Gold remains a precious and high-value natural resource that occupies an important place in human society and culture. Gold is in high demand in several industries and has many practical uses. Dentistry, jewelry production, and aerospace operations are three key industries where gold is used for various purposes.
There are several mining organizations whose resources and expertise go into discovering and mining gold to satisfy global demand. Alamos Gold is one of the mining sector’s most prominent companies and is an industry leader in many ways. Below are some insights into why Alamos Gold is a cut above their competitors.
Prioritizes Diversity and Inclusivity
Alamos Gold President and CEO, Mr. John A. McCluskey, maintains that good miners and good people are the foundation of its growth. Alamos highlights the importance of their miners and other workers to their team, stressing the integrity, willingness to learn, and technical expertise that employees bring to the table. They believe that creating a diverse and inclusive workforce makes them a stronger company, so they continually seek various professionals with the necessary passion for the mining industry.
Alamos Gold guarantees that by joining their global workforce of 1,700 employees, you’ll be an integral part of a team that strives for high standards and embraces diversity. Also, Alamos is one of the few mining companies that celebrates women in mining, as evidenced by their recently launched publication celebrating its female workers. Finally, Alamos supports their workers and their careers by offering rewarding roles, emphasizing the recognition of potential and opportunities for further development. What’s more, the company also provides best-in-class remuneration and benefits packages to its diverse workforce.
Unparalleled Commitment to Sustainability
Alamos CEO John A. McCluskey highlights their commitment to holding themselves accountable to the highest governance, social, and environmental standards wherever they operate worldwide. Their commitment to social and ecological responsibility helps them create lasting legacies that benefit all stakeholders. Alamos’ sustainability standards encompass health and safety excellence, top-notch community engagement, environmental management, security, and human rights practices. As such, they prioritize environmental stewardship, evident by their pre-payment for various afforestation projects to mitigate any adverse effects their mining activities have on the environment.
Alamos Gold also maintains that cyanide use on developmental stage projects like the Kirazli project doesn’t affect the surroundings. The company also has a strong passion for social responsibility, spearheading various developmental projects in their mining sites’ local communities. In 2015, their former El Chanate mine won the “Best Practices in Social Responsibility” Award by the Mexican Center for Philanthropy. Alamos has also been recognized for obtaining industry-leading environmental, social, and corporate governance (ESG) ratings.
Diversified Operations Worldwide
Although Alamos is a Toronto-based intermediate gold producer, it has diversified its production from three mine sites across North America to sites in Turkey and Mexico. Their Young-Davidson and Island Gold Mines are located in Northern Ontario, while Sonora State, Mexico, is home to their Mulatos mine. In 2019, these three mines produced a combined total of 480,400 ounces of gold. Their Young-Davidson site mines at a reported rate of 7,500 tonnes per day, while their Island Gold Mine produces approximately 1,200 tonnes daily.
Furthermore, Alamos Gold oversees many developmental stage projects globally besides these three primary operating mines. They own the Esperanza Gold Project in Mexico and the Quartz Mountain Property in the United States. Alamos Gold Inc. also owns the Kirazli, Çamyurt, and Ağı Dağ projects located in the Biga District of western Turkey.
In conclusion, several mining companies, including Alamos Gold Inc., are actively involved in gold extraction to meet global demand. The above-listed points are insights into why Alamos Gold is a leading company in today’s gold mining industry.