Mining Stock Daily The Playbook for Two Deals: Jason Kosec on Minera Alamos and the Hemlo Takeover
Sep 29, 2025
Guest Jason Kosec is an experienced mining executive and non-executive chairman of Minera Alamos, known for orchestrating key gold transactions. He discusses the Pan Mine acquisition, detailing plans to establish it as a new producer. Kosec also sheds light on the billion-dollar acquisition of the historic Hemlo Gold Mine, revealing how they aim to increase production by optimizing underutilized resources. He defends the valuation against market-top criticisms, emphasizing the mine's low costs and long life.
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Non‑Exec Role And Dual Pursuits
- Jason clarifies he is non-executive chairman of Minera Alamos and front-loaded much of the work before shifting focus to Hemlo.
- He was invited by Bob Quartermain and John Odd to pursue Hemlo and had shareholder support to balance both roles.
Close Financing Then Operational Handover
- Close financing, complete acquisition paperwork, and ensure bonding and insurance are in place to finalize a mine takeover.
- Jason praises Monero's team and emphasizes a smooth transition with the previous operator to secure operations.
Operating Mines Re‑Rate Valuation
- Acquiring operating mines often re-rates a company's share price once financing and initial operational quarters are shown.
- Jason points to his prior Pan purchase experience, where share price rose ~200% after execution and delivery.