-dominant producer with a 70% interest in the Los Gatos Joint Venture, which o...