Alamos Gold Announces Friendly Acquisition of Argonaut Gold
Benzinga
MARCH 27, 2024
Transaction Highlights Creation of one of Canada's largest, lowest cost and most profitable gold mines – combined Magino and Island Gold mines are expected to produce approximately 280,000 ounces in 2024 4 , and increase to over 400,000 ounces per year at first quartile costs, following the completion of the Phase 3+ Expansion in 2026.
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