Alamos Gold (AGI) - 2025 Q2 - Earnings Call Presentation

Financial Performance - Alamos Gold's Q2 2025 gold production was 137200 ounces, a 10% increase QoQ[8] - The company reported strong free cash flow of $85 million in Q2 2025[7], but a decrease of 21% compared to $107 million in Q2 2024[12] - Adjusted net earnings per share increased to $034 in Q2 2025, a 42% increase compared to $024 in Q2 2024[30] - Cash flow from operations before changes in working capital increased 22% to $233 million in Q2 2025, compared to $191 million in Q2 2024[12] Cost and Production Guidance - The company revised its full-year all-in sustaining costs (AISC) guidance to $1400-$1450 per ounce[12], an approximately 12% increase from the previous guidance of $1250-$1300 per ounce[37] - Total cash costs per ounce of gold sold increased 30% to $1075 in Q2 2025, compared to $830 in Q2 2024[12] - The company maintains its full-year gold production guidance at 580000-630000 ounces[12] Island Gold District - Island Gold District's average production is expected to be 411000 ounces with mine-site AISC of $915/oz over the first 12 years at 2400 tpd[15] - Island Gold mine-site free cash flow was $52 million in Q2 2025[41] - The company expects to complete the Island Gold Phase 3+ Expansion in H2 2026, with 79% of total Phase 3+ growth capital spent and committed to date[59, 60] Young-Davidson Mine - Young-Davidson mine-site free cash flow was $59 million in Q2 2025[68] - The company expects mining rates to increase in Q3 and further increase to 8000 tpd in Q4[68] Mulatos District - Mulatos District achieved a significant milestone producing its three millionth ounce of gold in Q2[74] - Mulatos District mine-site free cash flow was $55 million in Q2 2025[69]