Loading ...Canadian miner Alamos Gold (TSX: AGI) has decided to go ahead with plans to build La Yaqui Grande gold mine in Mexico, following results from a positive internal economic study.
The announcement comes on the heels of the company’s recent decision to begin phase three expansion at the Island Gold mine in Ontario, Canada, which is expected to boost Alamos’ output by 72%.
Initial production at La Yaqui Grande, located only 7km from the miner’s existing Mulatos operation, is slated for the second half of 2022.