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 [...]
Alamos Gold Inc. today reported a summary of the voting results of its Annual General and Special Meeting of Shareholders. Results of the Meeting: The Company is reporting the voting results of its Meeting held virtually on Thursday, May 26, 2022. The summary of the results are as follows:
Alamos Gold Inc. announced that it has entered into an automatic share purchase plan with a broker in order to facilitate repurchases of Alamos’ Class A common shares under its previously announced normal course issuer bid. Since December 24, 2021, Alamos has purchased 1.0 million shares in total pursuant to the NCIB at an average price of US$7.415 at a cost of $7.4 million, with all the purchases occurring in May 2022.
Alamos Gold Inc. today reported its financial results for the quarter ended March 31, 2022. "Our first quarter production and costs were in line with guidance and with stronger results expected through the year, we remain well positioned to achieve our annual guidance. La Yaqui Grande remains on track for initial production in the third quarter and is expected to drive our production higher and costs significantly lower [...]
Alamos Gold Inc. today announced the groundbreaking for the Island Gold Mine expansion. Already one of the most profitable mines in Canada, the expansion will increase production, lower costs, and be an economic engine for the Algoma region. The expansion will also best position the operation to benefit from additional exploration success. John A. McCluskey, President and Chief Executive Officer, stated: "When we first [...]
Alamos Gold Inc. plans to release its first quarter 2022 financial results after market close on Wednesday, April 27, 2022. Senior management will host a conference call on Thursday, April 28, 2022 at 11:00 am ET to discuss the results. The Company will hold its 2022 Annual General and Special Meeting of Shareholders on Thursday, May 26, 2022. Notice of First Quarter 2022 Results and Conference Call The Company's senior [...]
Alamos Gold Inc. today announced that it has filed its annual information form and 2021 annual report on Form 40-F, including its audited financial statements for the year ended December 31, 2021, with the SEC on EDGAR as well as the Canadian securities authorities on SEDAR. These documents are also available at www.alamosgold.com and a hard copy will be provided to shareholders free-of-charge upon request. About Alamos [...]
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