Loading ...TORONTO, June 18, 2026 (GLOBE NEWSWIRE) — Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today provided operational updates at its Young-Davidson and Island Gold District operations, as well as revised its second quarter production and cost guidance.
All amounts are in United States dollars, unless otherwise stated.
Young-Davidson operational update
Production from Young-Davidson in the second quarter has been impacted by recent events. Last week, the operation experienced two seismic events, with one occurring at an active mining front. No injuries were sustained; however, infrastructure was damaged limiting access to two higher grade stopes that were scheduled to be mined during the second quarter. The mining sequence is consistently reviewed and monitored to manage seismicity, and based on these recent events, the Company expects mining rates to average approximately 5,000 tonnes per day (“tpd”) for the remainder of the year. The Company will be optimizing the mining sequence and implementing additional ground support measures through the second half of the year, which is expected to support higher mining rates beyond 2026. A further update on the near-term outlook for Young-Davidson will be provided with the release of second quarter financial results in late July.