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The Mulatos mine is Alamos Gold's founding operation. It was acquired for $10 million and has produced over two million ounces of gold and generated ~$350 million in free cash flow since 2005. Mulatos remains a consistent gold producer, and significant cash flow generator, with strong exploration potential. 2022 Guidance Production
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Alamos proceeds with Island Gold shaft expansion. Based on the strong economics of the Phase III Expansion study for the Island Gold mine in Ontario, which includes a new 1,373-metre shaft, Alamos ...
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Alamos Gold(NYSE:AGI): It's been a rough year thus far for investors in the Gold Miners Index (GDX), with the ETF being one of the worst performers year-to-date. This is evidenced by its (-) 16% return vs. a 22% return for the S&P-500 (SPY). Taylor Dart identifies 3 gold miners that are worth buying on the dip.
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Alamos Gold Reports Fourth Quarter and Full Year 2011 Operating Results and Provides 2012 Guidance . Toronto, Ontario - Alamos Gold Inc. (TSX: AGI) ("Alamos" or the "Company") reports fourth ... The Company expects gold produced from the gravity mill, which will process high-grade ore from Escondida, will add a minimum of
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Alamos Gold Inc. (TSX, NYSE: AGI) reports that it has received the forestry permits required for the development of its Kirazli gold project from the Forestry General Directorate in Turkey. ... Jaguar Announces Recommissioning Of Mill At Turmalina Mine. Thursday January 05, 2016 09:30. By Allen Sykora of Kitco News; asykora@kitco . Millrock ...
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The new company is expected to produce 500,000 ounces of gold this year, anchored by three mines in Mexico and Canada, officials added. Alamos will be acquiring Richmont's flagship Island Gold Mine. The company said the deal will make Alamos a top 10 gold producer in North America, with nearly 60% of its production in the mining-friendly ...
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Alamos says the two deposits it proposes to mine have total proven and probable reserves of 26.8 million tonnes grading 1.89 g/t gold and 2.99 g/t silver. Contained gold is estimated to be over 1.6 million oz. There are a further 4.8 million measured and indicated tonnes at 1.58 g/t gold and 1.4 million inferred tonnes at 1.48 g/t gold.
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Vetran miner Mike Reynolds takes us through a tour of a gold processing mill that he has been working on for several years. He explains the process of taking...
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Alamos is a Canadian-based intermediate gold producer with diversified production from four operating mines in North America. This includes the Young-Davidson and Island Gold mines in northern Ontario, Canada and the Mulatos and El Chanate mines in Sonora State, Mexico.
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This planned mill expansion at the Buckreef Gold Project, was first announced on October 28, 2021 ―less than 12 months ago―at a capital cost of US$4 million, which remains on budget ...
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Alamos Gold Announces Phase 3+ Expansion of Island Gold to 2,400 tpd, Driving a Larger, More Profitable Operation with Average Annual Gold Production of 287k oz, Industry Low All-in Sustaining Costs of $576/oz, and a 31% Increase in Net Present Value ("NPV") to $2.0 Billion at $1,850/oz Gold T.AGI | June 28, 2022
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Alamos sold 62,516 ounces of gold in the fourth quarter of 2012 for record quarterly revenues of $106.9 million, a 50% increase from revenues of $71.1 million in the same period of 2011. For 2012, the Company sold 197,516 ounces of gold for record annual revenues of $329.4 million, 45% higher than revenues of $227.4 million in 2011. 2013 Guidance
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DENVER-- ( BUSINESS WIRE )-- Royal Gold, Inc. ( NAS: RGLD) (TSX:RGL) today announced net income attributable to Royal Gold stockholders of $24.8 million, or $0.42per basic share, on record royalty ...
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Last year, the underground mine produced 150,400 oz. of gold, a new record for the asset. In September 2018, Alamos completed the first mill expansion, to 1,100 t/d, and received a permit for a...
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Jul 28, 2022Alamos Gold Inc. (NYSE:NYSE:AGI) Q2 2022 Results Conference Call July 28, 2022 10:00 AM ET Company Participants John McCluskey - President, Chief Executive Officer and Director James Porter...
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Following further exploration success, Alamos Gold Inc has upgraded its expansion plans for the Island Gold mine in Ontario, Canada. ... study with several scope changes to accommodate the 20% increase in production rates to 2,400 t/d including a larger mill expansion and paste plant, as well as accelerated development to support the higher ...
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Historically, both operations processed their ore at the mill and processing plant in Lynn Lake. Alamos will be constructing a new mill and processing plant at the MacLellan site where ore from both the Gordon and MacLellan sites will be processed. Alamos is planning for a 13-year mine life, though the Gordon site will be mined out by year 5 of
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Alamos Gold Announces Phase 3+ Expansion of Island Gold to 2,400 tpd, Driving a Larger, More Profitable Operation with Average Annual Gold Production of 287k oz, Industry Low All-in Sustaining Costs of $576/oz, and a 31% Increase in Net Present Value ("NPV") to $2.0 Billion at $1,850/oz Gold | Financial Post
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Aug 1, 2022Alamos Gold reported its Q2 earnings last week. Quarterly production was ~103,900 ounces. Read why AGI is one of the sector's best buy-the-dip candidates.
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This represented an in-situ value of $145 million at a gold price of $1,450/oz. The paste plant will have a capacity of 2,000 t/d and capital cost of $34 million with the plant expected to be completed in the December quarter of 2023, Alamos said.
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Alamos Gold ("Alamos") is a Canadian multinational gold producer, headquartered in Toronto, Canada. Alamos operates three mines across North America, and has six further projects in development. Alamos Gold is engaged in the mining and extraction of, and exploration for, precious metals, primarily gold.
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TORONTO, Dec. 16, 2021 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE: ... 14 km south of the Town of Lynn Lake, and 28 km from the proposed MacLellan mill. The Burnt Timber and Linkwood ...
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AuRico Gold was an intermediate gold mining and exploration company that, until August 2011, operated only in Mexico.It reached intermediate gold producer status in August 2011 when Northgate Minerals agreed to be taken over for C$1.46 billion. Gammon Gold was an exploration company until 2004 when it started producing for the first time.
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Oct 24, 2017 @ 09:17 Alamos Gold Inc. and Richmont Mines Inc. announced today that they have been granted an interim order from the Quebec Superior Court (Commercial Division) authorizing various matters, including the holding of special meetings of Alamos and Richmont shareholders to consider the proposed plan of arrangement whereby Alamos will acquire all of the issued and outstanding shares ...
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With a mine and mill that can both support throughput rates of 1,200 tpd, no additional capital will be required for the Phase II expansion. ... Alamos Gold's Vice President, Technical Services, has reviewed and approved the scientific and technical information contained in this news release. Chris Bostwick is a Qualified Person within the ...
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Alamos Gold, which has wrapped up its phase three expansion study of the Island Gold operation in Ontario, Canada, said it will be moving forward with the plan to drive production up from 1,200 tonnes per day to 2,000t/d. ... The chose scenario will see a shaft built, a paste fill plant and expansions to both the mill and tailings facility. The ...
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Alamos Gold Inc. (AGI) shares on Wednesday's trading session, jumped 3.08 percent to see the stock exchange hands at $8.03 per unit. Lets a quick look at company's past reported and future predictions of growth using the EPS Growth. EPS growth is a percentage change in standardized earnings per share over the trailing-twelve-month period to ...
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Alamos Gold Ramps Up Mulatos Gold Mine Operations Laos Gold Mine Resumes Production After Six Years Further to completion of shaft in 2025, the average gold production is expected to increase by around 72% to 236,000 ounces per year. The total cash costs are expected to fall by 19% to $403 per ounce of gold.
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TORONTO, Feb. 23, 2022 (GLOBE NEWSWIRE) - Alamos Gold Inc. ( TSX:AGI ; NYSE:AGI ) ("Alamos" or the "Company") today reported its financial results for the quarter and year ended December 31, 2021. "Our Canadian operations performed well in the fourth quarter driving a stronger finish to 2021 and meeting our revised full year production and cost guidance. Young-Davidson had a record ...
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Search 36 Gold Mines jobs now available in Dubreuilville, ... See popular questions & answers about Alamos Gold Inc. METALLURGIST. Argonaut Gold. Dubreuilville, ON. Full-time. ... Minimum of 5 years in a gold mill plant. Schedule: 7 days on / 7 days off (12 hour shifts).
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Alamos is proposing the construction, operation and eventual rehabilitation of the MacLellan and Gordon mine sites, two gold mining sites northeast of Lynn Lake, Manitoba. The Gordon mine historically operated as two open pit mines, which Alamos will redevelop as a larger single open pit mine.
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Having weighed five scenarios for a Phase III expansion at the Island gold mine, in Ontario, Canada, Alamos Gold is proceeding with a plan to carry out a blind sink down to the 1,373 m level, build a paste plant, and expand the mill and tailings facility at the operation to boost production. ... Mill recoveries are expected to average 96.5% ...
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Alamos Gold of Toronto is drilling more high grade intersections at the producing Island Gold mine 85 km northeast of Wawa. ... The mill was recently expanded to 1,100 t/d and expected to reach ...
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Currently they produce roughly 400koz. of gold per year. They have approximately 23Moz. of gold in the reserves and resources category of which 17Moz. are in the measured and indicated category. They have a market capitalisation of ~$2984.85M which is a rise of roughly 3% over the last nine months. As of 12/09/2021 they have no debt and ~$124M ...
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Apr 29, 2022Alamos Gold is tracking in line with guidance, but the headline results were not pretty. ... The shaft would have a hoisting capacity north of 3,000 tonnes per day, with mill throughput set to ...
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Based on a base-case gold price of US$1,450 per oz., the after-tax net present value estimate for this expansion comes in at US$1.02 billion, at a 5% discount rate, with a 17% internal rate of return. "Island Gold has been a tremendous acquisition for Alamos Gold," John McCluskey, the company's president and CEO, said in a release.
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Coupled with operating costs, the shaft expansion represents a more than US $1 billion investment for Alamos over a now-doubled mine life of 16-22 years. In that span, Alamos expects to produce 3.2 million ounces of gold, grading at 10.45 grams per tonne. Mining and milling rate will increase from 1,200 tonnes per day to 2,000 tonnes.
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