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Alamos Gold Provides Updated Three-year Production And Operating Guidance

Benzinga ·  05:11

Gold production in 2024 is expected to range between 550,000 and 590,000 ounces, a 13% increase from the guidance provided in January 2024 (based on mid-point). The increase is driven by the incorporation of the Magino mine, as well as increased guidance from the Mulatos District.

Production guidance for 2025 has increased 22% relative to previous guidance reflecting a full year of production from Magino, at higher milling rates.

Production guidance for 2026 has increased 21% to between 630,000 and 680,000 ounces. This represents a 30% increase from previous guidance for 2024 reflecting the inclusion of Magino, as well as the completion of the Phase 3+ Expansion at Island Gold.

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