Next year, producer Alamos Gold expects the Young-Davidson underground mine in Ontario, where a lower mine expansion was completed in July, to drive a 17% production increase over 2020 levels, to 470,000 to 510,000 gold ounces. The Toronto-based company has released detailed guidance for 2021 and a general production outlook through to 2025.

Production at the Young-Davidson mine is expected to increase by 41% next year, from higher mining rates and increased grades. Approximately 190,000 to 205,000 oz. are expected from this mine next year, compared with this year’s guidance for 135,000 to 145,000 ounces.