May 13, 2020 / 07:20PM GMT
John A. McCluskey - Alamos Gold Inc. - President, CEO & Director
Good afternoon, everyone, and thank you for joining the Alamos Gold presentation and fireside chat. I'm just going to go over a few slides with you briefly and then open the session to Q&A.
I'd like to direct your attention to Slide 3, which is just past the opening page and the cautionary notes. So Alamos Gold has grown significantly over the years into a diversified intermediate gold producer. To put that in context, in 2014, we produced 140,000 ounces of gold from the Mulatos mine. By 2019, we produced 500,000 ounces of gold from 3 North American mines. On top of that, we've built up a strong pipeline of growth projects in an industry that, by and large, is facing declining rates of production. At the same time, costs are decreasing, driven by expansions or improvements at our existing operations and low-cost production growth, combined with the rising gold price, we've had a record year financially in 2019.
Something that has not changed over the years is that we've continued to have a strong balance sheet with
Alamos Gold Inc at Bank of America Merrill Lynch Global Metals, Mining and Steel Conference (Virtual) Transcript
Feb 09, 2024
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