Alamos Gold Inc. today reported new results from surface and underground exploration drilling at the Island Gold Mine, further extending high-grade gold mineralization in Island Main, East and West. All reported drill widths are true width of the mineralized zones, unless otherwise stated. Island East: high-grade gold mineralization extended 110 metres down-plunge from the nearest Inferred Mineral Resource block, and up [...]
Alamos Gold Inc. plans to release its fourth quarter and year-end 2020 financial results after market close on Wednesday, February 24, 2021. Senior management will host a conference call on Thursday, February 25, 2021 at 11:00 am ET to discuss the results. Participants may join the conference call by dialling 340-2216 or 273-9672 for calls within Canada and the United States, or via webcast at www.alamosgold.com. A [...]
Alamos Gold Inc. today announced that it has filed with and received acceptance from the Toronto Stock Exchange , for a Notice of Intention to make a Normal Course Issuer Bid permitting Alamos to purchase for cancellation up to 35,145,504 Class A Common Shares , representing 10% of the Company’s public float of the Common Shares as of December 14, 2020, being 351,455,040 Common Shares. As at December 14, 2020, there were [...]
Alamos Gold Inc. is pleased to announce that it has completed an agreement to acquire Trillium Mining Corp. for cash consideration of C$25 million. Trillium holds a large land package comprised of 5,418 hectares directly adjacent to, and along strike from the Island Gold Deposit within the Michipicoten Greenstone Belt. The acquisition has significantly expanded the Company’s land package around the Island Gold mine [...]
Alamos Gold Inc. has released its first Economic Benefits Assessment of the Island Gold Mine report, which provides an overview of the mine’s economic value and community benefits in the region. Results show that the growing number of full-time jobs and training opportunities has positioned the mine to become an economic engine for the future of the region, including positively impacting the closest town of Dubreuilville [...]
Alamos Gold Inc. today provided 2021 production and operating guidance. “This has been a transformational year for Alamos. Operationally, we continue to execute and remain on track to achieve our 2020 production, cost, and capital guidance. We also delivered on several significant catalysts which have solidified our strong outlook. We completed the lower mine expansion at Young-Davidson, transitioned to strong free cash [...]
Alamos Gold Inc. today announced that the Company’s Board of Directors has declared a quarterly dividend of US$0.02 per common share. Quarterly Dividend Increased 33% As announced in October 2020, the Company has increased its quarterly dividend by 33% to an annual rate of US$0.08 per common share. The increase reflects the Company’s strong free cash flow outlook following the completion of the lower mine expansion at [...]
Alamos Gold Inc. today reported its financial results for the quarter ended September 30, 2020. “We had an excellent third quarter financially and operationally with strong performances at all three operations driving costs significantly lower. This included another record quarter at Island Gold, and Young-Davidson starting to demonstrate its full potential following the completion of the lower mine expansion. We [...]
Alamos Gold Inc. plans to release its third quarter 2020 financial results after market close on Wednesday, October 28, 2020. Senior management will host a conference call on Thursday, October 29, 2020 at 10:00 am ET to discuss the results. Participants may join the conference call by dialling 340-2216 or 273-9672 for calls within Canada and the United States, or via webcast at www.alamosgold.com. A playback will be [...]
Alamos Gold Inc. today reported new results from surface exploration drilling at the Island Gold Mine, further extending high-grade gold mineralization down-plunge in Island East. All reported drill widths are true width of the mineralized zones, unless otherwise stated. • Island East: high-grade gold mineralization extended up to 100 metres down-plunge from the nearest Inferred Mineral Resource block over [...]
Alamos Gold Inc. today announced that the Company’s Board of Directors has declared a quarterly dividend of US$0.015 per common share. The Company has paid dividends for 11 consecutive years during which time $179 million has been returned to shareholders through dividends and share buybacks. The dividend is payable on September 30, 2020 to shareholders of record as of the close of business on September 16, 2020. This [...]
Alamos Gold Inc. is pleased to announce the appointment of Scott R.G. Parsons as its Vice President, Exploration. Mr. Parsons succeeds Chris Rockingham following his retirement on August 31, 2020. “On behalf of the entire organization, I would like to thank Chris for his contributions to Alamos, including leading and developing our strong exploration team over the past two years. We wish Chris all the best in his [...]