PRECIOUS METALS

Gatos Silver lifts output but reviews financial reporting

New York-listed Gatos Silver produced a record first quarter 2.39 million ounces of silver from its 70%-owned Cerro Los Gatos (CLG) mine in Mexico but the firm is re-assessing its financial reporting for last year and also 2020 as well as the financial impact of an overestimation of its resources.

Focus on Gatos Silver reporting

Focus on Gatos Silver reporting

Shares in the firm gained 8% to US$4.85 on the NYSE after the firm reported record output, announced new senior management appointments and stuck to previous guidance on plans to increase throughputs in...

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