The Canadian miner reported total preliminary gold output of 1.20 million ounces in the quarter ended Dec. 31, from 1.09 million ounces a quarter ago.

Alamos Gold may be considered an intermediate company, but it has shown itself to be a growing player in the precious metals sector, delivering consistent positive results.

The prospects of more hawkish monetary policy and the sooner start of a tightening cycle should be negative for the yellow metal, but gold didn’t care too much about a more aggressive Fed.

In recent years, both A'i Cofan and Waorani communities have won lawsuits in local courts to suspend mining and oil exploitation in their territories.

Currently two surface and three underground diamond drills are turning in both the East and West ramp areas.

The front-runner for the asset is Australia’s Silver Lake Resources.

Wheaton will provide a total of $180.5 million under terms of a metals streaming deal, and Trafigura will provide $55 million under terms of an offtake financing agreement.