- Business
- Minera Alamos Inc. is a Canada-based gold production and development company focused on low-capital-intensity mines across North America. The company owns and operates the Pan heap-leach gold mine complex in Nevada, US, including the adjacent federally permitted Goldrock development project; advances the permitted Copperstone gold mine in Arizona; and holds a portfolio of Mexican assets comprising the 100%-owned Santana open-pit heap-leach gold mine in Sonora, the 100%-owned Cerro de Oro oxide gold project in Zacatecas advancing through permitting, the 100%-owned La Fortuna open-pit gold-silver-copper project in Durango with main federal permits and a positive preliminary economic assessment, and the Los Verdes exploration-stage copper-molybdenum property. Minera Alamos targets primary gold production with by-product silver and copper credits, serving markets in the Americas from operations in the US and Mexico. Founded in 1934 and headquartered in Toronto, Ontario, the company conducts exploration, development, and mining activities primarily in these regions.
In late 2024, Minera Alamos acquired Sabre Gold Mines Corp., adding the advanced-stage Copperstone gold project to its US portfolio and expanding its presence into Arizona. In Q4 2025, the company completed a transformational acquisition of the producing Pan gold mine complex from Equinox Gold, which included guided 2025 production of 30,000-40,000 ounces at US$1,600-1,700 per ounce all-in sustaining costs prior to the deal, and appointed Jason Kosec to lead strategic growth initiatives. Earlier in 2025, Minera Alamos closed a C$135 million bought deal financing, re-affirmed 2025 production guidance for Pan, provided development updates for Copperstone, and strengthened its management team with appointments including Darren Blasutti as Executive Vice President, Corporate Development; it also views Santana as non-core and explores sale options post-Equinox transaction.