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Alamos Gold
MAMI member Alamos Gold is a Canadian-based intermediate gold producer with diversified production from four operating mines in North America. The company was formed on February 21, 2003 as a result of the amalgamation of Alamos Minerals and National Gold. Prior to the merger, both Alamos Minerals and National Gold were involved primarily in mineral exploration activities in North America.
Alamos acquired its Lynn Lake Gold Project in 2016. On December 14, 2017, Alamos announced positive results from their project feasibility study, outlining a solid economic base case for the project with an after-tax net present value of over $120 million.
MAMI is pleased to see John A. McCluskey, Alamos President and CEO, describe Manitoba as a great place for mining: "With its location in one of the best mining jurisdictions in the world, Lynn Lake is an important piece of our longer term growth strategy."
We couldn't agree more, John!
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