Alamos returns to Q1 profit

Canadian midtier gold miner Alamos Gold on Thursday said it had swung back to a first-quarter profit of $9.7-million, or $0.04 a share, compared with a net loss of $35.3-million, or $0.28 a share, in the same period in 2015. Gold sales rose to 90 989 oz, up from 89 651 oz, resulting in revenue growth for the period to $104.3-million, up from $64.6-million in the comparable period ended March 31 a year earlier.