BRIEF-Alamos Sees Combined Annual Gold Production To Be About 500,000 Ounces Per Year in 2019 & 2020
Published Jan 14, 2019 17:24
BRIEF-Alamos Sees Combined Annual Gold Production To Be About 500,000 Ounces Per Year in 2019 & 2020
Jan 14 (Reuters) - Alamos Gold Inc AGI.TO :
* ALAMOS REPORTS FOURTH QUARTER 2018 PRODUCTION AND PROVIDES 2019 OUTLOOK
* 2019 PRODUCTION GUIDANCE OF 480,000 TO 520,000 OUNCES OF GOLD, CONSISTENT WITH 2018 PRODUCTION
* 2019 CONSOLIDATED TOTAL CASH COST GUIDANCE OF $710 TO $750 PER OUNCE
* 2019 ALL-IN SUSTAINING COST GUIDANCE OF $920 TO $960 PER OUNCE
* 2019 TOTAL CAPITAL BUDGET OF $290 MILLION TO $315 MILLION
* SEES PRODUCTION GROWTH TO OVER 600,000 OUNCES PER YEAR IN 2021
* SEES CAPITAL SPENDING TO TREND LOWER RESULTING IN STRONG FREE CASH FLOW GROWTH STARTING IN H2 2020
* COMBINED ANNUAL GOLD PRODUCTION IS EXPECTED TO BE APPROXIMATELY 500,000 OUNCES PER YEAR IN 2019 AND 2020
* QTRLY TOTAL GOLD PRODUCTION 125,600 OUNCES VERSUS 120,300 OUNCES
Get The App
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.