Currently viewing Global edition

Alamos seen cash positive on bullion price gain

Toronto-listed Alamos Gold is expected to stay cash positive because of gains in the bullion price despite funding its Island Phase 3 mine expansion and increased exploration.

Alamos seen cash positive on bullion price gain Alamos seen cash positive on bullion price gain Alamos seen cash positive on bullion price gain Alamos seen cash positive on bullion price gain Alamos seen cash positive on bullion price gain

Alamos seen boosted by gold price

Gold has hit over $1,900 oz, supported by a bullish combination of weaker US dollar, recession fears and central bank buying.