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Article: Alamos Gold Inc. Reports Third Quarter 2009 Financial Results: Record Earnings of $0.13 Per Share and Record-Low Total Cash Costs of $314 Per Ounce.
- Article from:
- Marketwire Canada
- Article date:
- November 5, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TORONTO, ONTARIO, Nov 5, 2009 (Marketwire via COMTEX) -- Alamos Gold Inc. (TSX:AGI) ("Alamos" or the "Company") is pleased to report its financial and operating results for the third quarter ended September 30, 2009, as well as provide an update on recent exploration activities and comment on the Company's outlook for the remainder of 2009.
All amounts are in United States dollars, unless stated otherwise.
Q3 2009 Highlights
- Produced 42,500 ounces of gold at a record-low cash operating cost of $272 per ounce of gold sold, with total cash cost (including the 5% royalty) of $314 per ounce;
- Sold 43,201 ounces of gold at an average ...