Alamos Gold Inc. today reported new results from ongoing surface exploration drilling at Puerto Del Aire, extending high-grade gold mineralization outside of Mineral Reserves and Resources. Puerto Del Aire is a higher-grade underground deposit, adjacent to the main Mulatos pit, and is comprised of five zones including PDA1, PDA2, Gap, Victor and Estrella. All reported composite widths are estimated true width of the [...]
Alamos Gold Inc. today reported its financial results for the quarter ended September 30, 2022. "We had a solid third quarter overall, including our highest production in nearly two years. Our operations performed well with production near the top end of quarterly guidance and representing a 19% increase from the second quarter. Our costs were also down significantly from the first half of the year, coming in below full [...]
Alamos Gold Inc. plans to release its third quarter 2022 financial results after market close on Wednesday, October 26, 2022. Senior management will host a conference call on Thursday, October 27, 2022 at 10:00 am ET to discuss the results. Participants may join the conference call via webcast or through the following dial-in numbers: Toronto and International: 340-2217 Toll free : 806-5484 Participant passcode: 2437684 [...]
Alamos Gold Inc. has released its 2021 Environmental, Social, and Corporate Governance Report , which outlines the Company's progress on its ESG performance in 2021 across its operations, projects and offices, and provides direction on planned initiatives for 2022. "Alamos Gold is approaching our 20th anniversary in 2023, and sustainability has long been at the core of our strategy. This past year is without exception [...]
Alamos Gold Inc. today announced that the Company's Board of Directors has declared a quarterly dividend of US$0.025 per common share. The Company has paid dividends for 13 consecutive years during which time $275 million has been returned to shareholders through dividends and share buybacks, including $38 million thus far in 2022. The dividend is payable on September 29, 2022 to shareholders of record as of the close of [...]
Alamos Gold Inc. today announced that it has filed a technical report for its Island Gold mine, located in Ontario, Canada. The report was prepared in accordance with National Instrument 43-101 - Standards for Disclosure for Mineral Projects and supports the disclosure outlined in Alamos' news release dated June 28, 2022. The report is available under the Company's profile on SEDAR at www.sedar.com and on the Alamos [...]
Alamos Gold announced the appointment of Luc Guimond as Chief Operating Officer effective Sept 1, 2022. As part of an established multi-year plan, Luc will succeed Peter MacPhail who will be retiring as of August 31, 2022. To support the transition, Peter will be staying with the Company as a consultant until the third quarter of 2023. Luc Guimond has nearly 35 years of experience in the mining industry in operations [...]
Alamos Gold reported its financial results for the quarter ended June 30, 2022. “We achieved several key short- and long-term objectives in the second quarter. Production was in-line with guidance and costs well below quarterly guidance reflecting solid performances at our Canadian operations and a strong start from La Yaqui Grande which achieved initial production ahead of schedule. With La Yaqui Grande expected to drive [...]
Alamos Gold Inc. reported results of the Phase 3+ Expansion Study conducted on its Island Gold mine. The P3+ Expansion Study outlines a larger, more profitable, and valuable operation than outlined in the Phase III Expansion Study released in 2020. Based on the results of the P3+ Expansion Study, the Company is proceeding with an expansion of the operation to 2,400 tonnes per day. The P3+ Expansion Study has been updated [...]
Alamos Gold Inc. is pleased to announce initial gold production from the La Yaqui Grande mine, following the completion of construction this month, ahead of schedule. Stacking rates continue to ramp up with leaching activities beginning earlier in June. To mark the occasion, the Company held a ceremony at site with President and Chief Executive Officer John A. McCluskey, members of the Alamos Gold Board of Directors, and [...]
Alamos Gold is pleased to announce its Company target of a 30% reduction in absolute GHG emissions by 2030 from the 2020/2021 average baseline year. This target includes scope 1 and scope 2 GHG emissions, inclusive of all GHG emissions covered by the Kyoto Protocol1. This is a significant milestone in Alamos’ sustainability journey and considered a credible target2 by definition of the Carbon Disclosure Project. Alamos is [...]
Alamos Gold Inc. announced that the Company's Board of Directors has declared a quarterly dividend of US$0.025 per common share. The Company has paid dividends for 13 consecutive years during which time $264 million has been returned to shareholders through dividends and share buybacks, including $27 million thus far in 2022. This includes 1.0 million shares repurchased under the normal course issuer bid in May 2022 at a [...]
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