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 $247 million has been returned to shareholders through dividends and share buybacks, including $51 million in 2021. The dividend is payable [...]
Alamos Gold Inc. announced today that it has entered into a binding agreement to sell its non-core Esperanza Gold Project located in Morelos State, Mexico to Zacatecas Silver Corp. for total consideration of up to $60 million . The Transaction is comprised of the following: $21 million of total consideration upon closing of the Transaction [...]
Alamos Gold Inc. today reported its financial results for the quarter and year ended December 31, 2021. "Our Canadian operations performed well in the fourth quarter driving a stronger finish to 2021 and meeting our revised full year production and cost guidance. Young-Davidson had a record year in terms of mining rates and free cash flow and [...]
Alamos Gold Inc. today reported its updated Mineral Reserves and Resources as of December 31, 2021. For a detailed summary by asset, refer to the tables below. Highlights Global Proven and Probable Mineral Reserves increased 4% to 10.3 million ounces of gold grading 1.58 grams per tonne of gold ), with grades also increasing 5%, reflecting higher [...]
Alamos Gold Inc. plans to release its fourth quarter and year-end 2021 financial results after market close on Wednesday, February 23, 2022. Senior management will host a conference call on Thursday, February 24, 2022 at 11:00 am ET to discuss the results. Participants may join the conference call via webcast or through the following dial-in [...]
Alamos Gold Inc. today reported fourth quarter and annual 2021 production. The Company also provided three-year production and operating guidance. "With stronger production in the fourth quarter, we met our revised full year 2021 guidance. This was driven by strong performances through the year from both Young-Davidson and Island Gold, with the [...]
Alamos Gold Inc. is pleased to announce the appointments of Luc Guimond as Vice President, Operations and Khalid Elhaj as Vice President, Business Strategy. L?on Grondin-Leblanc has been promoted to General Manager, Young-Davidson. Luc Guimond has nearly 35 years of experience in the mining industry in operations management, project management [...]
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 29,994,398 Class A Common Shares , representing 10% of the Company's public float of the Common Shares as of December 15 [...]
Alamos Gold Inc. today reported new results from its ongoing exploration program on the Lynn Lake Project in Manitoba, Canada. New greenfields discovery : broad zones of shallow gold mineralization intersected between the Gordon and MacLellan deposits which were the basis for the positive 2017 Feasibility Study. All 17 holes drilled to date in this [...]
Alamos Gold Inc. today announced the exercise of 5,299,525 common share purchase warrants with an exercise price of CDN$0.50 per common share of Red Pine Exploration Inc. in exchange for 5,299,525 common shares , representing approximately 4.83% of the outstanding common shares of Red Pine. Immediately prior to the Exercise, Alamos had beneficial [...]
Alamos Gold Inc. today announced that the Company's Board of Directors has declared a quarterly dividend of US$0.025 per common share. Additionally, the Company repurchased 383,000 shares at a cost of $2.9 million, or $7.55 per share, under its Normal Course Issuer Bid thus far in November. Year-to-date the Company has repurchased 1,183,262 shares [...]
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 the middle and lower portions of Island East. All reported drill widths are true width of the mineralized zones, unless otherwise stated. Island East Lower: high-grade gold [...]
