Alamos Gold der Geheimtip
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Hallo Leute,
heute will ich mal den Goldpoduzenten Alamos Gold vorstellen. Diese Aktien wird bisher in Deutschland von niemanden erwähnt und es gibt keinerlei Analysen und deshalb habe ich mal eine kleine Zusammenstellung gemacht über diese fast unbekannte Aktie!
Share Capital
(as of January 31, 2007)
Issued and Outstanding | 93,724,513 common shares |
Fully Diluted | 99,178,277 shares |
http://www.alamosgold.com/Investors/...ance/ShareCapital/default.aspx
Die Marktkapiatlieserung ist dann bei einem Kurs von 6,17 Euro circa 578,3 Mio Euro!
Die Firma hat nachgewiesene Goldreserven von 19,7 Mio. Unzen AU (Gold) und 697 Mio Ag (Silber). Quelle
http://www.alamosgold.com/Theme/AlamosGold/files/OCTOB-2006-Final.pdf
Das bedeutet das die Unze unabgebauten Gold mit 29,35 Euro bewertet wird.
Die Bilanz im 3. Quartal zum 30. September 2006 hat einen Gewinn von 1 cent ausgewiesen und damit wurde zum erstenmal ein Gewinn gemacht! Laut Angaben der firma werden die Produktionkosten weiter leicht fallen und die Produktion im diesem Jahr von 110 000 Unzen auf 200 000 Unzen hochgefahren! Wie wir alle wissen steigt seit Wochen der Goldpreis und was das heißt kann sich jeder selber ausdencken bei dieser fast unbekannten Aktie.
Ich selber bin heute nach eingehender recherche eingestiegen und habe mir vorher noch nachfolgende Bilanz angeschaut!
http://www.alamosgold.com/Theme/AlamosGold/files/...L%20STATMENTS.xls
Fazit: Für einen Produzenten ist diese Aktie meiner Meinung nach alles andere als zu teuer!
Weitere wichtige Termine:
Financial Calendar
Alamos Gold Inc. Annual General Meeting - Friday May 25, 2007
Quarter | Period Ending | Reporting Deadline |
Annual | December 31, 2006 | March 31, 2007 |
Q1 | March 31, 2007 | May 15, 2007 |
Q2 | June 30, 2007 | August 14, 2007 |
Q3 | September 30, 2007 | November 14, 2007 |
Annual | December 31, 2007 | March 31, 2008 |
Download this Press Release
TORONTO, ONTARIO, Feb 22, 2007 (CCNMatthews via COMTEX News Network) -- Alamos Gold Inc. (TSX:AGI) ("Alamos" or the "Company") is pleased to provide an update on its operations at the Mulatos Mine in Sonora, Mexico. The Company announced commercial production at the Mulatos Mine on April 1, 2006. Results for the year ended December 31st, 2006 include pre-commercial results for the period from January 1st to March 31st 2006.
All figures are unaudited. Dollar amounts are in United States dollars unless otherwise stated.
The table below outlines key quarterly production statistics for 2006:
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Production summary Q1 Q2 Q3 Q4 YTD 2006
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Ounces of gold produced 20,950 23,620 24,880 31,720 101,170
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Ore mined - tonnes 1,165,787 1,224,319 1,116,973 1,070,341 4,577,420
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Waste mined - tonnes 2,198,484 2,070,213 3,049,427 3,039,139 10,357,263
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Total tonnes mined 3,364,271 3,294,532 4,166,400 4,109,480 14,934,683
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Tonnes of ore crushed 332,275 612,482 1,290,275 1,217,211 3,452,243
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Tonnes of ore per day 13,100 13,600 12,100 11,900 12,600
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Tonnes of ore crushed
per day 6,400 6,800 14,000 13,400 11,500
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Waste-to-ore ratio 1.89 1.69 2.73 2.84 2.26
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Grade (g/t Au) 1.47 1.94 1.43 1.83 1.66
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Fourth quarter 2006 gold production of 31,720 ounces represented a significant increase from prior quarters and resulted in full year gold production of 101,170 ounces, subject to final refinery settlements. Dore on hand at December 31, 2006 was sold in the first quarter of 2007.
Gold sales for 2006 are summarized in the table below:
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Gold sales summary Q1 Q2 Q3 Q4 YTD 2006
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Gold sales - ounces 22,670 23,780 19,500 25,270 91,220
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Gold sales revenues
(000) $12,490 $14,700 $12,165 $15,299 $54,654
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Realized gold price
per ounce $551 $618 $624 $605 $599
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Average gold price for
period $554 $627 $622 $613 $604
(London PM Fix)
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Operating costs for the year ended December 31, 2006 as compared to the
Feasibility Study are presented below:
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Cost per tonne summary YTD 2006 Feasibility Study
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Mining cost per tonne $1.12 $0.95
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Waste-to-ore ratio 2.26 1.42
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Mining cost per tonne of ore $3.66 $2.44
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Crushing cost per tonne of ore $1.84 $1.15
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Processing cost per tonne of ore $1.86 $1.98
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General & Administration cost per tonne of ore $1.10 $0.97
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Total cost per tonne of ore $8.46 $6.54
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In the table above, actual cost per tonne of ore for processing and administration was consistent with Feasibility Study levels. Most cost areas were higher than Feasibility Study levels due to higher input costs for energy related consumables. Processing costs were lower due to lower than expected consumption of cyanide and lime. Crushing cost per tonne of ore is expected to decrease in 2007 as the volume of crushed tonnes increases. The overall waste-to-ore ratio of the Estrella deposit has not changed from the Feasibility Study but 2006 and 2007 have higher waste-to-ore ratios to support higher crushing rates.
Operations Summary
Ongoing reviews of operating procedures have led to certain changes which the Company is in the process of implementing. In order to achieve higher gold production in 2007, the Company is focused on increasing the throughput of ore through the crusher at the optimal discharge size of 80% passing 3/8". During 2006, the crusher configuration produced a product which was coarser than contemplated in the Feasibility Study, and the crushing operation was unable to consistently achieve its targeted rate of 15,000 crushed tonnes per day. To remedy this, the Company will install a 4th stage of crushing between the existing primary and secondary crushers. This is also expected to provide operations with additional capacity to increase throughput. This new configuration is anticipated to be operational in the second quarter of 2007.
In addition, the Company's continuous improvement efforts have identified certain procedural changes in ore handling and leach pad protocol, which are expected to benefit future gold production. Specifically, the Company is in the process of increasing leach pad lift heights, increasing cyanide concentrations in the leach solution and various other procedures designed to optimize recoveries. The Company is also introducing a mechanized stacking system in the first quarter of 2007.
With these operational enhancements, the Company expects to see improvements in crushed ore size and throughput, higher gold recoveries and a corresponding increase in gold production in 2007.
Alamos Reports 2006 Year End Financial Results-Release Notification and Conference Call
Alamos will release its 2006 year end financial results on Tuesday, March 13th, 2007, after normal trading hours.
Alamos' senior management will host a conference call on Wednesday, March 14th, at 11:00 a.m. EDT (8:00 am PDT) to discuss its financial results and exploration and operations activities.
Conference Call:
-----------------
Live Conference Call:
Local Access: 416-695-5261
Toll-Free Access: 1-877-888-3855
Instant Replay Access information:
Local Access: 416-695-5275
Toll-Free Access: 1-888-509-0081
Passcode: 640777
Expiry Date: March 28th, 2007
Webcast:
--------
The conference call will also be webcast live at www.alamosgold.com
Alamos common shares are traded on the Toronto Stock Exchange under the symbol "AGI" and convertible debentures under the symbol "AGI.DB".
Cautionary Note
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain "forward-looking statements". All statements other than statements of historical fact included in this release, including without limitation statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Alamos, are forward-looking statements that involve various risks and uncertainties. These forward-looking statements include, but are not limited to, statements with respect to anticipated commencement dates of mining production, mining and procession of mined ore, achieving projected recovery rates anticipated production rates and mine life, operating efficiencies, costs and expenditures and conversion of mineral resources to proven and probable reserves, and other information that is based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements.
There can be no assurance that forward-looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Alamos' expectations include, among others, risks related to international operations, the actual results of current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined as well as future prices of gold and silver, as well as those factors discussed in the section entitled "Risk Factors" in Alamos' AIF (Form 20-F as filed with the United States Securities and Exchange Commission). Although Alamos has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
SOURCE: Alamos Gold Inc.
Alamos Gold Inc.
John A. McCluskey
President and Chief Executive Officer
(416) 368-9932 x203
Alamos Gold Inc.
Victoria Vargas
Investor Relations
(416) 368-9932 x201
Email: vvargas@alamosgold.com
Website: www.alamosgold.com
ALAMOS GOLD INC. is a development-stage mining company that has 100% ownership of the Salamandra group of concessions, which includes the Mulatos gold deposit in Sonora, Mexico.
Find Out More • Chart • Price History • News Symbol:AGIExchange(s):
12 Months
us$ Dec 31, 2004
12 Months
us$ Dec 31, 2003
12 Months
us$ 3Yr.
Growth
% Change Total Revenue ($000): 3,582 356 25 419.89 Earnings before Interest & Tax ($000): -6,351 -4,479 -1,572 N/A Profit/Loss ($000): -9,447 -4,767 -1,934 N/A Earnings per Share: -0.12 -0.08 -0.05 N/A Total Assets ($000): 126,200 74,884 28,423 149.87 Dividends Per Share 0.00 0.00 0.00 Return on Com. Equity: -12.47 -9.57 -12.97 Employees: 300 6 N/A Trailing 12 Month Results 12 Months ended
Sep 30, 2006, us$ 12 Months ended
Sep 30, 2005, us$ %Change Total Revenue ($000): 42,177 1,508 2,697.54 Profit/Loss ($000): -2,908 -8,774 66.85 Earnings per Share: -0.11 -0.12 8.33 Dividends Per Share 0.00 0.00 Number of Shares: 93,526,359 77,354,418 Top Companies in Metal Mines (Selected by Assets) LionOre Mining International Aur Resources First Quantum Minerals Lundin Mining Breakwater Resources Northern Orion Resources Quadra Mining Ltd. Gammon Lake Resources International Royalty
Thursday March 29, 6:35 pm ET
TORONTO, ONTARIO--(MARKET WIRE)--Mar 29, 2007 -- Alamos Gold Inc. (Toronto:AGI.TO - News) ("Alamos" or the "Company") reports an increase in mineral reserves at its Mulatos deposit, in Sonora, Mexico. The updated mineral reserve estimate was calculated as at December 31, 2006 using a price of $500 per ounce of gold, and indicates proven and probable reserves of 2.1 million contained ounces. This reflects a 7% increase from the mineral reserves for the Estrella Pit reported in the Company's Feasibility Study dated June 17, 2004 of 1.92 million contained ounces. The updated mineral reserve estimate incorporates the Estrella, Mina Vieja, El Salto and Escondida areas.
The Company's exploration and development program has been successful in adding reserves to areas outside of the existing Estrella Pit. The Company anticipates growing its reserve base in 2007 and 2008 as the results of drilling at the Gap and El Victor areas are incorporated into its global mineral reserve.
Proven and probable reserves are summarized in the table below as at
December 31, 2006:
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PROVEN AND PROBABLE MINERAL RESERVES 1, 2
At December 31, 2006
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PROVEN PROBABLE PROVEN AND PROBABLE
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Property Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces
(000) (g/t (000) (000) (g/t (000) (000) (g/t (000)
Au) Au) Au)
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Estrella 6,045 1.82 354 25,855 1.60 1,329 31,900 1.64 1,683
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Escondida 863 3.97 110 2,762 1.38 122 3,625 1.99 232
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El Salto/
Mina Vieja 543 1.10 19 3,654 1.04 123 4,197 1.05 142
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Total 7,451 2.02 483 32,271 1.52 1,574 39,722 1.61 2,057
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1. Unless otherwise noted, the Company's reserves are estimated using
appropriate cut-off grades ranging from 0.4 g/t Au to 0.9 g/t Au
derived using an estimated gold price of US$500 per ounce. Reserves are
estimated using projected life-of-mine operating costs and gold
recovery assumptions.
2. The Company's reserves as at December 31, 2006 are
classified in accordance with the Canadian Institute of Mining
Metallurgy and Petroleum's "CIM Standards on Mineral Resources and
Reserves, Definition and Guidelines" as per Canadian Securities
Administrator's National Instrument 43-101 ("NI 43-101") requirements.
Estrella
Current mining operations at the Mulatos deposit are focused on the Estrella Pit. The table below presents reserves in the Estrella Pit as at December 31, 2006 compared to the original 2004 Feasibility Study estimate:
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Proven and Probable At December 31, 2006 2004 Feasibility Study
Reserves
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Estrella Pit Tonnes Grade Ounces Tonnes Grade Ounces
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(000) (g/t Au) (000) (000) (g/t Au) (000)
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Oxide 1,871 0.90 54 2,802 1.12 101
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Silicified Mixed 7,975 1.64 420 7,863 1.65 417
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Non-Silicified Mixed 1,025 1.61 53 1,209 1.58 61
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Silicified Sulfide 13,981 1.81 811 16,037 1.81 933
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Non-Silicified Sulfide 7,048 1.52 344 8,456 1.48 401
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Total 31,900 1.64 1,682 36,367 1.64 1,913
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ADVERTISEMENT
Mineral reserves in the Estrella Pit were 31,900,000 tonnes at a grade of 1.64 g/t Au for total contained ounces of 1,682,000 as at December 31, 2006. The 12% reduction in contained ounces between the 2004 Feasibility Study and as at December 31, 2006 is the result of a combination of the following factors:
- A total of 268,000 contained ounces was mined from the Estrella Pit in the period from the start of mining operations in the third quarter of 2005 to December 31, 2006.
- Mineral reserves were estimated at December 31, 2006 using a gold price of US$500 per ounce as compared to US$350 per ounce used in calculating the reserves reported in the 2004 Feasibility Study.
- Mine operating costs and royalty costs used in the calculation of mineral reserves as at December 31, 2006 have increased from the assumptions used in the 2004 Feasibility Study estimate.
Escondida
Mineral reserves in the Escondida project area contributed 232,000 contained ounces to the mineral reserve estimate as at December 31, 2006. The majority of these ounces (141,000) are derived from the Escondida High Grade Zone, where the Company believes that the grade used in the reserve calculation understates the actual grade due to coarse gold sampling issues. Further sampling tests and analysis are currently underway in order to report a more accurate grade for this area.
El Salto - Mina Vieja
The El Salto - Mina Vieja area contributed 142,000 contained ounces to the mineral reserve estimate as at December 31, 2006. The 2004 Feasibility Study reserve estimate did not include the El Salto-Mina Vieja area.
Outlook
The Company is expected to announce revised resources at the El Victor project area in the second half of 2007 and is currently drilling the Gap area. The Company anticipates significant future increases in mineral reserves and resources from the El Victor, Gap and San Carlos areas within the Mulatos Deposit.
Qualified Person(s)
The independent Qualified Person for the NI 43-101 compliant reserve estimate is Herb Welhener, Vice President of Independent Mining Consultants of Tucson, Arizona working in conjunction with the Company's exploration and operations staff.
Keith Blair, Manager of Applied Geoscience LLC of Reno, Nevada, prepared the resource report combining the Escondida deposit resource models and previously released 2004 Feasibility Study and El Salto/Mina Vieja resource models prepared by Mike Lechner, President of Resource Modeling Inc. of Tucson, Arizona. Both Mr. Blair and Mr. Lechner are recognized as Qualified Persons according to the requirements of NI 43-101. Details of the individual resource estimates are provided in previous releases of February 1, 2007, November 7, 2005, and January 21, 2004. Resource models were generated for the original deposit topography, and for the portion of the deposit remaining below pit topography at the end of 2006.
The exploration work in the Escondida, El Salto, Mina Vieja, San Carlos, and El Victor areas was conducted under the direction of Ken Balleweg, P. Geol, BSc. Geological Engineering, M.S. Geology, Alamos' Vice President of Exploration and a Qualified Person as defined by NI 43-101. Drilling and analytical methods for each individual resource area are outlined in the releases for each area and the 2004 Feasibility Study.
Alamos common shares are traded on the Toronto Stock Exchange under the symbol "AGI" and convertible debentures under the symbol "AGI.DB".
Forward-Looking Statements:
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release includes certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including without limitation statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Alamos, are forward-looking statements that involve various risks and uncertainties. The mineral reserve estimates contained herein are only estimates and no assurance can be given that any particular level of recovery of minerals will be realized or that an identified resource will ever qualify as a commercially mineable (or viable) deposit which can be legally and economically exploited. In addition, the grade of mineralization ultimately mined may differ from the one indicated by the drilling results and the difference may be material. The estimated reserves described herein should not be interpreted as assurances of mine life or of the profitability of future operations.
There can be no assurance that forward-looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Alamos' expectations include, among others, risks related to international operations, the actual results of current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined as well as future prices of gold and silver, as well as those factors discussed in the section entitled "Risk Factors" in Alamos' Annual Information Form ("AIF"). Although Alamos has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Contact:
Contacts:
Alamos Gold Inc.
John A. McCluskey
President and Chief Executive Officer
(416) 368-9932 x203
Alamos Gold Inc.
Victoria Vargas
Investor Relations
(416) 368-9932 x201
Email: vvargas@alamosgold.com
Website: http://www.alamosgold.com
--------------------------------------------------
Source: Alamos Gold Inc.
Email Story
Set News Alert
Grüße
Alamos produces 31,100 oz Au, to issue results March 11
2008-01-08 09:41 ET - News Release
Mr. John McCluskey reports
ALAMOS GOLD INC. INCREASES QUARTERLY PRODUCTION BY 43% IN Q4 2007
Alamos Gold Inc.'s gold production for the fourth quarter of 2007 was approximately 31,100 ounces. Gold production in the fourth quarter of 2007 increased 43 per cent over the 21,674 ounces produced in the third quarter, a period in which gold production was adversely affected by record rainfall. The company exceeded its fourth quarter production target of 30,000 ounces of gold by 1,100 ounces. Quarterly production benefited from improved crusher throughput, averaging 13,000 tonnes per day, up 41 per cent from the third quarter 2007 average of 9,200 tonnes per day.
The company also achieved increased gold sales in 2007 of 108,296 ounces, 17,076 ounces or 19 per cent higher than the 91,220 ounces of gold sold in 2006. Unaudited revenue for 2007 was $74-million compared with $54.7-million for 2006, an increase of 35 per cent. The company benefited from both increased gold sales and higher gold prices in 2007 compared with 2006.
GOLD PRODUCTION IN Q3 AND Q4 2007
Q3 October November December Q4
Gold production (ounces) 21,674 9,200 10,050 11,850 31,100
* Fourth quarter production is subject to final refinery settlements.
Strong cash flows from operations combined with the recovery of outstanding tax receivables enabled the company to repay the $7-million balance outstanding on its bank debt in the fourth quarter. The company reports that it recovered approximately $6-million in Mexican value-added tax receivables in the fourth quarter.
The company also announces that certain initiatives which are expected to improve gold recoveries are progressing. The company is currently evaluating the effects of solution pH, solution flow rates and cement agglomeration on gold recoveries. Interim data from column tests at an independent facility indicated that gold recoveries improved when crushed ore was agglomerated with cement. The company will assess all test results and recommendations when the final report is received. A second initiative involves placing ore on the leach pad using a leach pad stacking/conveying system, which is expected to be operational in the first quarter of 2008.
Year-end 2007 results
Alamos will report its fourth quarter and year-end 2007 results on Tuesday, March 11, 2008, after market close. The company will host a conference call on Wednesday, March 12, 2008, at 11 a.m. (ET).
Live conference call
Local access: 416-641-6121
Toll-free access: 1-866-225-9256
Instant replay access information
Local access: 416-695-5800
Toll-free access: 1-800-408-3053
Passcode: 3247816
Expiry date: March 26, 2008
We seek Safe Harbor.
Und die Aktie immer noch billig, aber das wird von den meisten nicht gesehen, weil hier immernoch die Verlustvorträge aus den Investionen in der Bilanz ihre Wirkung zeigen. Beim Cashfow werden wir diesmal einen mächtigen Satz sehen und in 3 Jahren rechne ich sogar mit einer Dividende!
Außerdem werden durch den Verlustvortrag und Steuerrückerstattung so nebenbei die Bankschulden auch noch komplett abgebaut.
Wenn man bedenkt das durch starke Regenfälle im 4. Quartal die Produktion noch immer nicht voll ausgelastet war!
Wenn das keine gute Nachrichten sind und das keine Kaufenpfehlung ist, wann dann?
Und was machen die Deutschen? Sie sparen für Riesterrente und merken noch nicht einmal wo in Zukunft richtiges Geld verdient wird.
Leser des Artikels: 885
(www.Rohstoff-Welt.de / www.GoldSeiten.de) - Die zweitgrößte Schweizer Bank, die Credit Suisse Group, hat ihre Prognosen für Gold erhöht, das berichtet Bloomberg. Aufgrund der erneuten Zinssatzsenkungen, werden die Prognosen bis 2012 nach oben korrigiert, da man von einem weiterhin schwächer werdenden Dollar ausgehen muss. Demzufolge soll Gold in diesem Jahr durchschnittlich 950 $/oz kosten, in früheren Prognosen wurde noch von 700 $/oz gesprochen. Im nächsten Jahr soll das Metall durchschnittlich 1035 $/oz kosten, andere Prognosen gingen anfänglich von 750 $/oz aus.
Diese Meldung ist ein Service von www.GoldSeiten.de und www.Rohstoff-Welt.de, den führenden Websiten für Edelmetalle und Rohstoffe im deutschsprachigen Raum.
Autor: GoldSeiten.de
Fazit: Hier bereichern sich alle vom Managment, Banken über die Behörden bis zum Zulieferer und für die Aktionäre bleibt nichts mehr übrig!
Fazit: Strong sell bis 5,00 canadische Dollar = 3,25 Euro!!!!!
Highlights 2007
During the year ended December 31, 2007, the Company: Im Laufe des Jahres zum 31. Dezember 2007 ist die Firma:
- Increased gold sales 19% to 108,281 ounces compared to 91,220 ounces in 2006. -- Erhöhte Gold Umsatz 19% auf 108281 Unzen Unzen im Vergleich zu 91220 in 2006.
- Recorded revenues of $74 million, an increase of 35% over 2006 revenues of $54.7 million. -- Aufgezeichnete einem Umsatz von $ 74 Mio., ein Anstieg von 35% gegenüber 2006 einem Umsatz von $ 54,7 Millionen.
-Recognized earnings of $2.9 million ($0.03 per share), compared to a restated loss of $0.3 million ($0.07 per share) in 2006. Anerkannt-Gewinn von $ 2,9 Millionen ($ 0,03 pro Aktie), verglichen mit einem Verlust von angepasst $ 0,3 Millionen ($ 0,07 pro Aktie) in 2006.
- Generated positive cash flows from operating activities of $20.9 million ($0.22 per share) compared to negative cash flows of $0.7 million ($0.01 per share) in 2006. -- Generated positiven Cash-Flow aus laufender Geschäftstätigkeit von $ 20,9 Millionen ($ 0,22 pro Aktie) im Vergleich zu negativen Cash-Flows von $ 0,7 Millionen ($ 0,01 pro Aktie) in 2006.
- Produced 106,200 ounces of gold at a cash operating cost of $390 per ounce of gold sold (total cash cost inclusive of royalties of $425). -- Produziert 106200 Unzen Gold bei einem operativen Cash-Kosten von $ 390 pro Unze Gold verkauft (Total Cash-Kosten inklusive der Lizenzgebühren von $ 425).
- Realized a cash margin per ounce of gold sold of $259 compared to $281 in 2006. -- Realisierte einer Cash Margin pro Unze Gold verkauft, der im Vergleich zu $ 259 $ 281 in 2006.
- Considerably strengthened its financial position through the repayment of its bank loan and increase in working capital to $39.2 million. -- Deutlich verstärkte ihre finanzielle Lage durch die Rückzahlung der Bankdarlehen und einen Anstieg des Working Capital bis zu $ 39,2 Millionen.
- Reported a resource of 0.5 million ounces at El Victor. -- Gemeldete eine Ressource von 0,5 Millionen Unzen in El Victor.
- Announced the appointment of Mr. Eduardo Luna (Chairman, Silver Wheaton -- Verkündete die Ernennung von Herrn Eduardo Luna (Vorsitzender, Silver Wheaton
Minerals Inc., ex-President of Goldcorp (Mexico)) to the Company's Board of Minerals Inc., Ex-Präsident von Goldcorp (Mexiko)), um die Gesellschaft in den Vorstand berufen
Directors.
During the fourth quarter of 2007, the Company: Im vierten Quartal 2007 gab das Unternehmen:
- Recorded quarterly revenues of $20.7 million, an increase of 35% over revenues in the fourth quarter of 2006 of $15.3 million. -- Aufgezeichnete Quartalsumsatz von $ 20,7 Mio., ein Anstieg von 35% gegenüber einem Umsatz im vierten Quartal 2006 von $ 15,3 Millionen.
- Increased quarterly gold sales 7% to 27,029 ounces compared to 25,270 in the same period of 2006. -- Erhöhte vierteljährlich Gold Umsatz um 7% auf 27029 Unzen im Vergleich zu 25270 im gleichen Zeitraum des Jahres 2006.
- Increased quarterly cash flows from operating activities from $0.6 million in the fourth quarter of 2006 to $9.2 million. -- Erhöhte vierteljährliche Cash-Flow aus laufender Geschäftstätigkeit von EUR 0,6 Millionen im vierten Quartal 2006 um $ 9,2 Millionen.
Thursday May 8, 6:36 pm ET
TORONTO, ONTARIO--(MARKET WIRE)--May 8, 2008 -- Alamos Gold Inc. (Toronto:AGI.TO - News) ("Alamos" or the "Company") announces that it has released its financial results for the first quarter of 2008. A link to the Company's interim consolidated financial statements for the three-month periods ended March 31, 2008 and 2007 and related Management's Discussion and Analysis is provided at the end of this release
All amounts are unaudited and in United States dollars, unless otherwise stated. Refer to the Cautionary Non-GAAP Statements section at the end of this release for a discussion of the non-GAAP measures used by the Company. Except for historical information contained in this discussion and analysis, disclosure statements contained herein are forward-looking, as defined in the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from those in such forward-looking statements.
First Quarter 2008 Highlights
During the three-month period ended March 31, 2008, the Company reported record quarterly earnings, gold sales and production, revenues and cash flows from operations. Specifically, the Company:
- Recognized record quarterly earnings of $5.7 million ($0.06 per share), an increase of 380% over earnings of $1.2 million ($0.01 per share) in the first quarter of 2007.
- Increased gold sales revenues 83% from $17 million in the first quarter of 2007 to $31 million in the first quarter of 2008.
- Reported record quarterly gold sales of 34,609 ounces representing a 27% increase over the comparable period of 2007.
- Generated cash flows from operating activities of $14.8 million or $0.16 per share compared to $3.4 million or $0.04 per share in the first quarter of 2007.
- Produced a record 33,253 ounces at a cash operating cost of $366 per ounce of gold sold (total cash cost inclusive of royalties of $414 per ounce of gold sold).
- Realized an operating cash margin per ounce of gold sold of $483 per ounce compared to $259 per ounce in the first quarter of 2007, an increase of 86%.
Subsequent to the end of the first quarter, the Company:
- Announced record monthly gold production of 12,115 ounces in April 2008.
- Reported the successful commissioning of the conveying and stacking system.
- Repaid $5.5 million or approximately 70% of its outstanding capital lease obligations from operating cash flows.
- Elected to convert its outstanding convertible debenture liability, resulting in retiring a $1.4 million liability through the issuance of 258,677 common shares and a cash payment of $0.1 million.
A summary of the Company's financial results for the three-month periods ended March 31, 2008 and 2007 is presented below:
Q1 Q1
2008 2007
Gold sales revenues (000) $31,030 $16,958
Cash provided by operating activities before
changes in non-cash working capital (000)(1) $11,376 $4,940
Changes in non-cash working capital (000) $3,425 ($1,523)
Cash provided by operating activities (000) $14,801 $3,417
Earnings before income taxes (000) $9,154 $2,023
Earnings (000) $5,704 $1,189
Earnings per share
- basic and diluted $0.06 $0.01
Weighted average number of common shares
outstanding
- basic 94,739,000 93,726,000
- diluted 96,731,000 96,523,000
(1) A non-GAAP measure calculated as cash provided by operating activities
as presented on the consolidated statements of cash flows and adding
back changes in non-cash working capital.
The Company reported record quarterly financial results in the first quarter of 2008. A high realized gold price combined with record gold sales contributed to the Company generating $11.4 million in cash from operating activities before changes in non-cash working capital, and $14.8 million ($0.16 per share) after changes in non-cash working capital. The $14.8 million cash provided by operating activities represents a 333% increase over the $3.4 million ($0.04 per share) generated in the first quarter of 2007. Changes in non-cash working capital resulted in a use of cash of $1.5 million in the first three months of 2007 as the Company was investing in its gold inventory and Mexican value added tax receivable balances.
The Company recognized earnings before income taxes of $9.2 million in the first quarter of 2008 compared to $2.0 million in the same period of 2007, an increase of 352%.
The Company recorded earnings of $5.7 million or $0.06 per share. These results were due primarily to a 44% increase in the realized gold price per ounce and a 27% increase in the number of gold ounces sold in the first quarter of 2008 compared to the same period of 2007.
Results of Operations
In the first quarter of 2008, the Company reported record gold sales and gold production. Operational improvements implemented in 2007 have significantly benefited mining operations and contributed to higher gold production and reduced operating costs. These factors combined with appreciably higher gold prices, have resulted in the Company's strong financial performance in the first quarter of 2008.
Gold production in the first quarter of 2008 was 33,253 ounces or 33% higher than gold production of 24,940 in the first quarter of 2007. Gold sales in the first quarter of 2008 increased 27% over the comparable period of 2007 to 34,609 ounces. The table below outlines key quarterly production indicators during the first quarters of 2008 and 2007:
Production summary Q1 Q1 Change Change
2008 2007 (#) (%)
Ounces produced(1) 33,253 24,940 8,313 33%
Ore mined (tonnes) 1,230,000 1,035,000 195,000 19%
Waste mined (tonnes) 1,653,000 2,321,000 (668,000) (29%)
Total mined (tonnes) 2,883,000 3,356,000 (473,000) (14%)
Ore crushed (tonnes) 1,244,000 1,050,000 194,000 18%
Ore mined per day (tonnes) 13,500 11,400 2,100 18%
Ore crushed per day (tonnes) 13,670 11,500 2,170 19%
Waste-to-ore ratio 1.34 2.24 (0.90) (40%)
Grade (g/t Au) 2.34 1.73 0.61 35%
(1) Reported gold production for Q1 2007 has been adjusted to reflect final
refinery settlement. Reported gold production for Q1 2008 is subject
to final refinery settlement and may be adjusted.
The Company achieved significant increases in ore mined and crushed during the first quarter of 2008 compared to the same period of 2007. Throughout 2007, the Company used excess haul truck capacity caused by lower than planned crusher throughput to reorganize the open pit and move additional waste. As a result, mining operations were more efficient in the first quarter of 2008, contributing to a 19% increase in ore mined and a 29% decrease in waste mined, in line with the Company's budget. Also in 2007, the Company commissioned a new crusher which has improved the Company's ability to meet its targeted crusher throughput rates. Average daily crusher throughput of 13,670 in the first quarter of 2008 represented a 19% improvement over the comparable period of 2007. The grade of ore crushed and stacked in the first quarter of 2008 was 35% higher than in the prior year period and above the Company's budgeted grade.
The operational changes made in 2007 have demonstrated measurable improvements in both operating and production statistics, which in turn have contributed to cost efficiencies and lower costs per tonne. The following table compares costs per tonne in the first quarter of 2008 to the first quarter of 2007 and the 2007 year:
Costs per tonne summary Q1 Q1
2008 2007 Change 2007
(3 months) (3 months) (%) (12 months)
Mining cost per tonne of
material (ore and waste) $1.50 $1.31 15% $1.34
Waste-to-ore ratio 1.34 2.24 (40%) 2.50
Mining cost per tonne of ore $3.51 $4.25 (17%) $4.67
Crushing cost per tonne of ore $2.24 $2.23 (0%) $2.51
Processing cost per tonne
of ore $2.22 $2.16 2% $2.39
Mine administration cost per
tonne of ore $1.47 $1.11 32% $1.70
Total cost per tonne of ore $9.44 $9.75 (3%) $11.27
Mine operating costs allocated to ounces sold are summarized in the table
below for the periods indicated:
Q1 Q1 Change
2008 2007 %
Gold production (ounces)(1) 33,253 24,940 33%
Gold sales (ounces) 34,609 27,200 27%
Cash operating costs (000)(2) $12,682 $9,019 41%
- Per ounce sold $366 $332 10%
Royalties and production taxes (000)(3) $1,654 $892 85%
Total cash costs (000)(4) $14,336 $9,911 45%
- Per ounce sold $414 $364 14%
Amortization (000) $4,611 $2,455 88%
Accretion expense (000) $82 $44 86%
Total production costs (000)(5) $19,029 $12,410 53%
- Per ounce sold $549 $456 20%
- Realized gold price per ounce $897 $623 44%
- Operating cash margin per ounce(6) $483 $259 86%
(1) Reported gold production is subject to final refinery settlement.
(2) "Cash operating costs" is a non-GAAP measure which includes all direct
mining costs, refining and transportation costs and by-product credits.
"Cash operating costs" is equivalent to mining and processing costs as
reported in the Company's financial statements.
(3) Production royalties are included as of April 1, 2006 at 5% of net
precious metals revenues (as determined in accordance with the royalty
agreement).
(4) "Total cash costs" is a non-GAAP measure which includes all "cash
operating costs" and royalties and production taxes. "Total cash costs"
is equivalent to mining and processing costs and royalties as reported
in the Company's financial statements.
(5) "Total production costs" is a non-GAAP measure which includes all
"total cash costs", amortization, and accretion of asset retirement
obligations. "Total production costs" is equivalent to mining and
processing costs, royalties, amortization and accretion of asset
retirement obligations as reported in the Company's financial
statements.
(6) "Operating cash margin per ounce" is a non-GAAP measure which is
calculated as the difference between the Company's gold sales and
mining and processing and royalty expenses as reported in the Company's
financial statements.
Outlook
In the first quarter of 2008, the Company demonstrated its ability to increase gold production and substantially reduce its cash operating costs compared with the previous quarter. Gold production increased 6% and cash operating costs decreased 22% in the first quarter of 2008 compared to the fourth quarter of 2007.
Improvements that were initiated last year, starting with the expanded crushing circuit, are nearing completion with the commissioning of the conveying and stacking system and expanded and redesigned leach pad. Next, the Company is focused on the completion of the cement agglomeration circuit in the second quarter of 2008, and in the latter half of the year, additional carbon columns will be added in the plant to increase solution processing capacity.
Other capital projects including the warehouse, truck shop, laboratory and camp improvements are substantially complete. The benefits of these projects should start to be realized in the second quarter as the Company's mining operations become more efficient resulting in corresponding reductions in costs.
The Company is forecasting gold sales and gold production of 35,000 ounces in the second quarter of 2008 at a cash operating cost (exclusive of royalties which increase with gold prices), at or below $385 per ounce.
The results of the evaluation of the economics of mining the Escondida project are expected to be received later in 2008, with a production decision expected shortly thereafter. It is expected that the Escondida project would be financed in part through existing cash balances and cash flows from current mining operations. The Company is currently evaluating other financing options, including bank debt financing.
Drilling at La Yaqui is expected to continue in the second quarter, in addition to new Phase 1 drilling at Cerro Pelon.
Interim Consolidated Financial Statements and Management's Discussion and Analysis
To view the Company's interim consolidated financial statements and management's discussion and analysis in PDF format, please click on the following link:
http://media3.marketwire.com/docs/agi0508.pdf
Annual General Meeting
Alamos' Annual and Special Meeting of Shareholders will be held at 4:30PM on Thursday, May 15th, 2008 at the Toronto Stock Exchange - Gallery at the Exchange Tower, 130 King Street West, Toronto, Ontario.
About Alamos
Alamos is a Canadian-based gold producer with operations, exploration and development activities in Mexico. The Company employs approximately 400 people in Mexico and is committed to the highest standards of environmental management, social responsibility, and health and safety for its employees and neighbouring communities. Alamos is fully leveraged to increases in gold prices. Alamos' common shares are traded on the Toronto Stock Exchange under the symbol "AGI".
Cautionary Non-GAAP Statements
The Company believes that investors use certain indicators to assess gold mining companies. They are intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared with GAAP. "Cash flow from operating activities before changes in non-cash working capital" is a non-GAAP performance measure which could provide an indication of the Company's ability to generate cash flows from operations, and is calculated by adding back the change in non-cash working capital to "Cash provided by (used for) operating activities" as presented on the Company's consolidated statements of cash flows. "Mining cost per tonne of ore" is a non-GAAP performance measure which could provide an indication of the mining and processing efficiency and effectiveness at the Mine. It is determined by dividing the relevant mining and processing costs by the tonnes of ore processed in the period. "Cost per tonne of ore" is usually affected by operating efficiencies and waste-to-ore ratios in the period. "Cash operating cost per ounce" and "total cash cost per ounce" as used in this analysis are non-GAAP terms typically used by gold mining companies to assess the level of gross margin available to the Company by subtracting these costs from the unit price realized during the period. These non-GAAP terms are also used to assess the ability of a mining company to generate cash flow from operations. There may be some variation in the method of computation of "cash operating cost per ounce" as determined by the Company compared with other mining companies. In this context, "cash operating cost per ounce" reflects the cash operating cost allocated from in-process and dore inventory associated with ounces of gold sold in the period. "Cash operating cost per ounce" may vary from one period to another due to operating efficiencies, waste-to-ore ratios, grade of ore processed and gold recovery rates in the period. "Total cash cost per ounce" includes "cash operating cost per ounce" plus applicable royalties.
Cautionary Note
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain "forward-looking statements". All statements other than statements of historical fact included in this release, including without limitation statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Alamos, are forward-looking statements that involve various risks and uncertainties. These forward-looking statements include, but are not limited to, statements with respect to mining and processing of mined ore, achieving projected recovery rates, anticipated production rates and mine life, operating efficiencies, costs and expenditures, changes in mineral resources and conversion of mineral resources to proven and probable reserves, and other information that is based on forecasts of future operational or financial results, estimates of amounts not yet determinable and assumptions of management.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements.
There can be no assurance that forward-looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Alamos' expectations include, among others, risks related to international operations, the actual results of current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined as well as future prices of gold and silver, as well as those factors discussed in the section entitled "Risk Factors" in Alamos' Annual Information Form. Although Alamos has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
ALAMOS GOLD INC.
CONSOLIDATED BALANCE SHEETS
(Unaudited - stated in thousands of United States dollars)
March 31, December 31,
2008 2007
----------------------------
----------------------------
ASSETS
Current Assets
Cash and cash equivalents $18,170 $7,757
Amounts receivable 4,724 3,040
Advances and prepaid expenses 1,543 1,520
Available-for-sale securities 1,108 1,195
Inventory 35,040 36,222
----------------------------
60,585 49,734
Mineral property, plant and equipment 126,862 126,095
----------------------------
$187,447 $175,829
----------------------------
----------------------------
LIABILITIES
Current Liabilities
Accounts payable and accrued liabilities $7,764 $7,907
Income taxes payable 4,320 -
Current portion of capital lease obligations 2,125 2,072
Current portion of property acquisition
obligations 518 562
Convertible debenture 1,266 1,297
----------------------------
15,993 11,838
Capital lease obligations 5,921 6,503
Future income taxes 11,625 11,445
Employee future benefits 581 555
Asset retirement obligations 3,410 3,460
Property acquisition obligations 746 891
----------------------------
Total Liabilities $38,276 $34,692
----------------------------
SHAREHOLDERS' EQUITY
Share capital $162,736 $161,042
Convertible debenture 293 293
Contributed surplus 7,446 6,810
Deficit (21,304) (27,008)
----------------------------
----------------------------
149,171 141,137
----------------------------
----------------------------
$187,447 $175,829
----------------------------
----------------------------
ALAMOS GOLD INC.
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
(Unaudited - stated in thousands of United States dollars, except per
share amounts)
For the three-month
period ended
March 31, March 31,
2008 2007
----------------------------
----------------------------
OPERATING REVENUES
Gold sales $31,030 $16,958
----------------------------
OPERATING EXPENSES
Mining and processing 12,682 9,019
Royalties 1,654 892
Amortization 4,611 2,455
Exploration 564 593
Corporate and administrative 1,028 872
Stock-based compensation 970 438
Accretion expense 82 44
Employee future benefits 16 87
----------------------------
21,607 14,400
----------------------------
EARNINGS FROM OPERATIONS BEFORE THE FOLLOWING 9,423 2,558
Interest income 48 64
Interest expense (188) (291)
Accretion of convertible debenture discount (19) (15)
Foreign exchange loss (174) (176)
Other gain (loss) 64 (117)
----------------------------
Earnings before income taxes for the period 9,154 2,023
Income taxes
- Current (3,650) (134)
- Future 200 (700)
----------------------------
Earnings and comprehensive income for
the period $5,704 $1,189
----------------------------
Earnings per share for the period
- basic and diluted $0.06 $0.01
----------------------------
Weighted average number of common shares
outstanding
- basic 94,739,000 93,726,000
----------------------------
----------------------------
- diluted 96,731,000 96,523,000
----------------------------
----------------------------
ALAMOS GOLD INC.
CONSOLIDATED STATEMENTS OF DEFICIT
(Unaudited - stated in thousands of United States dollars)
For the three-month
periods ended
March 31, March 31,
2008 2007
----------------------------
----------------------------
Deficit - beginning of period ($27,008) ($27,617)
Earnings for the period 5,704 1,189
----------------------------
Deficit - end of period ($21,304) ($26,428)
----------------------------
----------------------------
ALAMOS GOLD INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited - stated in thousands of United States dollars)
For the three-month
periods ended
March 31, March 31,
2008 2007
----------------------------
----------------------------
Cash provided by:
Operating Activities
Earnings for the period $5,704 $1,189
Adjustments for items not involving cash:
Amortization 4,611 2,455
Accretion expense 101 59
Employee future benefits 26 87
Unrealized foreign exchange loss 176 12
Future income taxes (200) 700
Realized gain on sale of securities (12) -
Stock-based compensation 970 438
Changes in non-cash working capital:
Fair value of forward contracts 16 119
Amounts receivable (1,685) (798)
Inventory 955 (903)
Prepaid expenses (23) 229
Accounts payable, taxes payable and
accrued liabilities 4,162 (170)
----------------------------
14,801 3,417
----------------------------
Investing Activities
Proceeds from sale of securities 52 -
Mineral property, plant and equipment (5,271) (2,961)
----------------------------
(5,219) (2,961)
----------------------------
Financing Activities
Common shares issued 1,360 161
Capital lease repayments (529) (270)
Restricted cash - 46
----------------------------
831 (63)
----------------------------
Net increase in cash and cash equivalents 10,413 393
Cash and cash equivalents - beginning
of period 7,757 4,878
----------------------------
Cash and cash equivalents - end of period $18,170 $5,271
----------------------------
Supplemental information:
Interest paid $228 $219
----------------------------
----------------------------
The following table presents the Company's gold production and sales in the second quarter of 2008 compared to the first quarter of 2008. All dollar amounts are expressed in Unites States currency.
--------------------------------------------------
Q2 Q1 %
2008(1) 2008 Change
Gold production (ounces)(2) 38,500 33,253 16%
Gold sales (ounces) 35,482 34,609 3%
Revenues (000) $32,337 $31,030 4%
Realized gold price per ounce $911 $897 2%
--------------------------------------------------
24.09.2009 | 15:01 Uhr | Autor: Redaktion
Alamos Gold wird 100% der Anteile an den Goldprojekten Agi Dagi und Kirazli von Fronteer und Teck Resources durch den Kauf verschiedener türkischer Tochtergesellschaften beider Unternehmen erwerben. Alamos zahlt rund 40 Mio. US$ und gibt insgesamt 4 Mio. Aktien an die Verkäufer aus. Zusätzlich zu einer gesetzmäßigen Ausgleichszahlung erhält eine dritte Partei eine 2%ige Nettoschmelzroyaltie für Agi Dagi.
Agi Dagi und Kirazli sind fortgeschrittene Explorationsprojekte im Biga Mineraldistrikt im Nordwesten der Türkei. Der Distrikt beherbergt eine Reihe epithermaler Goldlagerstätten mit hohen Sulfidgehalten sowie angrenzende Porphyr-Kupfer-Gold-Lagerstätten. Beide Projekte liegen in einer Region mit gut ausgebauter Infrastruktur. Eine von Fronteer im Juni 2007 veröffentlichte NI 43-101 Ressourcenschätzung weist Oxidressourcen der Kategorien "gemessen" und "angezeigt" von 1,293 Mio. oz Gold und 8,4 Mio. oz Silber sowie eine abgeleitete Ressource von 702.000 oz Gold und 5,254 Mio. oz Silber bei einem Cut-Off von 0,5 g/t Gold aus.
Auf den drei mineralisierten Zonen wurden 81 Löcher niedergebracht, deren Ergebnisse die Ressource erheblich aufwerten sollten. Alamos geht davon aus, dass mit der Zeit weiteres Potential auf dem Konzessionsgebiet erschlossen werden kann. John A. McCluskey, Präsident und CEO von Alamos, sieht die Türkei als aufstrebenden Goldproduzenten an. Derzeit seien 14 Minen, davon 5 Goldminen, im Betrieb, 4 weitere Goldminen würden derzeit im Land aufgebaut. Beide Projekte verfügen über eine Gesamtressource von mehr als 2 Mio. oz Goldoxid und eine beachtliche Silberressource.
http://www.rohstoff-welt.de/news/artikel.php?sid=15210
http://www.alamosgold.com/Theme/Alamos/files/...ntations/20091116.pdf
Folgende Zahlen wurden nach neun Monaten im Finanzjahr 2009 auf der gestrigen Präsentation vorgelegt:
Strongest Balance Sheet in Company’s History
Shares Outstanding1 108,833,406
Options1 6,437,500 (5.6%)
Fully Diluted 115,270,906
Recent Share Price2 C$11.70
Market Capitalization C$1.273 Billion
Cash & Equivalents > US$154 Million ( ~C$1.42 / share)
Debt None
Gold Hedging None
1 – October 31, 2009
2 – November 16, 2009
Produced 130,500 ounces of gold in 2009 by end of Q3
Total cash costs of $330 / ounce (includes 5% royalty)
Cash operating costs of $284 / ounce
Earnings per share of $0.34
$0.09 in Q1, $0.12 in Q2, $0.13 in Q3
Several exciting new discoveries at Mulatos
2 extensions to Escondida and a large extension to PdA
Increased 2009 production guidance to 160,000 to 170,000
ounces
Lowered 2009 total cash cost guidance to $335 / ounce
(includes 5% royalty) based on US$900 gold
Wie Alamos Gold mitteilte, hat die Mulatos Mine nach einer Reihe von Verbesserungen die volle Leistung erreicht. Desjardin Securities hat die Aktie des Unternehmens erstmalig bewertet und rechnet mit einer Jahresproduktion von 188.000 oz zu Cashkosten von 300 US$/oz.
2012 soll eine neue Mühlenanlage in Betrieb genommen werden und hochgradiges Material verarbeiten. Die Produktion könnte dann um 55.000 oz jährlich erhöht werden. Der Explorationserfolg auf Mulatos bietet ein hohes Entwicklungspotential, laut Desjardin ist jedoch fraglich, wie schnell das abgebaute Material verarbeitet werden kann.
Alamos verhandelt derzeit den Kauf der Goldprojekte Agi Dagi und Kirzali in der Türkei. Bis 2013 könnte hier eine Mine mit einer zweiten Haufenauslaugung mit einer Jahresproduktion von 150.000 oz Gold entstehen. Der Verkäufer sagte, die Projekte beherbergen rund 2,0 Mio. oz Gold in Oxiderz und 1,1 Mio. oz Gold in Sulfiderz plus Silber.
Desjarding empfiehlt, die Alamos Gold Aktie zu halten. Das Kursziel wird auf 13,00 Can$ pro Aktie festgesetzt.
http://www.minenportal.de/artikel.php?sid=8095
Marion Schlegel
Alamos Gold konnte das vergangenen Geschäftsjahr mit einem weiteren Produktionsrekord abschließen. Mit dem für 2013 anvisierten Produktionsstart der beiden Türkei-Projekte Agi Dagi und Kirazli könnte Alamos in eine neue Liga von Produzenten vorstoßen. RBC Capital Markets sieht sogar großes Neubewertungspotenzial.
Erneut gute Nachrichten gab es zuletzt aus dem Hause Alamos Gold. Das Unternehmen mit Minen in Mexiko und der Türkei meldete für das vierte Quartal 2009 eine Rekordproduktion von 48.000 Unzen Gold bei im Branchenvergleich extrem günstigen Förderkosten von nur 320 Dollar je Unze. Im Gesamtjahr wurden 178.500 Unzen Gold produziert und damit 18 Prozent mehr als 2008. Die gesamten Cash-Betriebskosten je verkaufter Unze betrugen 327 Dollar.
Produktionsstart in Sicht
Zudem legte Alamos Gold eine vorläufige wirtschaftliche Berechnung der beiden Türkei-Projekte Agi Dagi und Kirazli vor. Demnach wird eine jährliche Goldproduktion von 135.000 Unzen zu Cashkosten von 352 Dollar je Unze über eine Produktionszeit von acht Jahren erwartet. Eine vorläufige Machbarkeitsstudie ist für das zweite Quartal 2011 geplant. Die Produktion soll Anfang 2013 anlaufen. Damit dürfte Alamos die 300.000-Unzen-Hürde pro Jahr knacken können. Damit zählt Alamos nach Meinung von RBC Capital Markets zu den Firmen mit dem größten Neubewertungspotenzial. Historisch betrachtete bringe ein derartiger Aufstieg in die nächst höhere Produktionsregion eine deutliche höhere Bewertung mit sich. Auch Raymond James ist von der Aktie überzeugt und stuft Alamos Gold mit "strong buy" ein. Das Kurziel erhöhen die Analysten von 16 auf 18 Kanadische Dollar.
Ein absolutes Goldstück
DER AKTIONÄR rät ebenfalls zum Einstieg bei diesem aussichtsreichen Junior-Goldproduzenten. Das Unternehmen überzeugt mit enormem Produktionspotenzial bei extrem niedrigen Förderkosten. Zudem ist Alamos Gold schuldenfrei und vollkommen ungehedged. Das 12-Monats-Kursziel liegt bei 15 Euro, den Stopp sollte man bei 7,40 Euro setzen.
Ich sage dazu immer: "Cash Cow"
http://www.ariva.de/news/Alamos-Gold-buy-UBS-3429562
http://www.alamosgold.com/Theme/Alamos/files/...%20Tour%20Handout.pdf
Discount Gold Price ($/oz)
Rate $800 $900 $1,000 $1,100 $1,200 $1,400
0.0% $258 $354 $451 $547 $644 $829
5.0% $138 $207 $277 $346 $415 $548
7.5% $97 $156 $215 $275 $334 $448
10% $64 $115 $167 $218 $269 $367
IRR 18% 24% 29% 34% 40% 49%