05:49 PM EST, 01/13/2025 (MT Newswires) -- Alamos Gold ( AGI ) said Monday it now expects total gold production of between 580,000 and 630,000 ounces for 2025, 7% higher than its previous guidance.

The company maintained its production outlook for 2026 at 630,000 to 680,000 ounces, while setting a 2027 production guidance of 680,000 to 730,000 ounces.

Alamos said it produced 567,000 ounces of gold in 2024, up 7% from the prior year and in line with its production guidance of 550,000 to 590,000 ounces.

The updated 2025 guidance takes into account additional production from the Mulatos District in Mexico through residual leaching, the company said.

Alamos said it expects all-in sustaining costs to decline 'slightly' in 2025, driven by low-cost production growth that is expected to more than offset inflationary pressures.