Alamos Gold Inc. today announced that it has entered into an agreement to sell a portfolio of non-core royalties to Metalla Royalty & Streaming Ltd. for proceeds of USD$5.0 million in Metalla common shares. The portfolio being sold consists of three royalties and one silver stream, all of which are on assets not owned by Alamos. This includes a silver stream on the Esperanza project in Morelos, Mexico which was sold in [...]
Alamos Gold Inc. today announced that it has filed with and received acceptance from the Toronto Stock Exchange , for a Notice of Intention to make a Normal Course Issuer Bid permitting Alamos to purchase for cancellation up to 34,670,378 Class A Common Shares , representing 10% of the Company's public float of the Common Shares as of December 14, 2022, being 346,703,788 Common Shares. As at December 14, 2022, there were [...]
Alamos Gold Inc. deeply regrets to announce the death of an employee following an accident underground at the Young-Davidson mine this afternoon. "We are shocked and deeply saddened by the loss of our colleague. Nothing is more important than the safety of our employees. On behalf of the entire team at Alamos, we extend our deepest sympathies to his family, friends, and loved ones," said John A. McCluskey, President and [...]
Alamos Gold Inc. today reported new results from surface and underground exploration drilling at the Island Gold mine, further extending high-grade gold mineralization in Island West, Island East, and at depth. All reported drill widths are true width of the mineralized zones, unless otherwise stated. Island West: high-grade mineralization extended 225 metres west of existing Mineral Reserves and Resources . New [...]
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 13 consecutive years during which time $285 million has been returned to shareholders through dividends and share buybacks, including $48 million thus far in 2022. The dividend is payable on December 20, 2022 to shareholders of record as of the close of [...]
Alamos Gold Inc. today reported new results from ongoing surface exploration drilling at Puerto Del Aire, extending high-grade gold mineralization outside of Mineral Reserves and Resources. Puerto Del Aire is a higher-grade underground deposit, adjacent to the main Mulatos pit, and is comprised of five zones including PDA1, PDA2, Gap, Victor and Estrella. All reported composite widths are estimated true width of the [...]
Alamos Gold Inc. today reported its financial results for the quarter ended September 30, 2022. "We had a solid third quarter overall, including our highest production in nearly two years. Our operations performed well with production near the top end of quarterly guidance and representing a 19% increase from the second quarter. Our costs were also down significantly from the first half of the year, coming in below full [...]
Alamos Gold Inc. plans to release its third quarter 2022 financial results after market close on Wednesday, October 26, 2022. Senior management will host a conference call on Thursday, October 27, 2022 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 passcode: 2437684 [...]
Alamos Gold Inc. has released its 2021 Environmental, Social, and Corporate Governance Report , which outlines the Company's progress on its ESG performance in 2021 across its operations, projects and offices, and provides direction on planned initiatives for 2022. "Alamos Gold is approaching our 20th anniversary in 2023, and sustainability has long been at the core of our strategy. This past year is without exception [...]
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 13 consecutive years during which time $275 million has been returned to shareholders through dividends and share buybacks, including $38 million thus far in 2022. The dividend is payable on September 29, 2022 to shareholders of record as of the close of [...]
Alamos Gold Inc. today announced that it has filed a technical report for its Island Gold mine, located in Ontario, 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 June 28, 2022. The report is available under the Company's profile on SEDAR at www.sedar.com and on the Alamos [...]
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 [...]