Alamos Gold Provides Operational Update Across Canadian Operations

Alamos Gold revised its Q2 production guidance downward to 130,000-135,000 ounces (12% decrease) due to seismic events and power outages at Young-Davidson mine, which damaged infrastructure and limited access to higher-grade stopes. The company expects consolidated 2026 production below guidance and costs above guidance. However, Island Gold District continues to perform well with record underground mining rates and improved mill throughput, expected to drive significant production growth in H2 2026.