Alamos Gold Inc. announced today that it has entered into a binding agreement to sell its non-core Quartz Mountain Gold Project located in Lake County, Oregon to Q-Gold Resources Ltd. for total consideration of up to $21 million and a 9.9% equity interest in Q-Gold . The Transaction is comprised of the following: i. $2.85 million in cash and 9.9% of common share equity in Q-Gold upon closing of the Transaction ii. $8.15 [...]
Alamos Gold Inc. plans to release its first quarter 2025 financial results after market close on Wednesday, April 30, 2025. Senior management will host a conference call on Thursday, May 1, 2025 at 11:00 am ET to discuss the results. The Company will hold its 2025 Annual General and Special Meeting of Shareholders on Thursday, May 29, 2025. Notice of First Quarter 2025 Results and Conference Call Participants may join the [...]
Alamos Gold Inc. today announced that it has filed its annual information form and 2024 annual report on Form 40-F, including its audited financial statements for the year ended December 31, 2024, 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 [...]
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, including returning $41 million to shareholders in 2024. The dividend is payable on March 27, 2025 to shareholders of record as of the close of business on March 13, 2025. This dividend qualifies as an "eligible dividend" for [...]
Alamos Gold reported its financial results for the quarter and year ended December 31, 2024. "We delivered another record year operationally and financially driven by strong performances across our operations. Production grew 7% to 567,000 oz, meeting our increased guidance and achieving a new annual record for the second consecutive year. Full year costs were in line with guidance and combined with the rising gold [...]
Alamos Gold Inc. today reported its updated Mineral Reserves and Resources as of December 31, 2024. For a detailed summary by asset, refer to the tables below. Highlights Global Proven and Probable Mineral Reserves increased 31% to 14.0 million ounces of gold grading 1.45 grams per tonne of gold ), driven by the acquisition of Magino in 2024, continued high-grade additions at Island Gold, and an initial Mineral Reserve at [...]
Alamos Gold reported positive results of an internal economic study completed on its Burnt Timber and Linkwood satellite deposits located in proximity to the Lynn Lake project in Manitoba, Canada. In August 2023, an Updated Feasibility Study was released on the Lynn Lake project outlining a long-life, low-cost project in Canada with attractive economics. The 2023 Study was based only on the Gordon and MacLellan deposits [...]
Alamos Gold Inc. today announced it has been granted approval of an amendment to its existing environmental impact assessment by Mexico's Secretariat of Environment and Natural Resources , allowing for the start of construction on the Puerto Del Aire project located within the Mulatos District. "Mulatos is our founding operation and a steady producer since 2005. Through a long-track record of exploration success, we have [...]
Alamos Gold Inc. plans to release its fourth quarter and year-end 2024 financial results after market close on Wednesday, February 19, 2025. Senior management will host a conference call on Thursday, February 20, 2025 at 11:00 am ET to discuss the results. Participants may join the conference call via webcast or through the following dial-in numbers: Toronto and International: 406-0743 Toll free : 898-3989 Participant [...]
Alamos Gold Inc. today reported fourth quarter and annual 2024 production. The Company also provided updated three-year production and operating guidance and announced a construction decision on the Lynn Lake project in Manitoba. "With the solid finish to the year, we met both our quarterly and increased annual production guidance. Production increased 7% from 2023 to a record 567,000 ounces and combined with strong [...]
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. The ongoing success through 2024 is expected to drive another year of growth in Mineral Reserves and Resources within the year-end update to be [...]
Alamos Gold Inc. today announced the appointment of J. Robert S. Prichard as Chair of the Board of Directors, effective January 8, 2025. Mr. Prichard will succeed Paul Murphy, who sadly passed away in December 2024 after serving on the Board for over 14 years, and as Chairman for the past nine years. J. Robert S. Prichard has been a member of the Alamos Board for nearly six years, having joined in May 2019. Mr. Prichard [...]