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Alamos Gold Inc., a prominent mid-tier gold producer, is headquartered in Toronto, Canada, and operates within the dynamic precious metals industry. Since its inception in 2003, Alamos Gold has grown significantly, focusing on the responsible exploration, development, and production of gold.
The company boasts a diversified portfolio of high-quality operating mines and development projects across North America, including Canada and Mexico, alongside key operations in Turkey. Alamos Gold is renowned for its disciplined approach to mining and a consistent track record of operational excellence, having produced over 2 million ounces of gold, solidifying its market position and delivering sustainable value.
0 vs industry average
Alamos Gold’s score of 13 is lower than 45% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Precious Metal Production is among the most carbon-intensive industries
The Precious Metal Production industry has reduced its overall emissions by 32% since 2018
Scope 3 accounts for ••• of total emissions.
Alamos Gold, a Canadian-headquartered precious metals company, reported its 2023 greenhouse gas emissions. The company's total Scope 1 emissions were about 152,164,000 kg CO2e, Scope 2 emissions were approximately 10,887,000 kg CO2e, and Scope 3 emissions were around 378,960,000 kg CO2e. Key categories for Scope 3 emissions included purchased goods and services (approximately 236,552,000 kg CO2e) and fuel and energy-related activities (around 51,575,000 kg CO2e).
For 2022, Alamos Gold reported Scope 1 emissions of approximately 168,822,000 kg CO2e and Scope 2 emissions of about 9,600,000 kg CO2e. In 2021, Scope 1 emissions were around 178,506,000 kg CO2e, and Scope 2 emissions were approximately 10,709,000 kg CO2e. The company did not disclose Scope 3 emissions for 2022 and 2021.
Alamos Gold measures its carbon intensity with production emission factors, such as GHG per tonne of ore mined and GHG per ounce of gold production. For 2023, these were reported as 10.0 kg CO2e per tonne of ore mined and 5.64384 kg CO2e per ounce of gold production.
No climate goals have been disclosed for Alamos Gold yet.
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