PRECIOUS METALS

Alamos output to surge in 2021 guidance

Alamos Gold says it will produce 17% more gold in 2021 than in 2020. The company has provided 2021 production guidance of 470,000-510,000 ounces with higher output at Young-Davidson in Ontario, Canada, following the completion of a mine expansion in July.

 Alamos Gold's Young-Davidson mine in Ontario, Canada

Alamos Gold's Young-Davidson mine in Ontario, Canada

The company expects its all-in sustaining cost to remain in the US$1,025-1,075/oz range despite lower cash costs as these will be offset by higher sustaining capital at its Mulatos operation in Mexico....

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