Alamos Gold reported its financial results for the quarter and year ended December 31, 2024. "We delivered another record year operationally and financially driven by strong performances across our operations. Production grew 7% to 567,000 oz, meeting our increased guidance and achieving a new annual record for the second consecutive year. Full year costs were in line with guidance and combined with the rising gold [...]
Alamos Gold Inc. today reported its updated Mineral Reserves and Resources as of December 31, 2024. For a detailed summary by asset, refer to the tables below. Highlights Global Proven and Probable Mineral Reserves increased 31% to 14.0 million ounces of gold grading 1.45 grams per tonne of gold ), driven by the acquisition of Magino in 2024, continued high-grade additions at Island Gold, and an initial Mineral Reserve at [...]
Alamos Gold reported positive results of an internal economic study completed on its Burnt Timber and Linkwood satellite deposits located in proximity to the Lynn Lake project in Manitoba, Canada. In August 2023, an Updated Feasibility Study was released on the Lynn Lake project outlining a long-life, low-cost project in Canada with attractive economics. The 2023 Study was based only on the Gordon and MacLellan deposits [...]
Alamos Gold Inc. today announced it has been granted approval of an amendment to its existing environmental impact assessment by Mexico's Secretariat of Environment and Natural Resources , allowing for the start of construction on the Puerto Del Aire project located within the Mulatos District. "Mulatos is our founding operation and a steady producer since 2005. Through a long-track record of exploration success, we have [...]
Alamos Gold Inc. plans to release its fourth quarter and year-end 2024 financial results after market close on Wednesday, February 19, 2025. Senior management will host a conference call on Thursday, February 20, 2025 at 11:00 am ET to discuss the results. Participants may join the conference call via webcast or through the following dial-in numbers: Toronto and International: 406-0743 Toll free : 898-3989 Participant [...]
Alamos Gold Inc. today reported fourth quarter and annual 2024 production. The Company also provided updated three-year production and operating guidance and announced a construction decision on the Lynn Lake project in Manitoba. "With the solid finish to the year, we met both our quarterly and increased annual production guidance. Production increased 7% from 2023 to a record 567,000 ounces and combined with strong [...]
Alamos Gold Inc. today reported new results from underground and surface drilling at the Island Gold Mine. Exploration drilling continues to extend high-grade gold mineralization across the Island Gold Deposit, as well as within several hanging wall and footwall structures. The ongoing success through 2024 is expected to drive another year of growth in Mineral Reserves and Resources within the year-end update to be [...]
Alamos Gold Inc. today announced the appointment of J. Robert S. Prichard as Chair of the Board of Directors, effective January 8, 2025. Mr. Prichard will succeed Paul Murphy, who sadly passed away in December 2024 after serving on the Board for over 14 years, and as Chairman for the past nine years. J. Robert S. Prichard has been a member of the Alamos Board for nearly six years, having joined in May 2019. Mr. Prichard [...]
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 18,605,661 Class A Common Shares , representing 5% of the Company's public float of the Common Shares, outstanding as at December 13, 2024. This represents approximately 4.4% of the Company's total [...]
Alamos Gold Inc. is deeply saddened to announce the passing of Paul J. Murphy, a Board member for over 14 years and Chairman for the past nine years. Mr. Murphy joined Alamos as a Director in 2010 and served as Chair of the Board since 2015, overseeing a period of transformative growth for the Company. He was a Partner of PricewaterhouseCoopers from 1981 to 2010 including serving as National Mining Leader from 2004 to [...]
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 including returning $41 million to shareholders thus far in 2024. The dividend is payable on December 19, 2024 to shareholders of record as of the close of business on December 5, 2024. This dividend qualifies as an "eligible [...]
Alamos Gold Inc. today reported its financial results for the quarter ended September 30, 2024. "We achieved a number of operational and financial records in the third quarter. Production increased to a record 152,000 ounces reflecting the addition of Magino and continued strong performances from Island Gold and Mulatos. With growing gold production and record gold prices, we generated record revenue and cash flow from [...]
