Alamos Gold reported the completion of the previously announced acquisition of all the issued and outstanding common shares of Orford Mining. A Final Order was granted by the Ontario Superior Court of Justice on April 2, 2024 approving the Plan of Arrangement pursuant to which the Transaction was implemented. "We are pleased to complete the acquisition of Orford Mining and its highly prospective Qiqavik Gold Project [...]
Alamos Gold Inc. plans to release its first quarter 2024 financial results after market close on Wednesday, April 24, 2024. Senior management will host a conference call on Thursday, April 25, 2024 at 11:00 am ET to discuss the results. The Company will hold its 2024 Annual General and Special Meeting of Shareholders on Thursday, May 23, 2024. Notice of First Quarter 2024 Results and Conference Call Participants may join [...]
Orford Mining is pleased to announce that at its special shareholder meeting held today, Orford obtained the requisite shareholder approval of its previously announced proposed plan of arrangement pursuant to which Alamos Gold will acquire all of the outstanding common shares of Orford not already owned by Alamos. For further details of the Arrangement, please refer to the Company's press releases dated January 15, 2024 [...]
Alamos Gold Inc. and Argonaut Gold Inc. are pleased to announce that they have entered into a definitive agreement whereby Alamos will acquire all of the issued and outstanding shares of Argonaut pursuant to a court approved plan of arrangement . As part of the Transaction, Alamos will acquire Argonaut's Magino mine, located adjacent to its Island Gold mine in Ontario, Canada. The integration of the two operations is [...]
Alamos Gold Inc. today announced that it has filed its annual information form and 2023 annual report on Form 40-F, including its audited financial statements for the year ended December 31, 2023, 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 during which time $334 million has been returned to shareholders through dividends and share buybacks, including $39 million in 2023. The dividend is payable on March 28, 2024 to shareholders of record as of the close of business on [...]
Alamos Gold Inc. today reported its financial results for the quarter and year ended December 31, 2023. "With the strong finish to the year, we delivered a record operational and financial performance in 2023. Production increased 15% to a record 529,300 ounces, achieving the top end of our increased full year guidance. Costs were also in line with annual guidance and decreased 4% from 2022 reflecting strong performances [...]
Alamos Gold Inc. today reported its updated Mineral Reserves and Resources as of December 31, 2023. For a detailed summary by asset, refer to the tables below. Highlights Global Proven and Probable Mineral Reserves increased 2% to 10.7 million ounces of gold grading 1.65 grams per tonne of gold ), with grades increasing 1%, reflecting higher-grade additions at Island Gold and Puerto Del Aire , and growth at Lynn Lake [...]
Alamos Gold Inc. today reported new results from underground exploration drilling at the Island Gold Mine. Underground exploration drilling continues to extend high-grade gold mineralization across the Island Gold Deposit within the main E1E and C-Zones, as well as several hanging wall and footwall structures in proximity to existing underground infrastructure. These results are expected to contribute to another increase [...]
Alamos Gold Inc. plans to release its fourth quarter and year-end 2023 financial results after market close on Wednesday, February 21, 2024. Senior management will host a conference call on Thursday, February 22, 2024 at 10:00 am ET to discuss the results. Participants may join the conference call via webcast or through the following dial-in numbers: Toronto and International: 340-2217 Toll free : 806-5484 Participant [...]
Orford Mining is pleased to announce that it has entered into a definitive arrangement agreement pursuant to which Alamos Gold has agreed to acquire all of the issued and outstanding common shares of Orford not already owned by Alamos by way of a plan of arrangement, for deemed consideration of C$0.10 per Orford Share, representing a total equity transaction value of approximately C$24 million on a fully diluted [...]
Alamos Gold Inc. is pleased to announce that it has entered into a definitive agreement pursuant to which Alamos will acquire all of the issued and outstanding shares of Orford Mining Corp. by way of a court-approved plan of arrangement . The acquisition will consolidate Alamos' existing ownership of Orford shares through which the Company will add the highly prospective Qiqavik Gold Project, located in Quebec, Canada [...]