There’s nothing worse as an operator than going through a quarter relatively well – executing on the production plan, boosting revenue, posting record free cash flow. Only for it all to seemingly be for naught, when post quarter end you have to cut guidance following a seismic event.
It’s a story that Alamos Gold (TSX: AGI) knows all to well, after being forced to cut 2025 guidance due to an event at their Island Gold mine that occurred on October 17. Which has delayed access to higher grade stopes and as a result impacted near term production forecasts.
Lets dive in.
Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
Mexico: The World’s Leading Silver Producer
There is a saying in the mining industry that miners go where the minerals are....