Mala Noche agrees C$13m settlement with Alamos

Canadian precious metals junior Mala Noche Resources has entered into a $13-million cash and share settlement agreement with Alamos Gold, with respect to the claims made that breaches had occurred when Mala Noche signed a deal to acquire the San...

Alamos claims breaches in Mala Noche’s San Dimas deal

Canadian precious metals junior Mala Noche Resources on Friday expressed disappointment at a letter it had received from fellow gold-miner Alamos Gold, claiming that certain breaches had occurred when Mala Noche signed a deal to acquire the San...

Alamos Gold Q1 earnings up 59%

Junior Alamos Gold earned $14-million in the first quarter of 2010, up 59% from net income of $8,8-million a year ago, the firm reported on Thursday. Alamos, which owns and operates the Mulatos gold mine, in Mexico, increased revenue for the...

Alamos hikes reserves at Mulatos, to boost crusher throughput

TSX-listed Alamos Gold plans to increase crusher thoughput by 20% at its Mulatos mine, in Mexico, the company announced on Wednesday. The company, which also unveiled higher reserve and resource figures for the operation, said it has approved...

Alamos could see first Turkey production early 2013, eyes more deals

Fast-growing Alamos Gold could start gold production from newly-acquired assets in Turkey by early 2013, CEO John McCluskey said on Tuesday. The company is also looking for further gold acquisitions, and will consider both development-stage and...

Teck finds buyer for Turkish gold assets

Canada's Teck Resources and Fronteer Development Group have signed a memorandum of understanding with Alamos Gold, for the sale of two gold projects in Turkey for $40-million in cash and four-million shares. Teck owns 60% of the Agi Dagi and...