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Alamos buys back Island Gold NSR royalty, lowers cost guidance

Cecilia Jamasmie | March 16, 2020 | 11:31 am Markets Canada Gold 

Alamos Gold (TSX, NYSE: AGI) has re-acquired a 3% net smelter return (NSR) royalty on production from the Island Gold mine in Ontario, Canada, for C$75 million ($54m), lowering its cost guidance for 2020 as a result. The royalty was acquired...

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