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 [...]
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 July 14, 2020. The report is available under the Company’s profile on SEDAR at www.sedar.com and on the Alamos [...]
Alamos Gold Inc. today reported its financial results for the quarter ended June 30, 2020. “The second quarter of 2020 will be remembered as one of the most challenging times in our history given the COVID-19 pandemic. We started the quarter with two of our operations being temporarily suspended, but we adapted well and by June both Island Gold and Mulatos had safely returned to normal operating levels,” said [...]
Alamos Gold Inc. today reported results of the positive internal economic study completed on its fully permitted La Yaqui Grande project located in the Mulatos District in Sonora, Mexico. Given the project’s strong economics and its proximity to the existing Mulatos operation, the Company is proceeding with construction of the project starting in the second half of 2020. La Yaqui Grande Project Highlights Average annual [...]
Alamos Gold Inc. today reported results of the positive Phase III Expansion Study conducted on its Island Gold mine, located in Ontario, Canada. Based on the results of the study, the Company is proceeding with an expansion of the operation to 2,000 tonnes per day . This follows a detailed evaluation of several scenarios which demonstrated the Shaft Expansion as the best option, having the strongest economics, being the [...]
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 all three areas of focus. All reported drill widths are true width of the mineralized zones, unless otherwise stated. Island East Lower: high-grade mineralization intersected in the 120 metre gap between Mineral Resources in the middle and lower portion [...]
Alamos Gold Inc. today announced that it has completed the lower mine expansion at Young-Davidson with the successful commissioning of the Northgate shaft. “This marks a significant milestone for Young-Davidson and turning point for Alamos as we transition from a reinvestment phase to a period of strong free cash flow growth. I would like to congratulate the entire team at Young-Davidson for this historic achievement [...]
Alamos Gold Inc. plans to release its second quarter 2020 financial results after market close on Wednesday, July 29, 2020. Senior management will host a conference call on Thursday, July 30, 2020 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 playback will be available [...]