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  1. Mar 27, 2024 · Share. Two northern Ontario gold mines are planning to become one creating "one of the largest and lowest cost gold mines in Canada" and saving US$515 million over the life of the operations. Alamos Gold announced its intention to buy Argonaut Gold in a news release Wednesday morning. Gold from Island Gold mine in Dubreuilville, Ont. (Alamos Gold)

  2. Mar 27, 2024 · 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.

  3. Mar 27, 2024 · Unlocking Value Through the Creation of One of Canada's Largest and Lowest Cost Gold Mines. TORONTO, March 27, 2024 /CNW/ - Alamos Gold Inc. ("Alamos") (TSX: AGI) (NYSE: AGI) and Argonaut Gold Inc. ("Argonaut") (TSX: AR) are pleased to announce that they have entered into a definitive agreement (the "Agreement") whereby Alamos will acquire all of the issued and outstanding shares of Argonaut ...

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  4. Mar 27, 2024 · Unlocking Value Through the Creation of One of Canada's Largest and Lowest Cost Gold Mines. TORONTO, March 27, 2024 /CNW/ - Alamos Gold Inc. ("Alamos") (TSX: AGI) (NYSE: AGI) and Argonaut Gold Inc ...

  5. Jul 12, 2024 · Together, they will create one of the largest and lowest cost gold mines in Canada with significant longer-term expansion potential supported by their long mine lives, and ongoing exploration ...

  6. Dec 4, 2023 · The road to being a mine was a long one – punctuated by doubling capex costs, a milling problem, and the ouster of a chief executive. The company believes it may well be one of the largest and lowest cost gold mines in Canada producing 148,000 gold equivalent oz. in 2024 (the first full year of operation) at a cash cost of US$868 per ounce.

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  8. Mar 28, 2024 · A media release from Alamos says the integration of the two operations is expected to create one of the largest and lowest cost gold mines in Canada. ... president and CEO of Argonaut Gold, added ...

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