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Sustainability

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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

Responsible
Gold Mining
Principles

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 will implement and align to the framework, and obtain external assurance to provide further confidence that the gold we produce is responsibly mined.

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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.

Awards & Achievements

Commitment to safety:

El Chanate was recognized by the International Forum of Mining Education and Training for the site’s ongoing commitment to safety education and training.

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2020 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

$2.4 million

in community and voluntary contributions including:

$1.9 million

in community investment and charitable giving

$0.5 million

in community and social infrastructure

$154 million

in employee wages and benefits

$30.6 million

in payments to governments

$557 million

spent on goods and services, including $207 million on local suppliers

Building a better future

Building a better future: The year 2018 was a momentous one for the residents of Mulatos, a small town near our Mulatos mine. Following years of extensive community consultation and negotiation between Alamos and the Ejido Mulatos, local families began preparing to move to Matarachi, a town approximately 23 kilometres away.

The voluntary relocation, which Alamos completed in April 2019, was necessary to keep extending the mine’s life, which is the economic foundation for many local communities in the region.

As part of the relocation, Alamos constructed 21 new homes, a new education centre – featuring a kindergarten, elementary school and sports fields – a church and a medical clinic at the mine. The clinic will serve as the primary health facility for the Mulatos and Matarachi communities, serving hundreds of people of all ages, for routine and critical health care services.

“The Mulatos operation has been an incredible success story and it is still going strong after 14 years. The area still holds great potential and we look forward to many more years of profitable production. We appreciate the support of everyone – our employees, local communities and elected officials – in helping us achieve this significant milestone,” said John McCluskey, President and Chief Executive Officer.

The first families began moving into the new village in January 2019, and construction continued throughout the year on building more streets and a new community centre. The success of the relocation program was acknowledged by the Mexican Center for Philanthropy, CEMEFI and the Alliance for CSR in Mexico, honouring Alamos Gold with a Best CSR Practice Award in the Connecting with the Community category for 2019. The Award recognized Alamos’ CSR practices as “creative, innovative, and exceeding established standards. Furthermore, the company’s CSR practices benefit its community stakeholders while complementing successes at its operations.”

Awards & Achievements

Socially Responsible Mining

The Mulatos and El Chanate mines were recognized as Socially Responsible Mining Companies by CEMEFI, the Mexican Center for Philanthropy and the Alliance for Corporate Responsibility, marking the 12th consecutive year that Alamos has been recognized with this award.

Ethics and Values in Industry

In October 2020, the Industrial Chambers Confederation of Mexico (CONCAMIN) awarded Alamos Gold’s subsidiary Minas de Oro Nacional the prestigious Ethics and Values in Industry award. This distinction is made annually to organizations that demonstrate exceptional performance in corporate governance, human rights, labor relations, environmental conservation and corporate citizenship.

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2020 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.”

3.2 million

gigajoules (GJ) of direct and indirect energy consumption

7.46 GJ/oz

gold production energy intensity

158,613 tCO2e

direct and indirect greenhouse gas emissions

0.37 tCO2e/oz

gold production emission intensity

5.2 million m3

of water use (consumed and recycled)

79%

of water recycled and reused

100%

Of operations with mine closure and reclamation plans

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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2020
ESG Report

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.

      Interactive Database(opens in new window)
      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 Impoundment Areas