US EditionAlamos Gold Announces Island Gold District Base Case Life of Mine Plan Outlining One of ...
- Alamos Gold announced an updated Base Case Life of Mine Plan for the Island Gold District with a net present value of $4.5 billion at a gold price of $2,400 per ounce.
- The updated Mineral Reserve totals 6.3 million ounces of gold, reflecting a 48% increase compared to previous estimates at the end of 2024, primarily due to resource conversions.
- The Phase 3+ Expansion is expected to double mining rates to approximately 12,400 tonnes per day by 2026, with completion largely de-risked.
- A reduction of 29% in greenhouse gas emissions per ounce is anticipated, making emissions 70% lower than the industry average.
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11 Articles
Alamos Gold Announces Island Gold District Base Case Life of Mine Plan Outlining One of the Largest and Lowest-Cost Gold Mines in Canada with Significant Upside - Alamos Gold (NYSE:AGI)
All amounts are in United States dollars, unless otherwise stated. TORONTO, June 23, 2025 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI), (TSX:AGI; NYSE:AGI) ("Alamos" or the "Company") today reported results of the Base Case Life of Mine Plan ("Base Case LOM Plan") completed on the Island Gold District operation, located in Ontario, Canada. The Base Case LOM Plan integrates Island Gold and Magino as one consolidated long-life operati…
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Alamos Gold Announces Island Gold District Base Case Life of Mine Plan Outlining One of the Largest and Lowest-Cost Gold Mines in Canada with Significant Upside
All amounts are in United States dollars, unless otherwise stated.
Alamos Gold Calls For Island Gold Mine To Boost Annual Production To 411,000 Ounces Beginning In 2026
Alamos Gold (TSX: AGI) has extended the life of mine of the Island Gold project to 12 years. The update follows the completion of a base case life of mine plan for the project, which integrates the recently acquired Magino project into the mix. The plan formally brings together the Island Gold and Magino assets to establish a base case for the operation, with Alamos expecting it to “become one of the largest, lowest-cost, and most profitable gol…
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