Alamos Gold CEO, John McCluskey, discusses the recent acquisition of Argonaut Gold and the synergies it brings. The combination of the Island Gold and Magino mines allows for cost savings and increased production. The company aims to be a 900,000 ounce gold producer per annum by 2025. Alamos Gold is financing its projects through internally generated cash flow and has a conservative balance sheet with no debt. The company has a strong liquidity position and generates significant cash flow. Overall, Alamos Gold is focused on growth and delivering value to shareholders.
Alamos Gold: Many Good Reasons for the Acquisition of Argonaut Gold
12:37 MIN 1.279
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