Alamos Gold's Island District Expansion Targets 2028 Completion with $500M Capital Deploy
Alamos Gold's Island Gold District Expansion project in Ontario is scheduled for completion by December 2028, representing the company's largest single-site capital deployment. The expansion aims to triple production capacity at the high-grade underground operation, which currently produces approximately 140,000 ounces annually. The project signals sustained institutional confidence in North American gold mining assets amid elevated precious metal prices.
ViaNews Editorial Team (Finance)•