- Alamos Gold targets roughly 1 million ounces of annual gold production by 2030, up from just over 500,000 ounces currently, driven by Island Gold District expansions and the Lynn Lake and PDA projects.
- The company projects all-in sustaining costs falling from $1,825/oz in 2025 to about $1,250/oz by 2028.
- Alamos projects free cash flow above $1.5 billion annually by 2030 at current gold prices.
- Alamos now expects 2026 gold production of 510,000-560,000 oz, down from the prior 570,000-650,000 oz range.
- Alamos raised 2026 all-in sustaining cost guidance to $1,775-1,875/oz, citing lower production and added rehabilitation work at Young-Davidson.
- A seismic event at Young-Davidson in June 2025 reduced mining rates, and management expects operational improvements into 2027.
Quotes
“aims to double its annual gold production to approximately 1 million ounces by 2030”
“The company projects free cash flow to exceed $1.5 billion annually by 2030 at current gold prices”