ALAMOS GOLD INC. (NEW) - Die Neue --- Hält dieses Unternehmen . . . . . (Seite 8)

[boersentrader02]

Wie gesagt, es wird noch bis zu 2 1/2 Jahre dauern bis ALAMOS GOLD zu höheren Kursen

kommen wird. Es scheint so, als wenn dies die Zeit von ALAMOS GOLD Aktien ist. Aber wer wesiss das schon ?



Alamos Gold: Where Growth And Value Intersect
Apr. 28, 2022 10:34 PM ET

Alamos Gold Inc. (AGI)2 Comments12 Likes
Summary

Alamos Gold released its Q1 results this week, reporting production of ~98,900 ounces of gold at all-in sustaining costs of $1,360/oz.
While the headline results were not what some investors might have been looking for, it's important to note that costs will improve as the year progresses.
Besides, even after the margin improvement as costs dip, the Alamos of today looks nothing like the Alamos of 2025, which will be one of the lowest-cost gold producers sector-wide.
At less than 0.80x P/NAV, Alamos is dirt-cheap at current levels and is one of the rare examples of high growth combined with meaningful margin expansion at a more than reasonable price.

The Q1 Earnings Season for the Gold Miners Index (GDX) began last week, and one of the first companies to report its results is Alamos Gold (NYSE:AGI). While the company is tracking in line with guidance, the headline results were not pretty, with production coming in below 100,000 ounces at industry-lagging costs. However, production and costs will improve as the year progresses, and even after the margin improvement as costs dip, the Alamos of today looks nothing like the Alamos of the future. At sub-0.80x P/NAV, Alamos is dirt-cheap at current levels and is one of the rare examples of high growth combined with meaningful margin expansion at a more than reasonable price.

La Yaqui Grande

Production & Costs

The chart below shows that Alamos saw its lowest production in over 18 months in Q1 2022, with gold production of ~98,900 ounces, down more than 20% from the year-ago period. This was partially due to being up against difficult year-over-year comps after an exceptional quarter from Island Gold in Q1 2021, but also due to being in a transition phase as production is set to begin at the higher-grade and lower-cost La Yaqui Grande later this year (Mulatos). Given the decline in production, all-in sustaining costs increased to $1,360/oz.
Alamos Gold Quarterly Production

Alamos Gold Quarterly Production (Company Filings, Author's Chart)

Looking at the Island Gold Mine, production came in at just ~24,500 ounces, with the asset seeing lower throughput (~100,600 tonnes) and much lower grades in the period. While grades were lower, it's important to note that they were up against grades above the average reserve grade in Q1 2021, hence the sharp decline in annual production (~24,500 ounces vs. ~42,200 ounces). However, as grades improve through the year, we should see production return to the 30,000-ounce plus mark, in line with guidance of 130,000 ounces at the mid-point, and at much lower costs.

Island Gold Production

Island Gold Production (Company Filings, Author's Chart)

Fortunately, while Island and Mulatos had weak quarters with a combined ~47,000 ounces produced, Young-Davidson had another solid quarter, with mining rates coming in above the 8,000-tonne per day mark for the third consecutive quarter. This helped the mine produce 51,900 ounces of gold at costs below $1,050/oz and generate over $23 million in free cash flow. However, the higher production from Young-Davidson and higher gold price were not enough to overcome lower sales at Alamos' other two assets, leading to a sharp decline in revenue year-over-year ($184.5 million vs. $227.4 million).

As noted, while the Q1 headline numbers weren't easy on the eyes, this was to be expected given that Alamos guided for a 45/55% production split in 2022, with La Yaqui Grande set to begin production mid-year. As production improves and Alamos moves into much higher grades at La Yaqui grade, costs will also decline sharply throughout the year. So, while the consolidated Q1 results certainly pale compared to the annual guidance of ~460,000 ounces at $1,215/oz, I don't see any reason to get hung up on the weak quarterly results because they do provide an accurate snapshot of the Alamos story.
Island Gold's Medium-Term Potential

The chart below shows that Alamos' Island Gold Mine is truly one of a kind, with the 6th highest reserve grade among 100,000+ ounce mines sector-wide at 10+ grams per tonne gold. Meanwhile, if we look solely at its inferred resources, which come in at a whopping ~3.45 million ounces, it comes in second across all mines globally. Those unfamiliar with the story may not be aware of this, and the operations' Q1 results certainly don't appear to dictate this, with just ~24,500 ounces produced at all-in sustaining costs of $1,083/oz. However, it's the asset's future that makes Island unique, but investors will have to skate to where the puck is going to be, not dwell on the results in the weakest part of the year.
Gold Mines by Reserve Grade vs. Island Gold (P&P + Inferred Grades)

Gold Mines by Reserve Grade vs. Island Gold (P&P + Inferred Grades) (Company Filings, Author's Chart)

Under the current Phase III Study plans (2020), Alamos' Shaft Expansion Project envisions the installation of a shaft, paste plant, and expansion of the mill/tailings facility. The shaft would have a hoisting capacity north of 3,000 tonnes per day, with mill throughput set to increase to 2,000 tonnes per day (1,200 tonnes per day currently). This study showcased a production profile of ~236,000 ounces at all-in sustaining costs below $550/oz, which would make this one of the lowest-cost mines globally in 2025. Notably, just last month, Alamos broke ground for the project.

Alamos Gold - Annual Gold Production & Forward Estimates

Alamos Gold - Annual Gold Production & Forward Estimates (Company Filings, Author's Chart)

Looking at the chart above, we can see that this will do for the asset, and the result is production nearly doubling from FY2022 levels in FY2025 at significantly lower costs. However, given the company's continued exploration success with a 5.0+ million ounce resource, Alamos could look at a larger scope for the project, with the potential to double throughput to 2,400 tonnes per day vs. the previous plan of 2,000 tonnes per day. Assuming an average grade of 10.5 grams per tonne of gold and a recovery rate of 96%, this would increase production by nearly 130% from FY2022 guidance levels (~130,000 ounces) or a production profile north of 280,000 ounces per annum.

Undeveloped Gold Projects vs. Island Gold (2,400 TPD Conceptual Estimates)

Undeveloped Gold Projects vs. Island Gold (2,400 TPD Conceptual Estimates) (Company Filings, Author's Chart)

This is conceptual, but at ~285,000 ounces per annum and sub $525/oz all-in sustaining costs, this would be a mini-Fosterville or similar to Macassa, albeit with lower costs, and would make Alamos the proud owner of one of the lowest-cost gold mines globally. Already, it's the proud owner of two incredible mines, but it's not getting enough credit for the second one yet. For those unfamiliar, Fosterville and Macassa under Kirkland Lake had it commanding one of the highest multiples in the sector for years. Hence, in my view, this has created an opportunity to accumulate the stock while it's on the sale rack and just three years away from a transformative expansion.

The above chart highlights Alamos 2400 TPD Conceptual upside case vs. impressive projects with scale, such as Artemis' (OTCPK:ARGTF) Blackwater, Highland's Udinsk, and several other projects. Island's position on the chart clearly shows that the 2400 TPD potential scenario easily beats them from a margin standpoint. One might argue that Skouries and Hod Maden beat out Island Gold, and from a margin standpoint, this is correct. However, Alamos has already begun production, is fully financed, and is in a much more attractive jurisdiction.
Alamos Now vs. Alamos Post-2025

For investors unfamiliar with the Alamos story, it's understandable to look the other way and focus on other precious metals names, with Alamos' costs steadily rising and the company generating limited free cash flow. However, it's important to note that the company has three exceptional operations, and its lack of free cash flow generation is due to investing in its bright future. Besides, although its costs are rising, its costs are set to plummet to $800/oz by FY2025, which would give Alamos a cost profile that would be 35% below the mid-tier producer average.
Gold Producers - All-in Sustaining Costs (2019-2022 Estimates) vs. Alamos Gold Current / 2025 Estimates

Gold Producers - All-in Sustaining Costs (2019-2022 Estimates) vs. Alamos Gold Current / 2025 Estimates (Company Filings, Author's Chart)

In a period of rising costs and especially diesel prices, Alamos' position as an underground producer at its two primary operations with meaningful margin expansion at Island makes it unique. This is because few mid-tier producers will be able to hold the line on costs, offering a bleak margin outlook for many mid-tier producers if they don't get help from an appreciating gold price. These inflationary pressures could also hurt reserve replacement, with cut-off grades being pulled higher to account for higher costs across the board (labor, fuel, consumables, materials, etc.).

However, Alamos already has an outstanding track record of reserve replacement and is more insulated than its peers from costs due to relatively low-volume underground operations. This means investors can count on continued reserve growth and margin expansion. Let's take a look at the valuation below and see whether Alamos is priced attractively to justify entering a new position.

Valuation

Based on ~393 million shares outstanding and a share price of US$7.40, Alamos Gold trades at a market cap of ~$2.90 billion, which may appear steep to some, given that there are many producers in this peer group trading at lower valuations. However, for those familiar with the story, this pullback is a gift, in my view. This is because the company is trading at less than 0.80x P/NAV, with the potential to trade at 1.15x P/NAV or higher in 2025 if it can execute on its plan successfully.
Island Gold Operations

Island Gold Operations (Company Presentation)

This premium multiple can easily be justified because Alamos Gold is set to become one of the lowest-cost producers globally, with a production profile north of 600,000 ounces (750,000+ ounces with Lynn Lake) at all-in sustaining costs of $800/oz. With Kirkland Lake Gold off the market after a merger, Alamos could fill the void of 600,000+ ounce producers with sub $825/oz all-in sustaining costs in safe jurisdictions that Kirkland Lake Gold left after acquiring Detour Lake and being acquired shortly after. So, while some investors may be ignoring the story based on the cost profile, I believe this would be a missed opportunity.

Outside of significant multiple expansion, if Alamos can execute successfully, I also see upside to net asset value, especially at Island. In the case of Island, the asset is sitting on ~3.45 million ounces of resources outside of its reserve base (13.45 grams per tonne gold), which could convert at slightly higher grades than its reserves. It also has a total resource base of ~5.1 million ounces, up ~40% from the resource used in the Phase III Study completed in 2020. So, with the possibility of 20% higher throughput, a larger resource base, and higher-grade ounce additions that can be pulled forward, Island alone could have an NPV (5%) of close to $1.9 billion, or ~65% of Alamos' current market cap.

Finally, the other box that Alamos checks is visibility into future production, which many companies lack. However, in the case of Alamos, the company has a 13+ year mine life at three of its four assets, which is a big deal, especially with those of these being underground mines. Notably, this is based on reserves at Lynn Lake and Young-Davidson, and Island should be able to grow its mine life further based on its steady resource growth. This trait also helps to justify a premium valuation for the company.
Alamos Gold - Growth Profile & Reserve Life

Alamos Gold - Growth Profile & Reserve Life (Company Presentation)

With the potential for expansion in Alamos' multiple, growth in net asset value, and a ~25% FY2025 free cash flow yield, Alamos is becoming a rare case of growth and value in the gold sector. It's not every day you get to buy a business with the potential for 50% plus margins in 2025 at a ~25% plus free cash flow yield, but after this recent sell-off, this is the case for Alamos. Importantly, any upside in the gold price above $1,900/oz is a bonus, which could push free cash flow north of the $800 million mark in 2026.

Given Alamos' rare combination of growth and value, this pullback has created one of the better buying opportunities this year, and I have continued to add to my position on recent weakness. I see more than 45% upside to conservative fair value from current levels, and investors are getting a small dividend yield (~1.30%) while they wait for this growth. This makes Alamos one of the better places to park one's money currently, and if this correction continues, I may increase my position on further weakness.

This article was written by
Taylor Dart profile picture
Taylor Dart
24.42K Followers
"A bull market is when you check your stocks every day to see how much they went up. A bear market is when you don't bother to look anymore."- John Hammerslough - Disclosure: I am not a financial advisor. All articles are my opinion - they are not suggestions to buy or sell any securities. Perform your own due diligence and consult a financial professional before trading or investing.
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Disclosure: I/we have a beneficial long position in the shares of AGI, GLD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: Disclaimer: Taylor Dart is not a Registered Investment Advisor or Financial Planner. This writing is for informational purposes only. It does not constitute an offer to sell, a solicitation to buy, or a recommendation regarding any securities transaction. The information contained in this writing should not be construed as financial or investment advice on any subject matter. Taylor Dart expressly disclaims all liability in respect to actions taken based on any or all of the information on this writing. Given the volatility in the precious metals sector, position sizing is critical, so when buying small-cap precious metals stocks, position sizes should be limited to 5% or less of one's portfolio.

https://seekingalpha.com/article/4504878-alamos-q1-earnings-…

[aktienkunta]

Antwort auf Beitrag Nr.: 71.441.732 von boersentrader02 am 28.04.22 00:10:03

Ich bin auch enttäuscht... Die Jahresziele zu erreichen wird wohl wohl eine Herausforderung und die AISC sind viel zu hoch... schwach abgeliefert von Alamos....wenn man es beim aktuellen Spot nicht schafft bessere Zahlen abzuliefern, sieht es wohl nicht gut aus. Ich überlege tatsächlich umzuschichten....☹️

[boersentrader02]

Ich frage mich wie sie denn auf die 480k Unzen kommen wollen ?

Dies sind ja Zahlen unter aller Sau.

Auch wenn man seine Aktionäre schon auf niedrige Produktionsergebnisse eingeschworen hat.
Diese heute gemeldeten Zahlen sind ja wohl Grottenschlecht


April 27, 2022
Alamos Gold Reports First Quarter 2022 Results

TORONTO, April 27, 2022 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported its financial results for the quarter ended March 31, 2022.

“Our first quarter production and costs were in line with guidance and with stronger results expected through the year, we remain well positioned to achieve our annual guidance. La Yaqui Grande remains on track for initial production in the third quarter and is expected to drive our production higher and costs significantly lower in the second half of the year,” said John A. McCluskey, President and Chief Executive Officer.

“We are also making good progress on our other growth initiatives, including at Island Gold where we achieved a key permitting milestone with approval of the Closure Plan Amendment. We officially broke ground on the Phase III expansion and are getting closer to completing an updated mine plan for the operation which we plan to release mid-year. Given the significant growth in high-grade Mineral Reserves and Resources since the completion of the Phase III study and opportunities to optimize the operation, we expect the updated mine plan will showcase a significantly more valuable operation. Both of these high-return projects support our strong outlook with growing production, declining costs and increasing profitability,” Mr. McCluskey added.

First Quarter 2022

Produced 98,900 ounces of gold, in line with guidance for the first quarter. Consistent with guidance, gold production is expected to increase through the rest of the year reflecting higher grades at Island Gold in the second quarter and with La Yaqui Grande on track for initial production in the third quarter


https://www.alamosgold.com/news-and-events/news/news-details…

[aktienkunta]

Antwort auf Beitrag Nr.: 71.348.695 von Megastuhls am 13.04.22 10:00:29

Zitat von Megastuhls: Die Entwicklung ist allerdings in dieser Zeit "bescheiden". Es gibt offensichtlich auch kein Interesse an dem Wert. Sieht man am Handel und auch hier im Thread.
Woran das liegt ....🤔 ....

Ich denke, dass primär die Probleme in der Türkei auf dem Kurs lasten....die enormen Abschreibungen letztes Jahr sahen nicht gut aus in der Bilanz...
Bin auch schon einige Jahre dabei....

[Megastuhls]

Danke für deinen Einsatz dem Thread hier immer mit Infos zu versorgen. 👍 Lust sich alles wirklich gut und zielgerichtet. Selbst der Goldspot spielt Almosen in die Karten. Ich halte Alamos seid 2015. Die Entwicklung ist allerdings in dieser Zeit "bescheiden". Es gibt offensichtlich auch kein Interesse an dem Wert. Sieht man am Handel und auch hier im Thread.
Woran das liegt ....🤔 ....

[boersentrader02]

ALAMOS GOLD wird größter Aktionär bei Zacatecas. Ein weiterer

Schritt für die Zukunft für ALAMOS GOLD.

Was sich daraus entwickeln wird ist heute noch nicht abzusehen. Aber ich schätze das es ein Schritt in die richtige Richtung ist.

Die Aktion Esperanza ist nun abgeschlossen, jetzt heißen wir Alamos Gold als Hauptaktionär von Zacatecas sehr willkommen. Wir danken ALAMOS GOLD für die Zusammenarbeit bei der Durchführung dieser Transaktion, so das Management von Zacatecas.

Zacatecas Acquires the Advanced Stage and High Grade Oxide Esperanza Gold Project from Alamos Gold Inc. and $19.15 Million Private Placement Proceeds Released from Escrow
Zacatecas Silver (CNW Group/Zacatecas Silver Corp.)

News provided by Zacatecas Silver Corp.

Apr 12, 2022, 16:00 ET
Share this article

VANCOUVER, BC, April 12, 2022 /CNW/ -

Zacatecas Silver Corp. ("Zacatecas" or the "Company") (TSXV: ZAC) (OTC: ZCTSF) (Frankfurt: 7TV) is pleased to announce that it has completed the acquisition of the advanced stage Esperanza Gold Project, located in Morelos State, Mexico pursuant to the terms of a share purchase agreement dated February 28, 2022 (the "Share Purchase Agreement") with Minas De Oro Nacional, S.A. De C.V. ("Minas De Oro"), a subsidiary of Alamos Gold Inc. ("Alamos"). Concurrent with closing of the transaction, the net proceeds under the previously announced $19.15 million brokered private placement of subscription receipts (the "Subscription Receipts") were released to the Company.

Highlights:


Esperanza Gold Project is a high-grade oxide gold deposit with scalable upside.

Historic measured and indicated resource of 34,352,000 tonnes at 0.98 g/t gold and 8.09 g/t silver for 1,084,000 ounces of gold and 8,936,000 ounces of silver and inferred resource of 718,000 tonnes at 0.80 g/t gold and 15.04 g/t silver for 18,000 ounces of gold and 347,000 ounces of silver (see below for details).

Priority to prepare an updated resource estimate in 2022 and complete a current economic study on the Esperanza Gold Project based on the updated resource estimate.

Alamos becomes significant cornerstone shareholder of Zacatecas.

Strong balance sheet to fund development activities at Esperanza Gold Project and continue drilling activities at the Zacatecas Silver Property.

The Esperanza Gold Project is an attractive low-cost, low capital intensity, and low technical risk growth project located in Morelos State, Mexico. Alamos has advanced the project through advanced engineering, including metallurgical work, while also focussing on stakeholder engagement including building community relations.

The Esperanza Gold Project will receive the full focus and attention of a proven team of mine builders and financiers while also providing Alamos significant potential upside as the Project is developed with Alamos being a large shareholder of Zacatecas.

The total consideration of the transaction is approximately US$60 million with most of the payments not made until significant steps towards commercial production are achieved. The initial consideration consists of USD $5 million in cash, 12,140,000 common shares of Zacatecas (with a value of US$10 million) and a silver stream in favour of Alamos valued at US$6 million.

Bryan Slusarchuk, Chief Executive Officer of Zacatecas comments, "This is a transformational transaction for our company. We look forward to advancing the high grade oxide gold deposit towards production while at the same time continuing our accelerating exploration at our silver project. With the transaction for Esperanza now closed, we also welcome Alamos Gold as the cornerstone shareholder of Zacatecas and thank them for their collaboration while executing this transaction. Zacatecas has two excellent projects, is well funded and has an excellent team of technical professionals executing the company's business plan. We look forward to working with all stakeholders as we move forward concurrently at Esperanza and at Zacatecas."

Dr. Chris Wilson, Chief Operating Officer and a Director of Zacatecas comments, "Our acquisition of the Esperanza Gold Project is a tremendous step in moving Zacatecas towards becoming a serious precious metals producer. The Esperanza Gold Project represents one of the best undeveloped open pit deposits in Mexico and will complement our high-grade silver resource Zacatecas Properties, where the recent high grade discovery at Panuco North has added a compelling new component to our ongoing exploration."

Esperanza Gold Project

The Esperanza Gold Project is an advanced stage, low technical risk growth project located in Morelos State, Mexico.

Alamos has reported a resource estimate of a measured and indicated resource of 34,352,000 tonnes at 0.98 g/t gold and 8.09 g/t silver for 1,084,000 ounces of gold and 8,936,000 ounces of silver and inferred resource of 718,000 tonnes at 0.80 g/t gold and 15.04 g/t silver for 18,000 ounces of gold and 347,000 ounces of silver. The Company has not independently verified this resource estimate and is not treating this resource estimate as a current resource. See below for further details.

To date, significant core and reverse circulation drilling has occurred at the Esperanza Gold Project resulting in a total of 389 drill holes for 69,716 metres. Four targets adjacent to or close to the historical resource were identified to expand the historical resource. The project also hosts seven regional targets that also merit drill testing.


Den Rest der News findet ihr unter diesen Link:

https://www.newswire.ca/news-releases/zacatecas-acquires-the…

[boersentrader02]

Ich reiche den vergessenen Link nach

https://www.sec.gov/Archives/edgar/data/1178819/000117881922…

[boersentrader02]

Alamos Gold hat heute die Erweiterung der Phase III Expansion of Island Gold bekannt gegeben.

Alamos Gold Announces Groundbreaking for Phase III Expansion of Island Gold
Mine in Ontario, Canada
Dubreuilville, Ontario (April 11, 2022) –

Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced the groundbreaking for the Island Gold Mine expansion. Already one of the most profitable mines in Canada, the expansion will increase production, lower costs, and be an economic engine for the Algoma region. The expansion will also best position the operation to benefit from additional exploration success.

John A. McCluskey, President and Chief Executive Officer, stated: “When we first acquired the Island Gold Mine we were aware of its potential. It had 1.8 million ounces of Mineral Reserves and Resources, and through exploration investment we have increased this high-grade deposit to 5.1 million ounces of Mineral Reserves and Resources. By further investing in the Phase III expansion, we will more than double the mine life. This mine will be an economic engine for this region for years to come, and positively impact the closest town of Dubreuilville and surrounding communities.”

The Honourable Greg Rickford, Ontario Minister of Northern Development, Mines, Natural Resources and Forestry, stated: "The Island Gold expansion will help to strengthen the Algoma economy and is the latest in a series of recent success stories in Ontario's mining sector—successes that our government is proud to support. The project will bring good-paying jobs and prosperity throughout the region including northern and Indigenous communities."

The Honourable Todd Smith, Ontario Minister of Energy, stated: “Our government has reduced electricity prices for large industrial customers like Alamos Gold by 15 per cent through our Comprehensive Electricity Plan. We are pleased to support expansions like today’s at Alamos Gold that will support good-paying jobs for communities in the north.”

Phase III Expansion Highlights

•Island Gold Mine is a significant employer in the region, sustaining over 600 jobs annually which will continue over the life of mine. During the construction phase of the expansion, employment is expected to double to 1,200 jobs
•The Phase III Expansion study published in July 2020 outlined a 16 year mine life during which Island Gold is expected to expand from 1,200 tonnes per day (“tpd”) to 2,000 tpd following the completion of the shaft in 2025. This is expected to drive production approximately 70% higher to average 236,000 ounces of gold per year at significantly lower costs
•Since the completion of the Phase III Expansion study, Mineral Reserves and Resources have increased 37% to total 5.1 million ounces of gold as of the end of 2021. This growth will be incorporated into an updated mine plan which is expected to be released mid-2022. The optimized mine plan is also expected to incorporate higher-grade additions in proximity to the planned shaft bottom earlier in the mine life, further increasing the value of the operation
•The addition of a shaft connected to low-carbon intensity grid power in Ontario will support higher mining rates with a smaller mobile fleet of haul trucks resulting in significantly lower diesel consumption. This is expected to drive a 35% reduction in greenhouse gas emissions over the Phase III mine life

TRADING SYMBOL: TSX:AGI NYSE:AGI

Island Gold Highlights

•Island Gold’s employees account for over 20% of total mining employment in the Algoma region. Among Island Gold employees, approximately 6% belong to Indigenous communities, which is more than twice the mining industry average of 2.4% in Ontario

•Island Gold’s practice of local hiring has increased economic stability in the local communities of Dubreuilville, Wawa, and White River, offering allowances and incentives to employees to move near the mine in Dubreuilville, indirectly helping to increase rural population as well as local resources and infrastructure

•The Island Gold mine also helps contribute towards the formation of a highly skilled mining workforce and the accumulation of human capital in the local communities: it employs a wide range of tradespersons, such as welders, truckers, surveyors, scoop operators, electricians, mechanics, bolters, millwrights, construction miners, geologists, blasters, conventional miners, engineers, and drillers

•Alamos provides employees with opportunities to further develop their skills, expand their trades and attend training programs

•Alamos offers training and education to community members to maintain a local qualified workforce and help residents acquire the qualifications for long-term employment in the mining industry

•Island Gold’s employees help augment the local economy, through a host of related activities by supporting local businesses while residing in Dubreuilville

•The Island Gold Property is comprised of patented owned, patented Crown leased, Crown mining licences of occupation, and Crown unpatented cell claims, which total approximately 15,524 hectares


2 | ALAMOS GOLD INC

[boersentrader02]

Und sie bohren weiter wenn es auch nur auf dem "Goldfeld" Lynn Lake ist.

Alamos drills 1,105 g/t gold (uncut) in waste area of Gordon deposit in Manitoba

Kitco NEWS
By Vladimir Basov

Welcome to Kitco News' 2022 outlook series. The new year will be filled with uncertainty as the Federal Reserve looks to pivot and tighten its monetary policies. At the same time, the inflation threat continues to grow, which means real rates will remain in low to negative territory. Stay tuned to Kitco News to learn from the experts on how to navigate turbulent financial markets in 2022.

(Kitco News) - Alamos Gold (TSX:AGI) today reported new high-grade results from its ongoing exploration program on the Lynn Lake Project in Manitoba, Canada.

In particular, the company said that drilling at the Gordon deposit intersected a high-grade gold mineralization in the upper benches of the proposed pit in an area that is currently modelled as waste, including 67.64 g/t Au (4.38 g/t cut) over 5.04 m (21GDX052), including 1,105.00 g/t Au (40 g/t cut) over 0.30 m.

The Gordon gold deposit is located 37 km east-northeast of the town of Lynn Lake. Gold mineralization at Gordon is predominantly hosted in banded magnetite iron formation (“BIF”) in quartz-pyrrhotite-pyrite veins and in halos of sulphide replacement adjacent to the veins.


https://www.iqstock.news/n/alamos-drills-105-gold-uncut-wast…

[boersentrader02]

Alamos Gold hat seinen Jahresabschluß für 2021 heute veröffentlicht.

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.

2022-2024 Production and AISC Guidance
La Yaqui Grande - Pit
La Yaqui Grande - Crusher area
La Yaqui Grande - Leach pad

“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 year in terms of mining rates and free cash flow and Island Gold had another strong year operationally while advancing the Phase III expansion, offsetting the temporary challenges at Mulatos,” said John A. McCluskey, President and Chief Executive Officer.

“We look forward to delivering on our 2022 milestones, all of which support our longer-term objective of growing production at substantially lower costs. Our global reserves increased 4% over the past year driven by growth at all three mines, demonstrating increasing value within our operating base. La Yaqui Grande remains on track to achieve commercial production in the third quarter and will be key to driving near-term production higher and costs lower. The updated and optimized mine plan for Island Gold to be released mid-year, is expected to improve already impressive economics and highlight further low-cost growth. We are well positioned to fund these growth projects internally, which will in turn support growing returns to shareholders over the long term,” Mr. McCluskey added.

Fourth Quarter 2021

Production of 112,500 ounces of gold, a 7% increase from the third quarter of 2021 with strong performances at Young-Davidson and Island Gold offsetting weaker production at Mulatos. Full year production was in-line with revised guidance
Young-Davidson achieved record mining rates of 8,240 tonnes per day ("tpd"), driving production of 51,900 ounces of gold and mine-site free cash flow1 of $30.4 million
Island Gold produced 37,500 ounces and generated mine-site free cash flow1 of $15.8 million
Consolidated total cash costs1 of $843 per ounce, all-in sustaining costs ("AISC")1 of $1,237 per ounce and cost of sales of $1,225 per ounce, all increased from earlier in the year reflecting higher costs at Mulatos, as previously guided. Full year total cash costs and AISC were in-line with revised guidance
La Yaqui Grande remains on track for commercial production in the third quarter of 2022, and is expected to significantly reduce the cost profile at Mulatos starting in the second half of 2022
Sold 112,966 ounces of gold at an average realized price of $1,798 per ounce for revenues of $203.1 million
Generated cash flow from operating activities of $88.1 million ($91.8 million, or $0.23 per share, before changes in working capital1)
Free cash flow1 was negative in the quarter, driven by higher capital spending mainly related to La Yaqui Grande and the Phase III expansion at Island Gold
Realized adjusted net earnings1 of $36.7 million, or $0.09 per share1, which includes adjustments for an unrealized foreign exchange loss of $3.3 million recorded within deferred taxes and foreign exchange and other losses of $3.9 million
Recorded net earnings of $29.5 million, or $0.08 per share
Ended the quarter with cash and cash equivalents of $172.5 million, equity securities of $23.9 million, and no debt
Paid a quarterly dividend of $9.8 million, or US$0.025 per share (annualized rate of US$0.10 per share) and repurchased an additional 783,300 shares in the quarter at a cost of $5.7 million under the Company's Normal Course Issuer Bid ("NCIB"). The NCIB was renewed for another year on December 20, 2021
Repurchased a Net Profits Interest ("NPI") royalty on Island Gold for $15.7 million which was applicable to certain claims that made up the majority of Mineral Reserves and Resources on the property
Reported results from the ongoing exploration program at Island Gold including extending high-grade gold mineralization up to 300 metres (“m”) down-plunge from existing Inferred Mineral Resources in Island East as well as to a depth of more than 1,700 m in the deepest hole drilled to date
Provided an exploration update for Lynn Lake, highlighting the potential for further Mineral Reserve and Resource growth around the existing deposits as well as a new greenfields discovery
Achieved a top 15% ranking within Canadian corporate boards in the 2021 Globe and Mail Board Games in recognition of strong governance practices. This included ranking as the third highest company in the materials sector listed on the Toronto Stock Exchange
Received a Medium ESG Risk Rating from Sustainalytics, positioning Alamos in the top 20th percentile of its industry; in addition, received a B- climate change score from the Carbon Disclosure Project ("CDP"), ahead of the industry average

Full Year 2021


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