Suncor Energy: Alamos Gold Inc.

Alamos Gold Inc. - AGI.t operates the Young-Davidson Mine in Canada, the Mulatos Mine and El Chanate mines both in Mexico.

The company expects 2016 production to be between 370,000 - 400,000 oz Au at all in AISC sustaining costs of $975

On March 24, 2016 the company reported NEWS

"Alamos Gold Inc. (TSX:AGI)(NYSE:AGI) ("Alamos" or the "Company") today reported its updated mineral reserves and resources as of December 31, 2015. For a detailed summary of mineral reserves and resources by project, refer to the tables below.
Highlights

Increased combined mineral reserves and resources at Cerro Pelon and La Yaqui by 145%, or 321,000 ounces of gold, to a total of 542,000 ounces. This included a 21% increase in mineral reserves at Cerro Pelon and an 11% increase at La Yaqui to 259,000 ounces through an initial 2015 exploration program. A further 47,000 ounces of Measured and Indicated mineral resources were added at Cerro Pelon and 232,000 ounces of Inferred mineral resources were added at La Yaqui
Replaced Proven and Probable mineral reserves at Young-Davidson marking the fifth consecutive year of mineral reserve replacement
Global Proven and Probable mineral reserves total 5.88 million ounces of gold implying a remaining reserve life of 15 years at Young-Davidson and six years at Mulatos
Measured and Indicated mineral resources increased 20% to 10.92 million ounces of gold. This was driven by a 1.97 million ounce increase at Lynn Lake reflecting the consolidation of 100% ownership of the project
Reported a 30% decrease in the life of mine waste-to-ore ratio at Mulatos to 0.7:1 down from 1.0:1 at the end of 2014
Ongoing exploration at Cerro Pelon and La Yaqui continues to demonstrate strong potential for further mineral reserve and resource growth at both deposits