Alamos Gold Inc. today reported fourth quarter and annual 2023 production. The Company also provided updated three-year production and operating guidance. "We finished 2023 with another strong quarter, achieving the top end of our increased annual guidance with record production of 529,300 ounces of gold. This represented a 15% increase from 2022, at lower costs, driving a record financial performance and strong free cash [...]
Alamos Gold Inc. today announced that it has filed with, and received acceptance from the Toronto Stock Exchange of, a Notice of Intention to make a Normal Course Issuer Bid permitting Alamos to purchase for cancellation up to 34,485,405 Class A Common Shares , representing 10% of the Company's public float of the Common Shares as at December 14, 2023, being 344,854,056 Common Shares. As at December 14, 2023, there were [...]
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 14 consecutive years during which time $324 million has been returned to shareholders through dividends and share buybacks, including $40 million thus far in 2023. The dividend is payable on December 20, 2023 to shareholders of record as of the close of [...]
Alamos Gold Inc. has released its annual Environmental, Social, and Governance Report , which outlines the Company's progress on its ESG performance in 2022 across its operations, projects and offices, and provides direction on planned initiatives for 2023. "While sustainability has been at the core of our strategy for over 20 years, we have published this report for the last 10 years in order to track the progress of our [...]
Alamos Gold Inc. today reported new results from its near mine and regional exploration drilling program at Island Gold. 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. Additionally, the regional exploration program [...]
Alamos Gold Inc. today reported its financial results for the quarter ended September 30, 2023. "With another strong quarterly performance, we are on pace for a record year both operationally and financially. Production of 135,400 ounces was above our quarterly guidance, putting us on track to set a new record for annual production. Given the strong year-to-date performance, we are raising our full year production [...]
Alamos Gold Inc. plans to release its third quarter 2023 financial results after market close on Wednesday, October 25, 2023. Senior management will host a conference call on Thursday, October 26, 2023 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 : 898-3989 Participant passcode: 3694467 [...]
Alamos Gold Inc. today reported new results from ongoing surface exploration drilling within the Mulatos District. Drilling continues to extend high-grade gold mineralization outside of Mineral Reserves and Resources at Puerto Del Aire. PDA is a higher-grade underground deposit adjacent to the Mulatos pit. Additionally, step-out drilling at the Capulin regional target continues to intersect wide intervals of significant [...]
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 14 consecutive years during which time $314 million has been returned to shareholders through dividends and share buybacks, including $30 million thus far in 2023. The dividend is payable on September 28, 2023 to shareholders of record as of the close of [...]
Alamos Gold Inc. today announced that it has filed a technical report for its Lynn Lake project, located in Manitoba, 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 August 2, 2023. The report is available on the Alamos website at www.alamosgold.com and will be available under [...]
Alamos Gold Inc. today reported results from the updated Feasibility Study conducted on the Lynn Lake project The 2023 Study replaces the previous Feasibility Study completed in 2017 and incorporates a 44% larger Mineral Reserve and 14% increase in milling rates to 8,000 tonnes per day supporting a larger, longer-life, low-cost operation. The 2023 Study has been updated to reflect the current costing environment, as well [...]
Alamos Gold Inc. today reported new results from its ongoing exploration program on the Lynn Lake project in Manitoba, Canada. The results are being released in advance of an updated Feasibility Study on the Lynn Lake project to be issued later this week, which will incorporate the Gordon and MacLellan gold deposits. Several regional exploration targets and drilling completed at Gordon over the past year and a half have [...]