Alamos Gold Inc.

Lifecycle Milestones

1. Permit granted

   Jan 2019 · Federal environmental assessment Decision Statement for the Magino project issued 24 Jan 2019 under the Canadian Environmental Assessment Act, 2012 -- the primary construction-enabling approval -- while the project was still owned by Argonaut Gold Corp. (acquired by Alamos in Jul 2024). Corroborated across multiple secondary sources (CBC News, Mining Weekly, Mining Technology); the specific URL cited here was not text-extracted this pass. · Source
2. Construction decision (FID)

   Reached — date not disclosed · Argonaut Gold's board approved construction of Magino in October 2020 per secondary press coverage (MINING.com, Northern Ontario Business); an exact board-decision date was not confirmed against a primary Argonaut filing this pass -- left null rather than guessed. · Source
3. Construction start

   Jan 2021 · Construction anticipated to commence January 2021 following the Oct 2020 construction decision (2-year build to a planned H1 2023 first gold pour), per secondary press coverage. Month-level date only; exact day not confirmed against a primary source this pass. · Source
4. First pour / production

   Jun 2023 · First gold pour at Magino on 14 Jun 2023, announced by Argonaut Gold 15 Jun 2023 (commercial production followed in Q3 2023). Predates Alamos' 12 Jul 2024 acquisition of Argonaut, which brought Magino into the Island Gold District complex. · Source
5. Commercial production

   Reached — date not disclosed · Genuinely reached, but no single company-wide commercial-production date exists across a multi-mine, multi-jurisdiction portfolio (Young-Davidson and the Island Gold District in northern Ontario, Canada; the Mulatos District, including La Yaqui Grande, in Sonora, Mexico) assembled via a 2003 merger (Alamos Minerals + National Gold) plus later acquisitions (the Richmont Mines acquisition brought in Island Gold, 2017) -- each mine reached its own commercial-production milestone on a different date. Alamos reported Q2 2026 results (released 2026-07-29) with consolidated Q2 production of 130,600 oz across all three producing assets and full-year 2026 guidance of 510,000-560,000 oz, confirming active ongoing commercial gold production. This row was missing entirely prior to 2026-08-21 -- a genuine data gap (row presence is the signal per this model's doc comment), not a stage error; Miner.stage was already correctly PRODUCTION. Same pattern as AEM and the other five gap tickers fixed in this same batch (ABX, NEM, EQX, BTG, AAUC). · Source

Milestones are recorded only from a company's own dated disclosure. A milestone with no date shown is one we can confirm was reached but for which no date was disclosed — we don't estimate one. "Not yet reached" means exactly that, not that a date is missing. An "Expected" line likewise only ever reflects the company's own guidance (e.g. a study or permit decision targeted for a stated quarter) — most not-yet-reached milestones have none, and that absence means no such guidance has been disclosed, not that one is overdue.

A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.