Alamos Gold Inc. plans to release its second quarter 2020 financial results after market close on Wednesday, July 29, 2020. Senior management will host a conference call on Thursday, July 30, 2020 at 11:00 am ET to discuss the results. Participants may join the conference call by dialling 340-2216 or 273-9672 for calls within Canada and the United States, or via webcast at www.alamosgold.com. A playback will be available [...]
Alamos Gold Inc. today announced that the Company’s Board of Directors has declared a quarterly dividend of US$0.015 per common share. The Company has paid dividends for 11 consecutive years during which time $173 million has been returned to shareholders through dividends and share buybacks. The dividend is payable on June 30, 2020 to shareholders of record as of the close of business on June 16, 2020. This dividend [...]
Alamos Gold Inc. today reported a summary of the voting results of its Annual General Meeting of Shareholders . Results of the Meeting The Company is reporting the voting results of its Meeting held virtually on Wednesday, May 20, 2020. The summary of the results are as follows: Total Shares Voted: 300,723,826 Total Shares Issued and Outstanding: 390,737,603 Total Percentage of Shares Voted: 76.96% 1. Election of [...]
Alamos Gold Inc. today announced that it expects to begin ramping up full operations at its Mulatos mine on May 18, 2020. This follows the Mexican government’s declaration of mining as an essential activity. Mining activities at Mulatos were suspended in early April 2020 following the mandate by the government. Given the significant number of contained ounces stacked on the leach pad during the first quarter of 2020 [...]
Alamos Gold Inc. today reported its financial results for the quarter ended March 31, 2020. “We had a solid start to the year amidst a challenging environment with the COVID-19 pandemic. With strong operational performances at Island Gold and Mulatos, we exceeded the top end of our first quarter production guidance while completing several critical path items on the lower mine expansion at Young-Davidson,&rdquo [...]
Alamos Gold Inc. plans to release its first quarter 2020 financial results after market close on Wednesday, April 29, 2020. Senior management will host a conference call on Thursday, April 30, 2020 at 11:00 am ET to discuss the results. The Company will hold its 2020 Annual Meeting of Shareholders on Wednesday, May 20, 2020. Notice of First Quarter 2020 Results and Conference Call The Company's senior management will host [...]
Alamos Gold Inc. today announced that it will be suspending operations at its Mulatos mine until April 30, 2020 and extending the suspension of operations at Island Gold for an additional two-week period. The temporary suspension of operations at Mulatos follows a mandate by the Mexican Government to suspend all non-essential businesses until April 30, 2020 in response to the COVID-19 crisis. The Company will be scaling [...]
Alamos Gold Inc. today announced that it has filed its annual information form and 2019 annual report on Form 40-F, including its audited financial statements for the year ended December 31, 2019, 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 provided an update on the measures it has instituted to prevent the spread of COVID-19 including a 14 day suspension of operations at Island Gold. To date, Alamos has not had any confirmed cases of COVID-19 among any of its employees or contractors and has not experienced any impact to its operations or its supply chain. Over the past two weeks, the Company has instituted a number of measures to [...]
Alamos Gold Inc. today announced that it has entered into an agreement to acquire and cancel a 3% net smelter return royalty payable on production from the Island Gold mine for total cash consideration of C$75 million . The Royalty was acquired from a privately held company and is payable on gold production within four patented claims that comprise the majority of currently defined Mineral Reserves and Resources within [...]
Alamos Gold Inc. today announced that the Company’s Board of Directors has declared a quarterly dividend of US$0.015 per common share and introduced a Dividend Reinvestment and Share Purchase Plan . Quarterly Dividend Increased 50% As announced in December 2019, the Company has increased its quarterly dividend by 50% to an annual rate of US$0.06 per common share. The increase is a reflection of the Company’s [...]
Alamos Gold Inc. today reported its financial results for the quarter and year ended December 31, 2019. “We reported a solid fourth quarter and 2019. We met our production guidance for the fifth consecutive year, and we met our cost guidance with a 10% reduction in total cash costs from a year ago. Stronger gold prices and lower costs drove a 40% increase in operating cash flow,” said John A. McCluskey [...]
