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Cover for Minera Alamos Looking Towards Generating Recurring Cash Flow with the New Mining Plan in Action

Minera Alamos Looking Towards Generating Recurring Cash Flow with the New Mining Plan in Action

July 17, 2024
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Mining Stock Daily
By Mining Stock Daily
Mining Stock Daily

Minera Alamos President Doug Ramshaw provides an update on the company's operations at the Santana mine. The mining and stacking operations are progressing well, with an accelerated production rate. The leaching process is expected to take several weeks, but the company has good metallurgical data and expects high gold recoveries. The new mining plan is aimed at generating recurring cash flow and improving financials in the coming quarters. Minera Alamos has been capital conscious and focused on delivering efficient and high-margin ounces.

Mining Stock Daily
Mining Stock Daily
Mining Stock Daily is a news-style briefing delivering the day's most important information out of the junior mining and mineral exploration sector. Content is published throughout the world on a dozen different platforms.
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