PRECIOUS METALS

Debt down, dividends up for Alamos as cash flow increases

Alamos Gold aims to pay down its debt and increase dividends as free cash flow begins to increase in the fourth quarter, president and CEO John McCluskey told delegates at the 2020 Americas Gold Forum.

 Young Davidson in Ontario, Canada

Young Davidson in Ontario, Canada

"Our capital allocation will be about one-third to invest in mines, one-third to improve balance sheet and one-third to dividends and share buy backs. We have paid a dividend for 11 years and it has tripled...

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