Alamos Gold Inc. today announced that the Company’s Board of Directors has declared a quarterly dividend of US$0.01 per common share. This represents the Company’s 10th consecutive year of paying a dividend during which time the Company has returned $156 million to shareholders through dividends and share buybacks. The dividend is payable on December 20, 2019 to shareholders of record as of the close of [...]
Alamos Gold Inc. today reported its financial results for the quarter ended September 30, 2019. “Our third quarter results were solid, driven by strong performances from Young-Davidson and Island Gold. Total cash costs were down 11% from a year ago and combined with the higher gold price, we generated record operating cash flow, before changes in working capital. With the strong year-to-date performance we remain [...]
Alamos Gold Inc. today reported that it has suspended all construction activities on its Kirazlı project pending the renewal of its Turkish mining concessions which expired on October 13, 2019. Although the mining concessions have not been revoked and can be renewed following this expiration date, no further construction activities can be completed until the concessions have been renewed. The Company has met all the regulatory requirements and conditions for the concessions to be renewed and reasonably expected the renewal by the expiration date. The communities local to the Kirazlı project remain supportive. As such, the Company is working with the Turkish Department of Energy and Natural Resources on securing the renewal of the mining concessions which will allow f... [...]
Alamos Gold Inc. plans to release its third quarter 2019 financial results after market close on Wednesday, October 30, 2019. Senior management will host a conference call on Thursday, October 31, 2019 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 [...]
Alamos Gold Inc. is pleased to announce that the Mexican Center for Philanthropy , the Alliance for Corporate Social Responsibility in Mexico , and Forum Empresa have named Alamos Gold Best Corporate Social Responsibility Practice 2019 in the category of Connecting with the Community. This award acknowledges the Company’s commitment to corporate social responsibility , highlighting successes with the voluntary [...]
Alamos Gold Inc. today reported new results from surface and underground exploration drilling at the Island Gold Mine, further extending high-grade gold mineralization. All reported drill widths are true width of the mineralized zones, unless otherwise stated. Extending Mineralization in New Area of Focus: high-grade mineralization extended 85 metres west and 75 m below the nearest previously reported intersection in the [...]
Alamos Gold Inc. today announced that the Company’s Board of Directors has declared a quarterly dividend of US$0.01 per common share. This represents the Company’s 10th consecutive year of paying a dividend during which time the Company has returned $152 million to shareholders through dividends and share buybacks. The dividend is payable on September 30, 2019 to shareholders of record as of the close of [...]
Alamos Gold Inc. today reported its financial results for the quarter ended June 30, 2019. “Our operations performed well across the board in the second quarter. Gold production was in line with guidance while total cash costs were down 16% year-over-year, driving stronger margins and record cash flow from operations. This was highlighted by another record quarter of production from Island Gold where we continue to [...]
Alamos Gold Inc. plans to release its second quarter 2019 financial results after market close on Wednesday, July 31, 2019. Senior management will host a conference call on Thursday, August 1, 2019 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 reported new results from surface exploration drilling at the Island Gold Mine, further extending high-grade gold mineralization. All reported drill widths are true width of the mineralized zones, unless otherwise stated. Eastern Extension: additional high-grade mineralization intersected in the previously untested area between the Eastern and Main Extensions. All five intersections drilled to date [...]
Alamos Gold Inc. today announced that the Company’s Board of Directors has declared a quarterly dividend of US$0.01 per common share. This represents the Company’s 10th consecutive year of paying a dividend during which time the Company has returned $147 million to shareholders through dividends and share buybacks. The dividend is payable on June 28, 2019 to shareholders of record as of the close of business [...]
Alamos Gold Inc. today reported it has been granted amendments to its existing operational permits from the Ministry of the Environment, Conservation and Parks, Ontario, allowing for the Phase II expansion of the Island Gold Mine to 1,200 tonnes per day . These amendments were received ahead of schedule and will allow underground mining and mill throughput rates to increase from the previously permitted rate of 1,100 tpd [...]
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