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Alamos buys Magino gold mine in Ontario for $325 million

Colin McClelland | March 27, 2024 | 11:22 am Markets Top Companies Canada Gold 

Alamos Gold (TSX: AGI; NYSE: AGI) is acquiring Argonaut Gold (TSX: AR) and its past-troubled Magino mine in northern Ontario in an all-share deal valued at $325 million to become Canada’s third-largest gold producer. The transaction, scheduled to close in...

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