Alamos Gold today announced that the Company's Board of Directors has declared a semi-annual dividend of US$0.03 per common share and introduced a Dividend Reinvestment and Share Purchase Plan. Semi-Annual Dividend This represents the Company's 11th consecutive semi-annual dividend and once again demonstrates its commitment to returning value to shareholders. Including the current dividend, the Company has returned a [...]
Alamos Gold today announced the closing of its previously announced non-brokered private placement pursuant to which Alamos subscribed for approximately 27.9 million common shares of AuRico Gold, representing approximately 9.9% of AuRico's outstanding common shares after giving effect to the private placement. The common shares were acquired at a price of US$2.99 per share, equal to AuRico's closing price on the New York [...]
Alamos Gold and AuRico Gold are pleased to announce that they have entered into a definitive agreement to combine their respective companies by way of a plan of arrangement, creating a new, leading intermediate gold producer. The Merger combines two top-quality, highly-complementary asset portfolios, including two long-life, cash flow-generating gold mines: AuRico's Young-Davidson mine in Ontario, Canada, and Alamos [...]
Alamos Gold plans to release its first quarter 2015 financial results before the start of trading on Thursday, May 7, 2015. Senior management will host a conference call at 12:00 pm ET on that day to discuss the results. The Company will hold its 2015 Annual Meeting of Shareholders on Wednesday, June 3, 2015. The Company also announced today that it has filed its 2014 annual report on Form 40-F, including its audited [...]
Alamos Gold today reported its updated mineral reserves and resources as of December 31, 2014. For a detailed summary of mineral reserves and resources by project, refer to the table below. Highlights Proven and Probable mineral reserves at Mulatos of 1.73 million ounces of gold, which at current throughput rates, implies a remaining reserve life of approximately seven years Total Mulatos open pit, heap leach mineral [...]
Alamos Gold today reported its financial results for the quarter and year ended December 31, 2014 and reviewed its operating, exploration and development activities. "We produced 140,500 ounces of gold in 2014 at total cash costs of $703 per ounce. Despite lower production from the mill in 2014, our operating costs remained at the low end of our full year guidance, driven by another strong performance from our open pit [...]
Alamos Gold plans to release its fourth quarter and year-end 2014 financial results before the start of trading on Thursday, February 19, 2015. Senior management will host a conference call at 12:00 pm ET on that day to discuss the results. Participants may join the conference call by dialling (416) 340-8527 or (877) 677-0837 for calls within Canada and the United States, or via webcast at www.alamosgold.com. A playback [...]
Alamos Gold today reported fourth quarter and annual 2014 production. The Company also provided 2015 production and operating guidance. Fourth Quarter and Full Year 2014 Operating Results Gold Production "2014 was a challenging year as we transitioned between high grade ore bodies at the Mulatos mine. We completed the transition to underground mining at San Carlos in the third quarter; however, a slower than anticipated [...]
Alamos today reported its financial results for the third quarter ended September 30, 2014 and reviewed its operating, exploration and development activities. "Operationally we had a solid quarter with 51,900 contained ounces stacked on the leach pad, the highest in more than a year with grades well above our annual budget. Gold production of 28,000 ounces reflected sharply lower recoveries in the quarter as we [...]
S&P Dow Jones Indices Canadian Index Operations announces the following index changes as a result of the quarterly reviews of the S&P/TSX Venture Select, Composite Buyback and Composite Shareholder Yield Indices. These changes will be effective at the open on Monday, October 20, 2014.
Alamos Gold plans to release its third quarter 2014 financial results before the start of trading on Thursday, October 23, 2014. Senior management will host a conference call at 12:00 pm ET on that day to discuss the results. Participants may join the conference call by dialling (416) 340-8527 or (877) 677-0837 for calls within Canada and the United States, or via webcast at www.alamosgold.com. A playback will be [...]
Alamos is pleased to announce that the Company's Board of Directors has declared a semi-annual dividend of US$0.10 per common share. This represents the Company's 10th consecutive semi-annual dividend and once again demonstrates its commitment to returning value to shareholders. Including the current dividend, the Company has returned a total of $102 million to shareholders through dividends and share repurchases over the [...]
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