Alamos Gold Inc. (NYSE:AGI) Q4 2022 Earnings Conference Call February 23, 2023 11:00 AM ET

Company Participants

Jamie Porter - Chief Financial Officer

John McCluskey - President and Chief Executive Officer

Luc Guimond - Chief Operating Officer

Scott Parsons - Vice President, Exploration

Chris Bostwick - Senior Vice President, Technical Services

Conference Call Participants

Mike Parkin - National Bank

Kerry Smith - Haywood Securities

Harmen Puri - Bank of America

Operator

Good morning. I would now like to turn the meeting over to Mr. Jamie Porter, Chief Financial Officer. Please go ahead.

Jamie Porter

Thank you, operator, and thanks everyone for attending Alamos’ Fourth Quarter and Year-End 2022 Conference Call. In addition to myself, we have on the line today John McCluskey our President and CEO; Luc Guimond Chief Operating Officer; and Scott R.G. Parsons, Vice President of Exploration. To address any questions with respect to our reserve resource update, we also have on the line today, Chris Bostwick, our Senior Vice President of Technical Services.

We will be referring to a presentation during the conference call that is available through the webcast and on our website. I would also like to remind everyone that our presentation will be followed by a Q&A session. As we will be making forward-looking statements during the call, please refer to the cautionary notes included in the presentation, news release, and Management’s Discussion and Analysis, as well as the risk factors set out in our annual information form.

Technical information in this presentation has been reviewed and approved by Chris Bostwick, our Senior Vice President of Technical Services and a qualified person. Also, please bear in mind that all the dollar amounts referred to in this conference call are in U.S. dollars unless otherwise noted.

Now, I will pass it on to John to provide you with an overview of the quarter.

John McCluskey

Thank you, Jamie and good morning everyone. Now starting with Slide 3. We had a strong finish to the year with record production of 134,000 ounces and costs coming in at the lower point of the year in the fourth quarter. All of our operations performed well, including a standout performance from Mulatos and the low cost La Yaqui Grande operation ramped up and operating at full capacity. La Yaqui Grande was a key contributor to our stronger consolidated free cash flow generation in the quarter of 18 million along with a steady ongoing performance from Young Davidson.