Alamos Gold founder says “best days still lie ahead” after 20th anniversary
–News Direct–
Alamos Gold Inc (TSX:AGI, NYSE:AGI) President and CEO John McCluskey visits the Proactive London studio to speak with Thomas Warner on the occasion of the gold producer's twentieth anniversary.
McCluskey gives an overview of how the business transformed itself from what he describes as a small Canadian penny stock to being a significant north American gold producer, starting with the securing of an option to purchase a major asset when gold was priced around $300 an ounce.
Today, with gold at approximately $1,850 an ounce, the company boasts a production of over 2.5 million ounces of gold, generating nearly half a billion dollars in profit. Key acquisitions, such as the Young-Davidson and the Island Gold mines, have significantly bolstered the company's portf...
