Gatos Silver enters amended agreements with Dowa regarding LGJV
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 20 2024
0mins
Should l Buy ?
Amended Agreements: Gatos Silver has entered into amended agreements with Dowa Metals & Mining for the Los Gatos Joint Venture, effective January 1, 2025, which enhance Gatos Silver's management rights and allow for full consolidation of financial statements.
Strengthened Terms: The agreements also strengthen Dowa's zinc concentrate offtake rights, update management service terms, reduce voting requirements, and grant Gatos Silver sole-funding rights for significant modifications or expansions.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
