Alamos Gold reported third-quarter net earnings of $165.6 million, or $0.40 per share, and adjusted net earnings of $184.0 million, or $0.44 per share. The company produced 119,000 ounces of gold, meeting quarterly guidance despite lower output at Young-Davidson being offset by record production from the Island Gold District. Operating revenues rose 10% to $510.4 million on higher realized gold prices averaging $4,258 per ounce. All-in sustaining costs increased to $1,956 per ounce due to lower grades and volumes at Young-Davidson and higher capital spending at Island Gold. The company generated $75.6 million in ongoing free cash flow and returned $22.3 million to shareholders through dividends and share repurchases. Alamos is an intermediate gold producer operating mines in Canada and Mexico.
