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Stock Market & Financial Investment News

News Breaks
May 28, 2014
06:01 EDTAGIAlamos Gold acquires surface rights at Cerro Pelon, La Yaqui
Alamos Gold reported that it has reached an agreement to acquire the surface rights for the Cerro Pelon and La Yaqui satellite deposits at its Mulatos mine allowing for the start of permitting and development activities. Closing of the agreement is subject to completion of due diligence and other customary closing conditions and is scheduled for the end of June.
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October 23, 2014
06:20 EDTAGIAlamos Gold reports Q3 EPS (2c), consensus 1c
Reports Q3 revenue $38.5M, consensus $42.24M. Produced 28,000 ounces of gold at a total cash cost of $784 per ounce of gold sold, and at an all-in sustaining cost of $1,148 per ounce of gold sold. Costs for the third quarter were higher than budgeted given a severe rainy season that diluted solution grades and resulted in the deferral of production to Q4.

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