Alamos Gold has raised its production guidance over 20% in 2025 to 2026 with the inclusion of the Magino mine and its integration with its Island Gold operation, in Ontario.
According to the company, the increase is driven by the incorporation of the Magino mine, as well as higher output from the Mulatos district, in Mexico.on July 12, 2024, less than half a year of production from Magino is being incorporated into 2024 estimates. Magino is expected to produce 40,000 to 50,000 ounces in the second half of 2024.
“The addition of Magino has enhanced our already strong growth profile, and its integration with Island Gold is expected to drive significant synergies and open up longer-term opportunities,” said Alamos CEO John A. McCluskey.
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