Sustainability

We embrace the principles of sustainable development in all aspects of our business. Sustainability for us encompasses excellence in health and safety, environmental management, community engagement, security and human rights. We believe that excellence in sustainability helps ensure net benefit to all stakeholders, including helping local residents and host governments build communities that will have brighter futures beyond our presence.

Our company-wide commitment to social responsibility and environmental stewardship enables us to maintain our social license across a broad range of stakeholders. We remain committed to building, operating, closing and rehabilitating mines in a manner that supports our sustainability vision and promotes the Company’s core values.

We will continue to advance our sustainability performance, facilitate meaningful engagement with our host communities, and support development initiatives that provide long-lasting benefits beyond the life of our mines.

Message from
our CEO

John A. McCluskey

Wherever Alamos operates in the world, we hold ourselves accountable to the highest environmental, social and governance standards.

Our commitment to acting responsibly – and to upholding our core values of safety, teamwork, environmental sustainability, commitment and integrity – allows us to create a lasting legacy that benefits all Alamos stakeholders.

At Alamos, we believe:

  • in creating a safe workplace, so that all who work for us return Home Safe Every Day
  • in helping our employees thrive in their careers through training and teamwork, and by valuing equality and diversity in the workplace
  • in helping local residents and host governments build communities that will have brighter futures beyond our presence, and by building long-term and respectful relationships with community stakeholders and
  • in preserving the long-term health and viability of the natural environments that surround our operations and projects, and by continually seeking to reduce our environmental footprint.

Our vision is to create shared value for all stakeholders. Our priority is to maintain our commitment to operational excellence, social responsibility and environmental stewardship. It is what our employees, host communities and stakeholders have come to expect from Alamos Gold.

Sincerely,

CEO Signature

John A. McCluskey, President and Chief Executive Officer



As a member of the World Gold Council, Alamos is a proud supporter of the Responsible Gold Mining Principles. The ten Principles provide a framework that sets clear expectations for consumers, investors, and the downstream gold supply chain as to what constitutes responsible gold mining, addressing key environmental, social and governance issues for the gold mining sector. They are designed to provide confidence to governments, investors, employees and contractors, communities, supply chain partners and civil society that gold has been produced responsibly. Following the release of the Principles in September 2019, Alamos has been implementing the framework and receives annual independent assurance over its ongoing conformance to the Principles. We do this to provide further confidence that the gold we produce is responsibly mined. Copies of our annual Responsible Gold Mining Principles Reports (RGMP Reports) are available here.

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Ethical conduct
Understanding our impacts
Supply Chain
Safety & Health
Human right & Conflict
Labour rights
Working with communities
Environmental stewardship
Biodiversity, land use & mine closure
Water, energy and climate change
World Gold Council
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Health & Safety
Snapshot

“We strive to maintain a safe, healthy working environment for all, within a strong safety culture in which everyone is continually reminded of the importance of keeping themselves and their colleagues healthy and injury-free.”

Annual recordable injury rate

per 200,000 hours worked

Chart 3

Quarterly Recordable Injury Rate

per 200,000 hours worked

Chart 2

Annual lost time injury rate

per 200,000 hours worked

Chart 3

Quarterly Lost Time Injury Rate

per 200,000 hours worked

Chart 1

Injury statistics include employee and contractor incidents at Alamos Gold operations and projects.
Recordable injuries include medical treatment, restricted work, lost time and fatal incidents.
The classification of medical treatment injuries was updated effective 1 January 2020 to align with OSHA standards.

Awards & Achievements

2022 and 2023 Silver Helmet Award – The Mining Chamber of Mexico (CAMIMEX) presented the Mulatos Mine with the country’s most prestigious distinction for health and safety excellence – the Silver Helmet Award. The award recognizes companies with superior health and safety management systems and performance.

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2022 Community Investment
Snapshot

“We believe that excellence in sustainability helps ensure net benefit to all stakeholders, including helping local residents and host governments build communities that will have brighter futures beyond our presence.”

Alamos community

$1.77 million

in community and voluntary contributions including:

$975 thousand

in community investment and charitable giving

$795 thousand

in community and social infrastructure

$183.65 million

in employee wages and benefits

$718.89 million

spent on goods and services, including $298 million on local suppliers

In-Cash

Some areas to which we commonly provide in-cash funding are infrastructure (housing, schools, health centers, and recreation facilities), cultural activities (traditional ceremonies, parades, sports, arts-based events, and festivals), and education (scholarships, uniforms, laptops/tablets). In 2022 we contributed $1.8 million in-cash to local community initiatives.

In-Kind

Alamos also makes in-kind contributions to support the economic resilience and self-sufficiency of our local communities. Some examples of in-kind contributions made in 2022 include:

  • the donation of an ambulance to the Municipality of Sahuaripa in Mexico, to bolster their emergency care services for years to come;
  • the provisioning of canoe and cross-country ski programs for Marcel Colomb First Nation and the greater Lynn Lake community, to support the community’s connection to traditional practices;
  • a partnership with the Monterrey Institute of Technology and Higher Education to bring an online high school system (Prep@net) to the residents of Matarachi, wherein Alamos contributed scholarships, computers, furniture, and internet access;
  • the installation of water treatment equipment and pipe networks in Matarachi, to increase household freshwater access toward a goal of 100 litres per person per day in alignment with the United Nations Sustainable Development Goals (UN SDGs);
  • the hosting of an educational career day at the Island Gold Mine in partnership with the Outland Youth Employment Program, for Indigenous youth to learn about opportunities in the mining sector; and
  • the delivery of school supplies, backpacks and school shoes to the communities of Matarachi, El Trigo, Güisamopa and Yécora.

Pro-Bono

The investment of time, through pro bono engagements and participation in community-led events, is also an effective way to build and maintain positive relationships with our local communities. This year, Alamos staff participated in community fundraising events, open houses, showcases, clothing drives, town clean-ups, parades, cultural ceremonies, site tours and more.

Local Procurement

While direct community investment is an important element of maintaining our relationships with communities and corporate citizenship, perhaps the most significant way Alamos provides value to local communities is through the goods and services we purchase as part of building and operating our mines.We prioritise the hiring and contracting of local vendors to ensure the maximum amount of investment is made within local communities. In areas where it is not possible to procure goods and services from local suppliers, we seek to work with vendors to train and upskill them in order to improve their capacity for working with us.

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2022 Environmental
Snapshot

“Environmental sustainability is a core Alamos value. Our objective is to minimize the environmental impacts of our operations, and to make paramount the return of our properties to thriving, healthy ecosystems.”

3.77 million

gigajoules (GJ) of direct and indirect energy consumption

100%

Of operations with mine closure and reclamation plans

177,708 tCO2e

direct and indirect greenhouse gas emissions

7.78 GJ/oz

gold production energy intensity

6%

reduction in total Scope 1 and 2 greenhouse gas emissions

0.39 tCO2e/oz

gold production emission intensity

3.45 million m3

of water use (consumed and recycled)

37%

of water recycled and reused

Policies
& Standards

Alamos maintains the highest standards of corporate governance to ensure that our corporate decision-making incorporates our core values, including our commitment to sustainable development.

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Sustainability Reports

The Alamos ESG Report is an annual publication outlining the Company’s performance across our operating mines and development projects. The report is published voluntarily by Alamos and includes sustainability performance data and metrics collected on an annual basis and prepared using the Global Reporting Initiative’s GRI Standards and the Sustainability Accounting Standards Board’s Metals & Mining Standard.

    ESG Summary Tables and Interactive Database

    Alamos ESG Summary Tables provide an overview of Alamos Gold’s environmental, social and governance (ESG) performance for the calendar year. These tables are prepared in response to investor and lender requests for consolidated annual ESG performance information.

      Conflict Free Gold Report

      The Conflict-Free Gold Standard provides a mechanism by which gold producers can assess and provide assurance that their gold has been extracted in a manner that does not cause, support or benefit unlawful armed conflict or contribute to serious human rights abuses or breaches of international humanitarian law.

      The following reports summarize Alamos’ conformance to the requirements of the Standard which was subject to independent assurance.

        ESTMA Report

        On June 1, 2015, the Extractive Sector Transparency Measures Act (ESTMA) was enacted to contribute to the global efforts of increasing transparency and deterring corruption. ESTMA requires extractive entities to report specific payments made to governments in Canada and abroad related to the commercial development of oil, natural gas or minerals. Alamos annually discloses these payments made on a country and project basis in our ESTMA report.

          RGMP Report

          In September 2019, the World Gold Council published the Responsible Gold Mining Principles. The Principles were developed for investors, supply chain participants, communities, and governments to demonstrate that gold can be responsibly sourced and produced to the highest ethical, governance, social, safety and environmental standards. Implementing companies are required to annually report on their progress towards achieving conformance and obtain independent assurance.

            Alamos Tailings Facilities