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Alamos' total gold production in 2022 was 457,200 ounces. Alamos also owns several development-stage projects: the Lynn Lake Project in Lynn Lake, Manitoba , the Kirazlı, the Ağı Dağı, and Çamyurt Projects in the Biga district of northwestern Turkey , and the Quartz Mountain Property in Oregon, United States .
On Monday, Alamos Gold (NYSE:AGI) announced it achieved record production in 2024, reaching 567,000 ounces of gold, or a 7% year-over-year increase. The company announced an ambitious plan to ...
El Chanate is an open-pit gold mine located in the Altar Municipality of Sonora, [3] close to the Mexico–United States border, [4] in the northwest of Sonora, Mexico that is owned by Canadian corporation Alamos Gold. [4] The mine covers 4,618 hectares and is located around a fault, above sedimentary and volcanic rocks.
Vancouver based company Northgate Minerals bough the Young-Davidson in 2005, [4] and mining was restarted on September 10, 2010 [8] [4] In 2011, AuRico Gold bought Northgate and therefore the mine. [9] AuRico Gold merged with Alamos Gold in 2015. [9] [10] In 2021, the mine produced 140,900 ounces of gold, generating $53.1 million of revenue for ...
All amounts are in United States dollars, unless otherwise stated. TORONTO, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company)
In times of falling gold prices, gold producers can sustain their cash flow levels by battling costs and increasing production levels. However, this is not the case for Alamos Gold . The company ...
Alamos Gold said that despite Hecla Mining offering a higher bid to its own proposal to acquire Aurizon Mines , it would not raise its consideration, as it believes its bid is superior. In January ...
The Mulatos mine is an open-pit [1] [2] gold mine, located in Sahuaripa, Sonora, Mexico. [3] The state of Sonora produced 33% Mexico's total gold production in 2019. [4] It is one of two mines owned by Alamos Gold in the state of Sonora, the other being El Chanate. [5] The mine is operated by the company's local subsidiary Minas de Oro Nacional ...