Alamos Gold Inc. (NYSE:AGI) Q4 2023 Earnings Conference Call February 22, 2024 10:00 AM ET

Company Participants

Scott Parsons - Senior Vice President, Investor Relations
John McCluskey - President & Chief Executive Officer
Greg Fisher - Chief Financial Officer
Luc Guimond - Chief Operating Officer
Scott R.G. Parsons - Vice President of Exploration

Conference Call Participants

Cosmos Chiu - CIBC
Ovais Habib - Scotiabank

Operator

Good morning and I will now turn the call over to Scott Parsons, Alamos's Senior Vice President of Investor Relations. Please go ahead.

Scott Parsons

Thank you operator and thanks to everybody for attending Alamos' Fourth Quarter 2023 Conference Call. In addition to myself, we have on the line today John McCluskey, President and Chief Executive Officer; Greg Fisher, Chief Financial Officer; Luc Guimond, Chief Operating Officer; and Scott R.G. Parsons, Vice President of Exploration.

To address any questions with respect to our reserve and resource update earlier this week, we also have on the line today Chris Bostwick Senior Vice President 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 MD&A 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 VP Technical Services and a qualified person. Also please bear in mind that all dollar amounts mentioned in this conference call are in U.S. dollars unless otherwise noted.

Now, John will provide you with an overview.

John McCluskey

Thank you, Scott. I would also like to welcome everybody to the call and I'd like to turn your attention to Slide 3. 2023 marked our 20th anniversary and it was a record year on multiple fronts with the solid fourth quarter performance. We produced a record 529,000 ounces of gold for the full year achieving the top end of our increased production guidance of 15% increase from 2022, costs which are already well below the industry average decreased 4% to $1160 per ounce beating guidance once again with the record production lower costs and stronger gold price. We set a number of financial records in 2023.