Alamos Gold Profits Up 65% in First Quarter
Mining Weekly reported that Alamos Gold (TSX:AGI) reported that a tax gain and higher gold prices helped the company to a 65% boost in Q1 profit.
Mining Weekly reported that Alamos Gold (TSX:AGI) reported that a tax gain and higher gold prices helped the company to a 65% boost in Q1 profit.
Reuters reported that third quarter gold production for Alamos Gold (TSX:AGI) was up 9% over the same period last year.
Alamos Gold Inc. (TSX:AGI), Fronteer Development Group Inc. (TSX:FRG)(NYSE Amex:FRG), and Teck Resources Limited (TSX:TCK.B)(NYSE:TCK) have signed a definitive share purchase agreement providing for Alamos to acquire 100% of the Aği Daği and Kirazli gold projects through the purchase of certain Turkish subsidiaries held by Teck and Fronteer respectively. The press release is quoted as [...]
By Kishori Krishnan Exclusive To Gold Investing News What gives with junior gold miners? Many say we haven’t seen anything yet, and that some juniors are set to outpace the pack. But how could that be true? The fact of the matter is that global gold output has been dwindling by nearly 5 per cent [...]
By Kishori Krishnan Exclusive to Gold Investing News A slight drop in prices is a good time to shore up. Last Friday, gold futures surged above $1,000, the highest level since last March. This week though, gold slipped back. But worries about long-term inflation caused by the massive U.S. stimulus package may push it up [...]
Alamos Gold Inc. reports its third quarter revenues resulting in 138% increase. The Company achieved record gold production of 39,900 ounces in the third quarter of 2008, representing an 84% increase over production in the comparable period of 2007, and a 25% increase over the Company’s quarterly production guidance of 32,000 ounces. For full details [...]
Get our independent commentary on gold trends and companies delivered to your inbox.