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Timmins/Alio cements new direction

Timmins Gold (CN:TMM) – soon to be known as Alio Gold (CN:ALO) once investors give assent – is expanding its corporate makeover with a revitalisation plan that will nearly double future production at its San Francisco mine in Mexico and extend the life of the operation by a year.

Cameron French
Timmins/Alio cements new direction

San Francisco, which is Timmins’ sole producing asset, hit commercial production in 2010, and has since seen output spike as high as 120,023 ounces in 2014, only to fall the following year and nearly shut...

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