Minera Alamos Inc.
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Minera Alamos Completes Pan Operating Complex Integration Ahead of Schedule and Provides 2026 Production and Cost Guidance
TMX Newsfile· 2026-02-04 22:00
Core Viewpoint - Minera Alamos Inc. has successfully integrated the Pan Operating Complex ahead of schedule and provided production and cost guidance for 2026, indicating stable gold production despite increased waste stripping and costs [1][3][8]. Business Integration and Optimization - The integration of the Pan mine into Minera Alamos has been completed approximately three months ahead of schedule, with all corporate legal structures and financial systems transferred [4][6]. - A new mining contractor, Turner Mining Group, has been mobilized to the site, enhancing mining productivity and setting the stage for future expansion [4][6]. - The initial base case plan for the 2026 Pan mine has been completed, with further optimizations underway to leverage higher gold prices [5][6]. Production and Cost Guidance for 2026 - Gold production is projected to be between 32,000 and 38,000 ounces, maintaining similar levels to 2025 production of 35,303 ounces [8]. - Cash costs are expected to range from US$1,750 to US$1,900 per ounce, with all-in sustaining costs (AISC) projected between US$1,850 and US$2,000 per ounce [9]. - Mining rates are forecasted to increase by approximately 40% throughout 2026 due to the benefits of the new contractor and equipment [8]. Capital Expenditures - The company plans to spend approximately $1.5 million on sustaining capital expenditures, primarily for additional surface equipment [9]. - A significant non-sustaining capital expenditure of about $13.5 million is forecasted for capitalized stripping activities at the Pan mine [10]. Future Development - Mine development studies are underway for the Gold Rock deposit, which is located 7 miles southeast of the Pan mine, with potential integration into the POC to boost gold production as early as 2027 [7][8]. - The Gold Rock deposit contains 403,000 ounces of gold in indicated resources and 84,000 ounces in inferred resources [7].
Minera Alamos Retains Velocity Trade Capital for Market Making Services
TMX Newsfile· 2026-02-02 17:01
Core Viewpoint - Minera Alamos Inc. has engaged Velocity Trade Capital Ltd. to provide market-making services aimed at improving share liquidity and reducing trading volatility [1][4]. Group 1: Market-Making Agreement - The company will pay Velocity Trade a monthly fee of C$6,000 for market liquidity services, with a termination clause allowing either party to end the contract with 30 days' notice after 60 days [2]. - Velocity Trade is an independent investment dealer registered in several Canadian provinces and regulated by multiple international authorities [3]. Group 2: Company Overview - Minera Alamos is a North American gold production and development company, owning the Pan Operating Complex in Nevada, which includes the Pan heap leach gold mine and the Gold Rock project [5]. - The company also owns the Copperstone mine in Arizona and several high-quality assets in Mexico, including the Santana mine and the Cerro de Oro project [5]. - The company's strategy focuses on becoming a leading intermediate gold producer in the Americas by increasing production and developing low-capital projects [5].
Minera Alamos Announces Secondary Market Purchase of Its Shares by Group of Strategic Investors
TMX Newsfile· 2026-01-28 13:54
Toronto, Ontario--(Newsfile Corp. - January 28, 2026) - Minera Alamos Inc. (TSXV: MAI) (OTCQX: MAIFD) ("Minera Alamos" or the "Company") today announces that a subsidiary of Equinox Gold Corp. ("Seller") has entered into definitive agreements for the sale of 9,680,281 common shares ("Shares") of the Company to a group of strategic investors including Darren Blasutti, Minera Alamos' Executive Vice President, Corporate Development. The Shares are being sold at a price of C$5.80 per Share for gross proceeds t ...
Minera Alamos Reports Fourth Quarter Gold Production of 9,165 Ounces from the Pan Operating Complex; Cash Balance Increased to US$34 Million
TMX Newsfile· 2026-01-15 11:30
Core Insights - Minera Alamos Inc. reported strong preliminary operational results for Q4 2025, marking its first quarter as a gold producer following the acquisition of the Pan Operating Complex [2][3] - The company produced 9,165 ounces of gold in Q4 2025, exceeding its forecast of 8,500-9,000 ounces, and achieved a full-year production of 35,303 ounces, meeting its annual guidance of 30,000-40,000 ounces [3][7] - The all-in sustaining cost (AISC) for Q4 2025 was reported at US$1,604 per ounce, with preliminary cash costs at US$1,549 per ounce [3][7] - The company's unrestricted cash balance increased to US$34 million as of December 31, 2025, positioning it well for future growth [4][7] Production and Financial Performance - The Pan mine produced 9,165 ounces of gold in Q4 2025 and sold 8,492 ounces, with the remaining 673 ounces sold at the beginning of 2026 [3][7] - The company ended the year with a record cash balance of US$34 million, reflecting strong operational performance and cost discipline [3][4] - Full-year gold production of 35,303 ounces was achieved, aligning with the company's annual guidance [3][7] Strategic Positioning - Minera Alamos aims to become a leading intermediate gold producer focused on the Americas by leveraging the Pan mine as a cash flow engine and developing a pipeline of high-quality, low-capital projects [3][11] - The company is positioned to expand its gold resources across its portfolio, which includes several projects in North America [11]
Minera Alamos Completes Share Consolidation
TMX Newsfile· 2026-01-05 12:00
Core Viewpoint - Minera Alamos Inc. has completed a share consolidation at a ratio of ten pre-consolidation shares to one post-consolidation share, effective January 5, 2026, with trading on a post-consolidation basis commencing on the same day [1]. Group 1: Share Consolidation Details - The company now has 108,043,726 common shares issued and outstanding following the consolidation [2]. - All outstanding warrants and incentive stock options have been adjusted, increasing their exercise price by a factor of ten and reducing the number of common shares issued upon exercise by dividing by ten [2]. Group 2: Company Overview - Minera Alamos is a growing North American gold production and development company, owning the Pan Operating Complex, which includes the Pan heap leach gold mine and the Gold Rock project, as well as the Copperstone mine in Arizona [3]. - The company has a portfolio of high-quality assets in Mexico, including the Santana open-pit, heap-leach mine and the Cerro de Oro oxide gold project, which is currently undergoing the permitting process [3]. - Minera Alamos aims to become a leading intermediate gold producer in the Americas by increasing production at its existing operations and developing new projects [3].
Minera Alamos Announces Share Consolidation
TMX Newsfile· 2025-12-30 15:41
Core Viewpoint - Minera Alamos Inc. will consolidate its common shares at a ratio of ten pre-consolidation shares to one post-consolidation share, reducing the number of outstanding shares from approximately 1,080,440,735 to about 108,044,073 [1][2]. Share Consolidation Details - The consolidation is subject to final acceptance by the TSX Venture Exchange and is expected to be completed by the close of business on January 2, 2026, with trading on a post-consolidation basis commencing on January 5, 2026 [2]. - Holders of uncertificated shares will have their accounts electronically adjusted, and no additional actions are required from them [3]. - Registered shareholders with physical share certificates will receive a letter of transmittal to exchange their pre-consolidation shares for post-consolidation shares [4]. Company Overview - Minera Alamos is a North American gold production and development company, owning the Pan Operating Complex, which includes the Pan heap leach gold mine and the Gold Rock project, as well as the Copperstone mine in Arizona [6]. - The company aims to become a leading intermediate gold producer in the Americas by increasing production at its existing operations and developing a pipeline of high-quality, low-capital projects [6].
Minera Alamos Closes C$3,500,000 Private Placement; Darren Blasutti Subscribes for C$1,000,000
Newsfile· 2025-12-09 12:00
Core Viewpoint - Minera Alamos Inc. has successfully closed a private placement offering of C$3,500,000, issuing 8,750,000 Units at a price of C$0.40 per Unit, which includes common shares and purchase warrants [1] Group 1: Private Placement Details - The private placement involved the issuance of 8,750,000 Units, each consisting of one common share and one purchase warrant, with the warrants allowing the purchase of additional shares at C$0.705 for 36 months [1] - Executive Vice President, Corporate Development, Mr. Darren Blasutti, subscribed for 2,500,000 Units, contributing C$1,000,000 to the offering, which raised related party considerations under TSX Venture Exchange Policy 5.9 [2] - No finders fees were paid in connection with the placement, and all issued securities are subject to a hold period of four months and one day [3] Group 2: Financial Obligations and Settlements - The company plans to settle a contractual obligation of C$2,000,000 with an arm's length third party by issuing 4,651,163 shares at a price of C$0.43 per share, pending approval from the TSX Venture Exchange [4] Group 3: Company Overview - Minera Alamos is a North American gold production and development company, owning the Pan Operating Complex, which includes the Pan heap leach gold mine and the Gold Rock project, along with the Copperstone mine in Arizona [5] - The company has a portfolio of high-quality assets in Mexico, including the Santana open-pit mine and the Cerro de Oro oxide gold project, which is currently undergoing the permitting process [5] - The company aims to develop low capital expenditure assets while expanding resources and pursuing strategic acquisitions [5]
Colibri Resource Commences Drilling at EP Gold Project, Sonora, Mexico
Newsfile· 2025-12-08 14:19
Core Insights - Colibri Resource Corporation has commenced drilling at its EP Gold Project, a 4,766-hectare land package located in the Caborca Gold Belt, Sonora, Mexico, marking a new phase of exploration for the company [1][6] Company Overview - Colibri Resource Corporation is a Canadian junior mining company focused on the acquisition, exploration, and development of precious metal properties in Sonora, Mexico, holding a 100% interest in the EP Gold Project and a 49% joint venture interest in the Pilar Gold & Silver Project [7][8] Strategic Positioning - The EP Gold Project is strategically located within and adjacent to the extensive concession holdings of Fresnillo plc, the world's largest primary silver producer and Mexico's leading gold producer, highlighting the geological significance of the region [2][5] Regional Mining Environment - The Caborca Gold Belt is recognized for its robust mineral endowment and has a long history of gold and silver production, supported by well-developed infrastructure and active exploration projects from major companies like Fresnillo plc, Southern Copper Corporation, and Alamos Gold Inc. [4][5] Management Commentary - The commencement of drilling is viewed as a significant catalyst for the company, with management expressing confidence in advancing the EP Gold Project and appreciating the support from shareholders and community partners [6]
Minera Alamos Inc. GAAP EPS of -$0.01 (MAI:CA:TSXV)
Seeking Alpha· 2025-12-01 19:47
Group 1 - The article does not provide any relevant content regarding the company or industry [1]
Star Royalties Reports Q3 2025 Financial Results
Thenewswire· 2025-11-25 12:00
Core Insights - Star Royalties Ltd. reported a significant decrease in revenue for Q3 2025, with revenue of $40,104 compared to $125,450 in Q3 2024, while net loss improved to $(5,429) from $(1,330,714) year-over-year [1][3] Financial Performance - Revenue for Q3 2025 was $40,104, down from $125,450 in Q3 2024 [1] - Net loss for Q3 2025 was $(5,429), an improvement from $(1,330,714) in the same quarter last year [1] - Basic and diluted loss per share remained at $(0.00) compared to $(0.02) in Q3 2024 [1] - Cash flow used in operating activities was $(220,761), slightly higher than $(213,935) in Q3 2024 [1] - Cash flow from investing activities was $334,984, with no cash flow from financing activities reported [1] Mining Portfolio Updates - The Copperstone Gold Project is a key investment, with production expected to restart in late 2026, and anticipated annual gold production exceeding 50,000 oz [6][12] - Keysbrook Mine's revenue decreased due to an intentional operational slowdown, with royalty income of $40,105 compared to $125,450 in the previous year [13] - Elk Gold's sale process is ongoing, with a resolution expected by early 2026, which may impact the valuation of Star Royalties' mining royalty interest [14][17] Strategic Developments - Minera Alamos is focused on the Copperstone project, with permitting expected to be completed by year-end 2025 and a Phase 1 drilling program planned for early 2026 [3][6] - The acquisition of Calibre USA Holdings Ltd. by Minera Alamos is expected to enhance its asset base, potentially allowing for over 175,000 oz of gold production annually [9][10] - Green Star Royalties has sold all issued carbon offsets, with future demand anticipated from long-term agreements with energy producers [5][19]