When a miner decides to dig deeper, it's usually because the geology gives them no other choice or because the economics demand a shift in scale. First Majestic Silver (AG +1.80%) recently found itself in the latter camp, choosing an aggressive expansion path through the $1.05 billion acquisition of the Gatos Silver Mine.This move shifted the company from a period of operational suspension and net losses between 2022 and 2024 to a phase of record production and profitability. Based in Vancouver and operatin ...