Alamos Gold Inc. (
TSX:AGI;
NYSE:AGI) (“Alamos” or the “Company”) is pleased to
announce the release of its inaugural Climate Change Report. This
is a significant milestone in Alamos’ sustainability journey and
follows a previous statement in mid-2022 announcing Alamos’ target
of a 30% reduction in absolute Greenhouse Gas (GHG) emissions by
2030.
This report achieves a number of objectives, including providing
an overview of Alamos’ corporate governance around climate-related
risks and opportunities; outlining the Company’s processes to
identify, assess and manage climate-related risks; alignment to
Task Force on Climate-related Financial Disclosure recommendations;
and further details on Alamos’ 30% absolute GHG Emission Reduction
Target by 2030.
John McCluskey, President and CEO of Alamos commented: “Alamos
has emerged as an industry leader with among the lowest GHG
emission intensity per ounce of gold produced, placing well below
our peer and senior producer average. In this Climate Change
Report, you will read about initiatives underway at all three
operations, including our Phase 3+ expansion at Island Gold which
is expected to drive a 35% reduction in our GHG emissions over the
life of the mine.”
Alamos is already an industry leader in GHG emission intensity
with an average of 0.38 tCO2e per ounce of gold produced across its
three operating mines (base year 2020/2021), which is 43% lower
than the mining industry average of 0.67 tCO2e per ounce of gold.
Part of this success includes Young-Davidson’s 37% reduction of
emission intensity in 2021 over the year prior, reflecting a
reduced reliance on diesel consumption at the mine through the
installation of electric conveyance systems.
Alamos is implementing a plan to achieve a 30% reduction in
absolute GHG emissions, with a focus on six key projects across the
Company. The first completed project involves fuel switching to
convert the use of propane to compressed natural gas at
Young-Davidson. Propane has historically been used at site for
heating of buildings and underground air for the mine during the
winter months. The conversion to compressed natural gas will be
beneficial from a cost perspective, as well as a greenhouse gas
reduction.
Alamos’ Climate Change Report can be found on our Company
website in the Sustainability section here at
www.alamosgold.com
About Alamos
Alamos is a Canadian-based intermediate gold producer with
diversified production from three operating mines in North America.
This includes the Young-Davidson and Island Gold mines in northern
Ontario, Canada and the Mulatos mine in Sonora State, Mexico.
Additionally, the Company has a strong portfolio of growth
projects, including the Phase 3+ Expansion at Island Gold, and the
Lynn Lake project in Manitoba, Canada. Alamos employs more than
1,900 people and is committed to the highest standards of
sustainable development. The Company’s shares are traded on the TSX
and NYSE under the symbol “AGI”.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Scott K. Parsons Senior Vice President,
Investor Relations(416) 368-9932 x 5439
All amounts are in United States dollars, unless otherwise
stated.
The TSX and NYSE have not reviewed and do not accept
responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward Looking
Statements
This press release contains or incorporates by
reference “forward-looking statements” and “forward-looking
information” as defined under applicable Canadian and U.S.
securities legislation. All statements, other than statements of
historical fact, which address events, results, outcomes or
developments that the Company expects to occur are, or may be
deemed, to be, forward-looking statements. Forward-looking
statements are generally, but not always, identified by the use of
forward-looking terminology such as "expect", "anticipate",
"intend", "estimate", “potential”, “target”, “plan” or variations
of such words and phrases and similar expressions or statements
that certain actions, events or results “may”, “could”, “would”,
“might” or “will” be taken, occur or be achieved or the negative
connotation of such terms.
Such statements in this press release include,
without limitation: information as to strategy, plans or future
performance such as: the Company’s target reduction in absolute
greenhouse gas (GHG) emissions and intensity, project plans to meet
such targets and the expected timing of meeting such targets; the
Company’s corporate governance around climate-related risks and
opportunities; the Company’s processes to identify, assess and
manage climate-related risks; the Company’s initiatives that are
planned and/or underway, including but not limited to the Phase 3+
expansion at the Island Gold mine and the expectation that it will
drive a 35% reduction in GHG emissions over the life of the mine;
statements pertaining to the expected cost benefits stemming from
the conversion to compressed natural gas at the Young-Davidson
mine; as well as any other statements that express the Company’s
expectations, plans or estimates of future performance.
Forward-looking statements are also found in the
Climate Change Report that is the subject of this press release and
reference should be had to the cautionary notes contained therein
with respect to such forward-looking statements.
Alamos cautions that forward-looking statements
are necessarily based upon a number of factors and assumptions
that, while considered reasonable by the Company at the time of
making such statements, are inherently subject to significant
business, economic, technical, legal, political and competitive
uncertainties and contingencies. Known and unknown factors could
cause actual results to differ materially from those projected in
the forward-looking statements in this press release and undue
reliance should not be placed on such statements and
information.
Such factors may include (without limitation):
damage to the Company’s reputation due to the actual or perceived
occurrence of any number of events, including negative publicity
with respect to the Company’s handling of environmental matters or
dealings with community groups, whether true or not; changes in
national and local government legislation, taxation, controls or
regulations and/or changes in the administration of laws;
expropriation or nationalization of property and political or
economic developments in Canada, the United States, Mexico, Türkiye
and other jurisdictions in which the Company does or may carry on
business in the future; contests over title to properties;
increased costs and physical transition risks related to climate
change and the potential impacts of climate change, including
extreme weather events, resource shortages, emerging policies and
increased regulations relating to greenhouse gas emission levels,
energy efficiency and reporting of risks; the Company’s ability to
achieve its climate-related goals and greenhouse gas emissions
reduction targets; failure to comply with environmental and health
and safety laws and regulations; risk of loss due to acts of war,
terrorism, sabotage, protests and other civil disturbances;
fluctuations in the price of gold or certain other commodities such
as, diesel fuel, natural gas, and electricity; changes in foreign
exchange rates (particularly the Canadian Dollar, Mexican Peso,
U.S. Dollar and Turkish Lira); the impact of inflation; changes in
the Company's credit rating; any decision to declare a quarterly
dividend; employee and community relations; litigation and
administrative proceedings; disruptions affecting operations;
availability of and increased costs associated with mining inputs
and labour; the risk that the Company’s mines may not perform as
planned; uncertainty with the Company’s ability to secure
additional capital to execute its business plans; the speculative
nature of mineral exploration and development, including the risks
of obtaining and maintaining necessary licenses and permits,
including the necessary licenses, permits, authorizations and/or
approvals from the appropriate regulatory authorities for the
Company’s development stage and operating assets; labour and
contractor availability (and being able to secure the same on
favourable terms); changes to current estimates of mineral reserves
and resources; changes to production estimates (which assume
accuracy of projected ore grade, mining rates, recovery timing and
recovery rate estimates which may be impacted by unscheduled
maintenance, weather issues, labour and contractor availability and
other operating or technical difficulties); operations may be
exposed to new diseases, epidemics and pandemics, including any
ongoing and/or potential further effects of COVID-19; the impact of
COVID-19 or any other new illness, epidemic or pandemic on the
broader market and the trading price of the Company's shares;
government orders or mandates (including with respect to mining
operations generally or auxiliary businesses or services required
for the Company’s operations) in Canada, Mexico, the United States
and Türkiye; the duration of any ongoing or new regulatory
responses to COVID-19 or any other new illness, epidemic or
pandemic; government and the Company’s attempts to reduce the
spread of illness, epidemic or pandemic which may affect many
aspects of the Company's operations including the ability to
transport personnel to and from site, contractor and supply
availability and the ability to sell or deliver gold doré bars;
inherent risks and hazards associated with mining and mineral
processing including environmental hazards, seismic activity,
industrial hazards, industrial accidents, unusual or unexpected
formations, pressures and cave-ins; disruptions in the maintenance
or provision of required infrastructure and information technology
systems; the impact of global liquidity and credit availability and
the values of assets and liabilities based on projected future cash
flows; risks arising from holding derivative instruments; and
business opportunities that may be pursued by the Company. For a
more detailed discussion of such risks and other factors that may
affect the Company’s ability to achieve the expectations set forth
in the forward-looking statements contained in this press release,
see the Company's latest 40-F/Annual Information Form and
Management’s Discussion and Analysis, each under the heading “Risk
Factors”, which is available on the SEDAR website at www.sedar.com
or on EDGAR at www.sec.gov. The foregoing should be reviewed in
conjunction with the information, risk factors and assumptions
found in this press release.
The Company disclaims any intention or
obligation to update or revise any forward-looking statements
whether as a result of new information, future events or otherwise,
except as required by applicable law.
Alamos Gold (TSX:AGI)
過去 株価チャート
から 4 2024 まで 5 2024
Alamos Gold (TSX:AGI)
過去 株価チャート
から 5 2023 まで 5 2024