A local mine's marking a major milestone.
Argonaut Gold says its Magino Mine achieved commercial production on Wednesday, thanking the Magino team "for their hard work to achieve the commercial production milestone and celebrate the dedication of all employees, contractors, and community partners that have supported construction of the newest gold mine in Canada as we work to achieve our vision of becoming a low-cost, mid-tier North American gold producer that delivers value to all stakeholders".
Located near Dubreuilville, Magino is Argonaut's first Canadian operation - it marked its first gold pour in mid-June, and is expected to produce 72,000 to 81,000 ounces of gold this year before reaching 148,000 ounces in 2024, its first full year of production.