BEIJING, June 21, 2024 /PRNewswire/ -- 36Kr Holdings Inc. ("36Kr" or the "Company") (NASDAQ: KRKR), a prominent brand and pioneering platform dedicated to serving New Economy participants in China, today announced that it has entered into a strategic partnership with SenseTime, a leading global artificial intelligence (AI) software company, to embed Artificial General Intelligence ("AGI") technology in diverse media scenarios, unleashing business innovation and commercialization potential.As a media frontru ...

TORONTO, May 30, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that the Company’s Board of Directors has declared a quarterly dividend of US$0.025 per common share. The Company has paid dividends for 15 consecutive years during which time $344 million has been returned to shareholders through dividends and share buybacks, including $20 million thus far in 2024. The dividend is payable on June 27, 2024 to shareholders of record as of the close of bu ...

All amounts are in United States dollars, unless otherwise stated. TORONTO, May 24, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI, NYSE:AGI) ("Alamos" or the "Company") today reported a summary of the voting results of its Annual General and Special Meeting of Shareholders (the "Meeting"). Results of the Meeting The Company is reporting the voting results of its Meeting held virtually on Thursday, May 23, 2024. The summary of the results are as follows: Total Shares Voted: 311,400,921 Total Shares Issu ...

All amounts are in United States dollars, unless otherwise stated. TORONTO, May 14, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI, NYSE:AGI) ("Alamos" or the "Company") today reported new results from its underground exploration program at the Young-Davidson mine. Underground exploration drilling from the mid-mine intersected a new style of higher-grade gold mineralization in zones within the hanging wall of the Young-Davidson deposit. These zones are located between 10 and up to 200 metres ("m") south ...

Investors looking for stocks in the Mining - Gold sector might want to consider either New Gold (NGD) or Alamos Gold (AGI) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that targets companies with positive ...

Alamos Gold Inc. (NYSE:AGI) Q1 2024 Earnings Conference Call April 25, 2024 11:00 AM ET Company Participants Scott Parsons - Senior Vice President, Investor Relations John McCluskey - President & Chief Executive Officer Greg Fisher - Chief Financial Officer Luc Guimond - Chief Operating Officer Conference Call Participants Mike Parkin - National Bank Kerry Smith - Haywood Securities Operator Good morning and I will now turn the call over to Scott Parsons, Alamos's Senior Vice President of Investor Relations ...

ALAMOS GOLD INC. Management's Discussion and Analysis (in United States dollars, unless otherwise stated) For the Three Months ended March 31, 2024 ALAMOS GOLD INC. For the Three months ended March 31, 2024 Table of Contents | Overview of the Business | 3 | | --- | --- | | Highlight Summary | 4 | | First Quarter 2024 Highlights | 6 | | Environment, Social and Governance Summary Performance | 7 | | Business Developments | 8 | | Outlook and Strategy | 10 | | Young-Davidson Mine ("Young-Davidson") | 12 | | Isl ...

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES SASKATOON, Saskatchewan, April 19, 2024 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV:GFG) (OTCQB:GFGSF) ("GFG" or the "Company") has closed its private placement financing (the "Offering") (see news release dated February 23, 2024) for gross proceeds of C$2,505,866. In connection with the Offering, Alamos Gold Inc. ("Alamos") (TSX:AGI, NYSE:AGI) purchased securities to maintain their 9.9% interest in the Company. Pursuant to the Offering, ...

Core Viewpoint - Alamos Gold is acquiring Argonaut Gold to enhance its production capabilities and operational synergies, particularly with the addition of the Magino mine, which is expected to significantly boost annual gold production and create substantial pre-tax synergies [2][3]. Acquisition Details - The acquisition of Argonaut Gold will provide Alamos Gold with the Magino mine, marking its fourth producing operation, and is expected to increase annualized production volume above 600,000 ounces of gold [3]. - The pre-tax synergies from this acquisition are estimated at $515 million, which aligns with the enterprise value of the entire transaction [3]. Production and Cost Implications - The addition of Magino will initially increase the consolidated All-In Sustaining Cost (AISC) for Alamos Gold in 2024 due to ramp-up issues, but costs are expected to stabilize in the following years [5]. - The transaction is projected to increase production volume by approximately 25%, while the share count will only rise by 5% [5]. Operational Insights - Alamos Gold's existing operations are diversified, with three mines expected to produce between 150,000 to 200,000 ounces of gold in 2024 [10]. - Over the past five years, the consolidated cash cost has risen by about 12%, and the consolidated AISC has increased by only 10%, indicating effective cost management despite industry inflation [10][13]. Financial Position - Alamos Gold has no debt and ended 2023 with $225 million in cash, which will be utilized to settle Argonaut's debt upon transaction finalization [16]. - The company has a small quarterly dividend of $0.025 per share, translating to a dividend yield of 0.7% based on the latest share price [16]. Reserves and Growth Potential - Alamos Gold reported 10.7 million ounces of gold reserves as of February, with the acquisition of Magino expected to add an additional 2.4 million ounces of reserves and nearly 4.6 million ounces of measured and indicated resources [17][19]. - The company has demonstrated impressive reserve growth and improved grades over time, indicating a strong resource base [19]. Valuation Considerations - The forward-looking EV to EBITDA ratio is 9.1, and the Price to Earnings ratio is 25, suggesting that the valuation is at the higher end of historical ranges [21]. - Despite the seemingly high valuation, the estimates may not fully reflect the new production levels, synergies, and improved gold prices, making the investment more attractive than it appears [21].

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team operates from key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2] Group 2 - The company specializes in various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [2] - Proactive adopts technology enthusiastically, utilizing decades of expertise and experience among its content creators [2] - Automation and software tools, including generative AI, are occasionally used, but all content is edited and authored by humans [3]