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 $294 million has been returned to shareholders through dividends and share buybacks, including $47 million in 2022. The dividend is payable [...]
Alamos Gold is pleased to announce that it has entered into a definitive agreement pursuant to which Alamos will acquire all of the issued and outstanding shares of Manitou Gold by way of a court-approved plan of arrangement. The acquisition will consolidate Alamos' existing ownership of Manitou shares and increase its regional land package around [...]
Alamos Gold Inc. today reported its financial results for the quarter and year ended December 31, 2022. "We closed 2022 with our strongest performance of the year. This included record production and our lowest costs of the year driving stronger free cash flow of $18 million in the fourth quarter. We met our full year production and cost guidance [...]
Alamos Gold Inc. today reported its updated Mineral Reserves and Resources as of December 31, 2022. For a detailed summary by asset, refer to the tables below. Highlights Global Proven and Probable Mineral Reserves increased 2% to 10.5 million ounces of gold grading 1.63 grams per tonne of gold ), with grades increasing 3%, reflecting higher grade [...]
Alamos Gold Inc. today announced that founder, President and Chief Executive Officer John A. McCluskey will join members of the leadership team and Board of Directors in ringing the opening bell on the New York Stock Exchange on February 8, 2023. Alamos is celebrating its 20th anniversary as a Company and 10th year listed on the New York Stock [...]
Alamos Gold Inc. today reported new results from ongoing surface exploration drilling at Puerto Del Aire, further extending high-grade gold mineralization outside of Mineral Reserves and Resources. PDA is a higher-grade underground deposit, adjacent to the main Mulatos pit, and is comprised of five zones including PDA1, PDA2, Gap, Victor and [...]
Alamos Gold Inc. plans to release its fourth quarter and year-end 2022 financial results after market close on Wednesday, February 22, 2023. Senior management will host a conference call on Thursday, February 23, 2023 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 2022 production. The Company also provided updated three-year production and operating guidance. "With our strongest performance of the year coming in the fourth quarter, including record production, we met full year 2022 production guidance. We also expect to meet cost guidance with a [...]
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 [...]
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 [...]
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 [...]
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 [...]