Alamos has enhanced long-term outlook of its mines

The second-quarter of 2020 will be remembered as the “most challenging”, but dual-listed miner Alamos Gold CEO John McCluskey says the miner has adapted well and that its mines are back in operation.

Operations at Island Gold, in Ontario, and Mulatos, in Mexico, were temporary suspended, but by June, both had returned to normal operating levels, he said, announcing the miner’s second-quarter results.

Alamos produced 78 4000 oz, impacted by downtime at the Northgate shaft at Young-Davidson, Ontario, as well as the suspension of operations at Island Gold and Mulatos. Its all-in sustaining cost (AISC) for the quarter was $1 276/oz.