Meta has reportedly poached some top engineers from tech firms for its artificial general intelligence (AGI) team. [contact-form-7] One engineer who confirmed he is moving to Meta is Jack Rae, a principal researcher at Google DeepMind, Bloomberg reported Wednesday (June 11).
Meta's Mark Zuckerberg is reportedly taking a hands-on approach to expanding the company's AGI team. [contact-form-7] This effort is born out of Zuckerberg's frustration with the tech giant's limitations in artificial intelligence (AI), Bloomberg News reported Tuesday (June 10), citing sources familiar with the matter.
All amounts are in United States dollars, unless otherwise stated. TORONTO, May 29, 2025 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that the Company's Board of Directors has declared a quarterly dividend of US$0.025 per common share.
Alamos produced ~125,000 ounces at $1,805/oz AISC, translating to a dip in production at significantly higher costs in what was a noisy quarter. That said, Alamos has reiterated production guidance, expects a much stronger Q2 and H2 2025 & we should see a material decline in unit costs going forward, back to industry-leading levels. More importantly, reserve/resource growth combined with continued exploration success gives Alamos an enviable pipeline that should be able to support growth to 1.0 million ounces of gold per year.
Alamos Gold Inc. (NYSE:AGI ) Q1 2025 Earnings Conference Call May 1, 2025 11:00 AM ET Company Participants Scott Parsons - Senior Vice President, Corporate Development and Investor Relations John McCluskey - President & CEO Greg Fisher - CFO Luc Guimond - COO Scott R.G. Parsons - Vice President, Exploration Conference Call Participants Cosmos Chiu - CIBC Michael Siperco - RBC Capital Markets Ovais Habib - Scotiabank Carey MacRury - Canaccord Genuity Don DeMarco - National Bank Financial Operator Good morning.
All amounts are in United States dollars, unless otherwise stated. TORONTO, April 30, 2025 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported its financial results for the quarter ended March 31, 2025.
Alamos Gold's Q1 performance is likely to have benefited from increased gold sales and prices, somewhat offset by higher costs.
Vancouver, British Columbia--(Newsfile Corp. - April 23, 2025) - Dryden Gold Corp. (TSXV: DRY) (OTCQB: DRYGF) ("Dryden Gold" or the "Company") announces that, further to the investor rights agreement dated December 17, 2024, (the "Centerra IRA") between the Company and Centerra Gold Inc. (TSX: CG) (NYSE: CGAU) ("Centerra"), Centerra has issued to the Company notice of their intention to exercise their 'top-up right' as it relates to certain share issuances completed by the Company through March 31, 2025. The share issuances were related to warrant exercises, certain option payments and the Company's final property payment to Alamos Gold Inc (NYSE: AGI) (see press release dated March 18, 2025).
All amounts are in United States dollars, unless otherwise stated. TORONTO, April 03, 2025 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) announced today that it has entered into a binding agreement to sell its non-core Quartz Mountain Gold Project (“Quartz Mountain”) located in Lake County, Oregon to Q-Gold Resources Ltd.
All amounts are in United States dollars, unless otherwise stated. TORONTO, March 31, 2025 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that it has filed its annual information form and 2024 annual report on Form 40-F, including its audited financial statements for the year ended December 31, 2024, with the SEC on EDGAR as well as the Canadian securities authorities on SEDAR+.
Vancouver, British Columbia--(Newsfile Corp. - March 18, 2025) - Dryden Gold Corp. (TSXV: DRY) ("Dryden Gold" or the "Company") is pleased to announce that it has notified Alamos Gold Inc. ("Alamos") (NYSE: AGI) that the Company has fulfilled its remaining obligations under the Option Agreement, dated April 20, 2022, between Dryden Gold and Manitou Gold Inc., a wholly owned subsidiary of Alamos. (the "Option Agreement").
Google DeepMind CEO Demis Hassabis said he thinks artificial general intelligence, or AGI, will emerge in the next five or 10 years. AGI broadly relates to AI that is as smart or smarter than humans.