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The latest update is out from Minera Alamos ( (TSE:MAI) ).
Minera Alamos has announced the completion of its acquisition of Sabre Gold Mines and its Copperstone gold project, positioning itself as a diversified North American gold producer. The acquisition is expected to enhance the company’s annual gold production and leverage strong gold prices, while the advanced stage of permitting and existing infrastructure at Copperstone will accelerate its restart. The company is also expanding its team to support this growth, including new hires for mine planning and project-specific roles. This development is anticipated to significantly impact Minera Alamos’ operations in both Mexico and Arizona, signaling a busy year ahead for the company.
More about Minera Alamos
Minera Alamos Inc. is a company operating in the mining industry, focusing on the development and production of gold assets. The company is engaged in creating a diversified North American gold production platform, with operations including the Santana gold mine in Mexico and the newly acquired Copperstone gold project in Arizona, USA.
YTD Price Performance: 26.92%
Average Trading Volume: 330,846
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$155.3M
See more insights into MAI stock on TipRanks’ Stock Analysis page.
