Alamos Gold is a Canadian gold producer based in Toronto. The company has been in the market for almost 20 years and currently operates three active mines. To this end, Alamos Gold has a promising portfolio of projects that are still in the development phase.
Alamos Gold’s flagship project is the Young Davidson Mine in Canada. The underground gold mine is one of the largest mines in Canada. In 2022, Alamos Gold has planned production of 185 to 200-thousand ounces of gold at the mine.
The company
The Canadian-based gold company Alamos Gold was formed in 2003 from the merger of Alamos Minerals and National Gold and has been operating successfully in the market ever since. Alamos Gold currently operates two active mines in Canada, the Young Davidson Mine and the Island Gold Mine. In Mexico, the Mulatos Mine is also one of the company’s active production projects.
In addition, the portfolio includes some promising development projects in Canada, the USA, Mexico and Turkey.
The active mines of Alamos Gold
The Canadian gold producer’s flagship project is the Young Davidson Mine in the Canadian state of Ontario. It is an underground mine with growing production and large mineral reserves that will ensure production at the mine for many years to come.
The Young Davidson Mine is one of Canada’s largest gold mines and is 100 percent owned by Alamos Gold. Production of 185 to 200-thousand ounces of gold is planned for 2022.
The Island Gold Mine, also wholly owned by Alamos Gold, is also located in the Canadian state of Ontario. It, too, is among the highest-grade and, as it were, lowest-cost gold mines in the country. Underground production of 125 to 135-thousand ounces of gold is planned for the Island Gold Mine for the current year.
The Company’s third operating gold mine is the Mulatos Mine in the Sonora area of Mexico. The open pit mine produces approximately 130-thousand ounces of gold using the heap leach process. Alamos Gold acquired 100 percent of the mine in 2005 and has already produced more than 2 million ounces of gold there since then. The Mexican Mulatos mine also has a very special significance for the company, as it is the founding mine of Alamos Gold.
Development projects
In addition to the three active gold mines, Alamos Gold’s portfolio includes several promising development projects. These include the Kirazli, Agi Dagi and Camyurt development projects in Turkey, as well as the Lynn Lake Gold Project in Canada, the Esperanza Project in Mexico and the Quartz Mountain Gold Development Project in the USA.
