- Alamos Gold reported today that the company produced 460,400 ounces of gold in 2022 , achieving the mid-point of annual guidance.
Alamos added that 2022 total cash costs of $884 per ounce , AISC of $1,204 per ounce , and cost of sales of $1,334 per ounce were in line with annual guidance. Production is expected to increase 9% in 2023 at declining costs, with a 17% decrease in AISC expected by 2025. This is expected to drive strong free cash flow over the next three years while continuing to fund the Phase 3+ Expansion, it said.
Additionally, the company said that Measured and Indicated Mineral Resources increased 14% to 3.9 million ounces and Inferred Mineral Resources increased 2% to 7.1 million ounces.
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Gold royalty company Sandstorm announces record 2022 results, including record net income of $79MA roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
Läs mer »