Alamos Gold Inc T.AGI

Alternate Symbol(s): AGI

Metals & Mining Gold

Alamos Gold Inc. is an intermediate gold producer with diversified production from three operations in North America. This includes the Young-Davidson mine and Island Gold District in northern Ontario, Canada, and the Mulatos District in Sonora State, Mexico. Also, it has a portfolio of growth projects, including the Phase 3+ Expansion at Island Gold, and the Lynn Lake project in Manitoba, Canada. The Young-Davidson mine is located near the town of Matachewan in Northern Ontario, Canada. The Island Gold District consists of the adjacent Island Gold and Magino mines, located just east of the town of Dubreuilville, Ontario, Canada. The Mulatos mine is located in the Sierra Madre Occidental Mountain range in the east-central portion of the State of Sonora, Mexico. The Lynn Lake project is located in northern Manitoba and consists of two primary sites, MacLellan and Gordon. Its other projects are the Turkish Development Projects, the Quartz Mountain Gold Project, and Qiqavik Gold Project.

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Alamos Gold Inc > Central Banks Buying More Gold!

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Post by tootall123on Jan 06, 2025 5:31pm

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Post# 36391327

Central Banks Buying More Gold!

For the first half of 2024, central banks have acquired a record 483 tonnes of gold. The Reserve Bank of India (RBI) continues increasing its gold reserves, adding five tonnes in July. This brings the total addition for 2024 to 43 tonnes, with overall reserves now at around 846 tonnes.

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