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Alamos to buy Argonaut for US$276M

Magino to be intergrated into Island Gold mine

Paul Harris
Argnonaut Gold's Magino in Ontario, Canada

Argnonaut Gold's Magino in Ontario, Canada. Source: Argnonaut

Alamos Gold is to buy distressed gold developer Argonaut Gold for US$276 million in an all-stock deal to obtain the Magino mine adjacent to its Island Gold mine in Ontario, Canada. The integration of the...

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