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Alamos Gold Inc. has authorized a buyback plan, boosting its shares by 1.7% to $5.63. The miner's stock has surged 17% this year, outperforming the S&P/TSX Global Mining Index's 3.6% gain. The company's buyback plan is expected to run until March 2024, with a maximum of 10% of its outstanding shares eligible for repurchase.

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