Alamos Gold Inc.

Alamos Gold Inc. is pleased to announce that it has been recognized as a TSX30™ 2024 winner by the Toronto Stock Exchange . The annual ranking recognizes the 30 top performing stocks based on their dividend-adjusted share price performance over a three-year period. Alamos' share price increased 134% over the trailing three-year period. "We are proud to receive this prestigious recognition which is a testament to our [...]

Alamos Gold Inc. today announced the appointment of Tony Giardini to its Board of Directors. Additionally, Scott K. Parsons has been appointed Senior Vice President, Corporate Development and Investor Relations, and Khalid Elhaj has been appointed Vice President, Business Development and Investor Relations. Tony Giardini brings more than 40 years of financial and senior leadership experience within the mining sector. He [...]

Alamos Gold Inc. today reported results of the positive internal economic study completed on its Puerto Del Aire project located within the Mulatos District in Sonora, Mexico. PDA is a higher-grade underground deposit adjacent to the Mulatos open pit. Given PDA's attractive economics and proximity to the existing Mulatos infrastructure, the Company anticipates starting development of PDA in 2025 with first production [...]

Alamos Gold Inc. reported new results from ongoing surface exploration drilling within the Mulatos District focused on defining higher-grade mineralization at Puerto Del Aire and Cerro Pelon. Drilling at Cerro Pelon is following up on wide, high-grade underground oxide and sulphide intersections previously drilled below the Cerro Pelon open pit. The 2024 drill program has successfully expanded high-grade mineralization [...]

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 15 consecutive years during which time $354 million has been returned to shareholders through dividends and share buybacks, including $30 million thus far in 2024. The dividend is payable on September 26, 2024 to shareholders of record as of the close of [...]

Alamos Gold Inc. today reported its financial results for the quarter ended June 30, 2024. "Alamos delivered a record performance in the second quarter. Production exceeded quarterly guidance, increasing to a record 139,100 ounces. Combined with lower costs, this drove a number of financial records including free cash flow of $107 million," said John A. McCluskey, President and Chief Executive Officer. "We also continue [...]

Alamos Gold Inc. today reported new results from underground and surface drilling at the Island Gold Mine. Exploration drilling continues to extend high-grade gold mineralization across the Island Gold Deposit, as well as within several hanging wall and footwall structures. Delineation and definition drilling has defined wide, higher-grade zones within the Island East area. This is expected to drive further growth in [...]

Alamos Gold Inc. has released its annual Environmental, Social, and Governance Report , which outlines the Company's progress on its ESG performance in 2023 across its operations, projects and offices. "During 2023 our Alamos Gold team had the opportunity to reflect on two decades as a Company, and I am proud to say that our dedication to responsible mining has been foundational to achieving one of the best growth [...]

Alamos Gold Inc. today announced that it has entered into a gold sale prepayment agreement for total consideration of $116 million in exchange for the delivery of 49,384 ounces in 2025. The proceeds of the gold prepayment were used to eliminate gold forward purchase contracts, previously entered into by Argonaut Gold , totalling 179,417 ounces in 2024 and 2025 with an average price of $1,838 per ounce. The transaction has [...]

Alamos Gold is pleased to announce the completion of the previously announced acquisition of all the issued and outstanding common shares of Argonaut Gold not already held by Alamos. A Final Order was granted by the Ontario Superior Court of Justice on July 5, 2024 approving the Plan of Arrangement pursuant to which the Transaction was implemented. Approval from the Federal Economic Competition Commission in Mexico was [...]