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Alamos Gold Achieves Record Production, Sets Stage For Low-Cost Growth - Alamos Gold (NYSE:AGI), SPDR Gold Trust (ARCA:GLD)

Summary by Benzinga
On Monday, Alamos Gold (NYSE:AGI) announced it achieved record production in 2024, reaching 567,000 ounces of gold, or a 7% year-over-year increase. The company announced an ambitious plan to boost production while simultaneously reducing costs. "With the solid finish to the year, we met both our quarterly and increased annual production guidance," said John A. McCluskey, President and CEO. He noted that the company also achieved record revenues…

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Efraín Mariano / Mining Mexico Alamos Gold Inc. reported a record annual production of gold in 2024, at the top of its updated production guides. The company reported a production of 567,000 ounces of gold, 7% above the production of 529,300 ounces of gold in 2023. John A. McCluskey, President and Executive Director of Alamos Gold, confirmed that they experienced a soludi year in production and revenue. “With the solid finish of the year, we met…

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Financial Post broke the news in Canada on Monday, January 13, 2025.
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