March 15, 2011 / 10:43 AM / 7 years ago

UPDATE 1-Alamos Gold reports flat Q4 profit, higher expenses

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March 15 (Reuters) - Canada’s Alamos Gold Inc reported flat quarterly profit because it sold fewer ounces of gold, and said expenses rose.

The Mexico-based gold miner’s October-December profit was$20.1 million, or 17 cents a share, compared with $20.1 million, or 18 cents a share, a year earlier.

Revenue rose nearly 16 percent to $60.8 million.

The company said in January that production at its Mulatos mine fell by 13 percent to 156,000 ounces compared with last year. (Reporting by Amruta Sabnis. Editing by Robert MacMillan)

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