TMC - Gatos Silver's Record Throughput; AngloGold Publishes Annual Report; TMC's New Board Member And More: Wednesday's Top Mining Stories | Benzinga
Top Stories for April 10, 2024:
1. Gatos Silver Inc (NYSE:GATO) announced its first quarter 2024 production results for the Cerro Los Gatos mine in Mexico, highlighting a strong quarter with mill throughput increasing 11% year-over-year to over 3,200 tons per day — a new quarterly record.
Silver equivalent production was at the upper end of guidance despite lower grades for silver, lead and gold.
The company is working on mine debottlenecking and productivity improvements, aiming for a sustained throughput of 3,500 tons per day and extending the mine’s life beyond 2030, with plans to update the life of the mine in the third quarter of 2024 and to increase exploration efforts.
2. AngloGold ...