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Gold futures fell for a fifth straight session on Friday to its lowest price in more than three weeks, halting the metal's month-long rally in the wake of a rising dollar and higher Treasury yields. The resurgence in the greenback weighed heavily this week on the yellow metal, w...
Gold pared some losses after Wednesday's release of minutes from July's Federal Reserve meeting , after futures had settled at a two-week low on weak economic data out of China, a rebound in the U.S. dollar, and rising Treasury yields. Front-month Comex gold ( XAUUSD:CUR ...
TORONTO, Aug. 17, 2022 (GLOBE NEWSWIRE) -- Manitou Gold Inc. (TSX-V: MTU) (the “ Company ” or “ Manitou ”) is pleased to announce that its board of directors has approved, in principle, a strategic reorganization of Manitou’s assets (the “ ...
Gold fell below an important technical level of $1,800 per ounce in the first week of July, succumbing to relentless strength of the U.S. dollar as global recession fears drove investors to the greenback. Inflation data was, once again, ahead of estimates, as June’s U.S. Consum...
Gold recently went through a textbook 20% correction, and many quality gold miners got pummeled, dropping by 30-50% or more. While many analysts are modeling gold miners' earnings using stagnant or lower gold prices, the price of gold could move substantially higher in the coming year...
Alamos Gold ( NYSE: AGI ) appointment Luc Guimond as COO, effective Sep.1, 2022, succeeding Peter MacPhail who will be retiring as of Aug.31 after serving in the role for 7 years; currently Luc is the VP, Operations. Luc Guimond has nearly 35 years of e...
TORONTO, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Alamos Gold Inc. ( TSX:AGI; NYSE:AGI ) (“Alamos” or the “Company”) today announced the appointment of Luc Guimond as Chief Operating Officer effective September 1, 2022. As part of an established multi-year plan,...
Alamos Gold released its Q2 results last week, reporting quarterly production of ~103,900 ounces, a 9% decline from the year-ago period at slightly higher costs. However, Alamos' Q3 and H2 performance will look much better, with higher grades from Island Gold and an increased contribu...
Alamos Gold posted revenues of $191.2 million in 2Q22 and a net income of $6.4 million or $0.02 per share. Revenues were down 2% from the 2Q21. La Yaqui Grande achieved initial gold production in June 2022, following the completion of construction ahead of schedule. I recommend bu...
Alamos Gold Inc. (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 - Chief Financial Officer Peter MacPhail - Chief Operating Officer Conference...
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All amounts are in United States dollars, unless otherwise stated. TORONTO, July 19, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. ( TSX:AGI; NYSE:AGI ) (“Alamos” or the “Company”) has released its annual Environmental, Social, and Governance (ESG) Report (...
All amounts are in United States dollars, unless otherwise stated. TORONTO, July 15, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. ( TSX:AGI; NYSE:AGI ) (“Alamos” or the “Company”) today announced that it has entered into a gold sale prepayment agreement ( ...
All amounts are in United States dollars, unless otherwise stated TORONTO, July 12, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. ( TSX:AGI; NYSE:AGI ) (“Alamos” or the “Company”) is pleased to announce the completion of the previously announced acquisition (th...