PRECIOUS METALS

Santana marks first stand for Minera Alamos

Construction of the Santana gold project in Sonora, Mexico, will be the first stand of Minera Alamos as it seeks to steadily build its annual production profile towards 150,000 ounces over the next three years, president Doug Ramshaw has told Mining Journal in Vancouver.

Construction underway at Santana in Sonora, Mexico

Construction underway at Santana in Sonora, Mexico

Alamos has just closed a C$6 million private placement financing with Osisko Gold Royalties to complete the construction funding, and through which Osisko increased its stake in the company from 12.3%...

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