Canada-based Alamos Gold has achieved record cash flow from operations in the second quarter of 2025 thanks to stronger production and lower costs.
In the reporting period, it produced 137,200 ounces of gold, which is 10% higher quarter on quarter. With further increases expected in the third and fourth quarter, the company remains on track to achieve full year production guidance.
At the same time, Alamos reported a decrease in all-in sustaining costs (AISC) of 18% to $1,475 per ounce. The average realized price amounted to $3,223 per ounce, generating record quarterly revenue of $438.2 million. Cash flow from operations rose 151% from the first quarter to $199.5 million.
This contributed to a substantial increase in free cash flow to $85 million as the company continues to reinvest in growth driven by a combination of higher grades and milling rates.
“We expect further production growth into the second half of the year driven by a combination of higher grades and milling rates, and remain on track to achieve full year production guidance,” said Alamos president and CEO John McCluskey.
“This is not reflective of our long-term outlook with costs expected to continue to improve into the second half of the year, and a more substantial decrease expected over the next several years.”
Theodor Lisovoy, Managing Editor, Rough&Polished
