Gold – The frightening specter of a run on European banks, evidenced by events in Cyprus, had investors clamoring for the safety of gold this week.
Articles Tagged "Alamos Gold"
Gold – Detour Gold, a mid-tier company sitting on what could be the largest gold mine in Canada, received an injection of cash this week.
Gold – The $4.75-per-share offer announced on Monday bests Alamos Gold's hostile bid for Aurizon, thus creating a company worth $1.6 billion.
Gold – Aurizon has recommended that shareholders reject a $4.6-per-share hostile bid as "inadequate and opportunistic."
Gold – Gold bugs had something to celebrate this week when Thomson Reuters GFMS stated in a report that gold will reach record highs in 2013.
Gold – Alamos Gold Inc. (TSX:AGI) announced that it has put forward an offer to acquire all of Aurizon Mines Ltd.'s (TSX:ARZ,AMEX:AZK) outstanding shares for about C$780 million in cash and stock. The offer values Aurizon at $4.65 per share and will remain open until February 19, 2013 at 5:00 p.m. EST.
Gold – Alamos Gold Inc. (TSX:AGI) announced that a prefeasibility study on its Ağı Dağı and Kirazli projects is complete, and provided a resource estimate on the Çamyurt project.
Gold – 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.
Gold – Reuters reported that third quarter gold production for Alamos Gold (TSX:AGI) was up 9% over the same period last year.
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 per annum since it peaked in 2001. For [...]