M&A Deal Summary

Alamos Gold Acquires Orford Mining

On January 15, 2024, Alamos Gold acquired metals/mining company Orford Mining

Acquisition Highlights
  • This is Alamos Gold’s 2nd transaction in the Metals/Mining sector.
  • This is Alamos Gold’s 2nd transaction in Canada.
  • This is Alamos Gold’s 1st transaction in Ontario.

M&A Deal Summary
Date 2024-01-15
Target Orford Mining
Sector Metals/Mining
Buyer(s) Alamos Gold
Deal Type Add-on Acquisition

Target

Orford Mining

Toronto, Ontario, Canada
Orford Mining is a mineral explorer focused on a highly prospective and underexplored area of Northern Quebec and the Carolina Gold Belt in United States. Orford Mining is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

Alamos Gold

Toronto, Ontario, Canada
Category Company
Founded 2003
Sector Metals/Mining
Employees2,400
Revenue 1.0B USD (2023)
DESCRIPTION

Alamos Gold is an intermediate gold producer with diversified production from three operating mines in North America. This includes the Young-Davidson mine in northern Ontario, Canada and the Mulatos and El Chanate mines in Sonora State, Mexico. Additionally, the Company has a significant portfolio of development stage projects in Canada, Mexico, Turkey, and the United States. Alamos employs more than 1,300 people and is committed to the highest standards of sustainable development. Alamos Gold was founded in 2003 and is based in Toronto, Ontario.

DEAL STATS #
Overall 2 of 2
Sector (Metals/Mining) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Ontario) 1 of 1
Country (Canada) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-21 Richmont Mines

Rouyn-Noranda, Quebec, Canada

Richmont Mines, Inc. is a producer of gold from the Island Gold Mine in Ontario and is also advancing development of the significant high-grade resource extension to the east and at depth. Richmont Mines was founded in 1981 and is based in Rouyn-Noranda, Quebec.

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