Alamos eyes record FY production

Canada-based intermediate gold miner Alamos is on pace for a record year, both operationally and financially, CEO John McCluskey said on Wednesday, announcing that the company is increasing its full-year production guidance by 5%. The TSX- and NYSE-listed miner is now forecasting production of 515 000 oz to 530 000 oz. “With total cash costs and all-in sustaining costs below the mid-point of guidance in the quarter and year-to-date, we are also on track to achieve full year cost guidance,” he said.