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ESG Report 2024

Our People


Workforce

 

Our people are at the heart of everything we do. Keeping them safe, enabling their growth and development while operating in alignment with our values is of critical importance to Alamos. 

 

We support our people throughout every point in their career with us. We take care to welcome and integrate new joiners, and we provide feedback and opportunities for professional development through formal employee development programs and on-the-job training. Career progression is very important at Alamos. It creates a knowledgeable and collaborative workforce that lives our values. As such, our employees are encouraged to build their skills and take advantage of opportunities across the company, and we are proud that many of them do. At Alamos’ three operating mines, a total of 103,089 training hours were completed across more than 700 unique courses. This diverse range of training includes professional development such as leadership workshops and cybersecurity training, along with role-specific training such as geological modelling, gasoline engine repair, drone usage, and working at heights. We believe this contributes to our strong culture and creates an environment where our people feel welcome, safe, and valued for both their contributions and the work they perform.   

 

Additionally, all our sites conduct annual performance reviews to support the ongoing development of our people. These reviews are carried out for all permanent employees in Canada and for all non-union employees in Mexico. 

 

Working hours are managed by location and employee group. We provide rotational schedules, virtual work, and flexible hours – making a balance between time at work and time off more achievable based on the needs of the business and the needs of our employees.   

 

In addition to direct employment, Alamos engages contractors for various functions at our mines, projects, and offices. These contractors are held to the same standards of excellence and corporate policies as our employees and are treated with equal respect. Common contractor roles include, but are not limited to, exploration drilling, construction, blasting, mining, surveying, security, transportation, and hospitality services.  

Total Workforce (Contractors and Employees) at 2024 Year End

Table 3.1

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Alamos Total Young-Davidson Island Gold Magino Mulatos Lynn Lake Project Türkiye Combined Projects El Chanate Hermosillo Office Toronto Head Office
Total 3,366 882 716 442 1,137 34 11 11 59 74

Permanent Employees (Full Time) at 2024 Year End

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Alamos Total Young-Davidson Island Gold Magino Mulatos Lynn Lake Project Türkiye Combined Projects El Chanate Hermosillo Office Toronto Head Office
Total 2,256 747 576 315 453 30 6 1 55 74
Male 1,935 675 487 270 419 21 1 1 21 40
Female 321 72 89 45 34 9 5 0 34 33

Temporary Employees1 (Full Time) at 2024 Year End

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Alamos Total Young-Davidson Island Gold Magino Mulatos Lynn Lake Project Türkiye Combined Projects El Chanate Hermosillo Office Toronto Head Office
Total 34 6 12 4 7 4 0 0 0 1
Male 19 5 4 2 5 2 0 0 0 1
Female 15 1 8 2 2 2 0 0 0 0

Part-Time/Non-Guaranteed Hours Employees at 2024 Year End

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Alamos Total Young-Davidson Island Gold Magino Mulatos Lynn Lake Project Türkiye Combined Projects El Chanate Hermosillo Office Toronto Head Office
Total 3 0 3 0 0 0 0 0 0 0
Male 3 0 3 0 0 0 0 0 0 0
Female 0 0 0 0 0 0 0 0 0 0

Contractors (Full Time) at 2024 Year End

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Alamos Total Young-Davidson Island Gold Magino Mulatos Lynn Lake Project Türkiye Combined Projects El Chanate Hermosillo Office Toronto Head Office
Total 1,073 129 125 123 677 0 5 10 4 0

The data in Table 3.1 represents a snapshot of our workforce on December 31st, 2024. As such, these figures exclude short-term contracts including Interns and Co-op students who are valued contributors to our teams. In addition to the above figures, Young-Davidson employed 25 students, Island Gold 29, Mulatos 23, Lynn Lake 11, and our Toronto Headquarters 3.

Annual Workforce Totals

Table 3.2

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Year Alamos Total Young-Davidson Island Gold Magino Mulatos Lynn Lake Project Türkiye Combined Projects El Chanate Hermosillo Office Toronto Head Office
2024 3,366 882 716 442 1,137 34 11 11 59 74
2023 3,3152 823 1,005 0 1,326 26 12 12 51 60
2022 3,699 830 987 0 1,716 30 123 15 51 58
% Change (2023-2024) +2% +7% -29% n/a -14% +31% -8% -8% +16% +23%

As shown in Table 3.2, the largest changes in our workforce between 2023 and 2024 were attributable to the acquisition of the Magino Mine and its staff, and a significant reduction in contractors at the Island Gold Mine (in part due to changing construction requirements at the site upon its merging with Magino). We also experienced workforce increases at the Lynn Lake Project and the Toronto Head Office, in line with the company’s growth.  

Employee Turnover4

Table 3.3

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Turnover Type Young-Davidson Island Gold Magino Mulatos Lynn Lake Project Türkiye Combined Projects El Chanate Hermosillo Office Toronto Head Office Alamos Total:
2024
Alamos Total:
2023
Alamos Total:
2022
New Hires 114 112 347 47 10 0 0 5 24 659 331 368
New Hire Rate 15% 19% 100% 10% 33% 0% 0% 9% 33% 29% 18% 20%
Voluntary Departures 68 45 29 24 2 0 1 2 6 177 180 195
Voluntary Departure Rate 15% 8% 9% 5% 7% 0% 0% 4% 8% 8% 10% 11%
Involuntary Departures 31 20 3 27 0 0 0 5 2 88 148 46
Involuntary Departure Rate 4% 3% 1% 6% 0% 0% 0% 9% 3% 4% 8% 2%
Total Departures 99 65 32 51 2 0 1 7 8 265 328 241
Total Departure Rate 13% 11% 10% 11% 7% 0% 0% 13% 11% 12% 18% 13%

Health and Safety

MANAGEMENT SYSTEMS

 

Alamos is committed to creating and maintaining a safe, healthy working environment at all our mines and development projects. Our overarching commitment is to have all employees and contractors return Home Safe Every Day. Alamos’ Health and Safety Standards set company-wide guidelines for safety governance, while allowing each site the flexibility to design specific supporting policies, procedures, and practices. All employees and contractors working at Alamos locations are required to follow these protocols. The Technical and Sustainability Committee of the Board, supported by our COO and VP Sustainability & External Affairs, oversees company performance and drives our approach to occupational health and safety (OHS) management. 

 

OHS management systems (OHSMSs) have been implemented and are maintained at all Alamos mines, which legally must cover 100% of our on-site workforce. While guided by ISO 45001, the Mulatos Mine’s OHSMS must also comply with the requirements of Mexico’s Programa de Autogestión en Seguridad y Salud en el Trabajo (PASST) regulated by the Secretary of Labor and Social Welfare (Secretaría del Trabajo y Previsión Social) making it subject to external verification. The OHSMS at each of our Canadian mines are reviewed internally, and are being developed to align with ISO 45001. 

 

Our OHSMSs have been developed by internal health and safety professionals in collaboration with senior mine management and third-party experts. Workers can actively contribute to the ongoing development and evaluation of the OHSMS through formal joint management-worker health and safety committees, which are established at each of our three operating mine sites. These committees meet monthly at Young-Davidson and Mulatos, and ten times annually at Island Gold. They are tasked with carrying out workplace inspections, communicating safety information to workers, and addressing any health and safety-related concerns and suggestions of the workforce.   

 

 

HEALTH & SAFETY SPOTLIGHT
Read More

 

Across various locations of the Young-Davidson Mine, TV monitors display valuable Health & Safety information including the monthly safety theme (such as teamwork, safe driving, proper lifting, etc.), a summary of the most recent incidents, and the site’s year-to-date safety performance. Every month, employees are encouraged to submit a photo of their reason for going Home Safe Every Day – often family, friends, pets, or favourite hobbies. One photo is selected and displayed on the screens for the entire month, providing the entire workforce a daily reminder of the importance and far-reaching impact of health and safety at work.  

Workers Covered by an Occupational Health and Safety Management System

Table 3.4

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Coverage Data Young-Davidson Island Gold Magino Mulatos
Total Workers Covered 882 (100%) 716 (100%) 442 (100%) 1,137 (100%)
Workers Covered by an Internally-Audited System 0 (0%) 0 (0%) 0 (0%) 1,137 (100%)
Workers Covered by an Externally-Audited System 0 (0%) 0 (0%) 0 (0%) 1,137 (100%)

TRAINING

 

All employees and contractors are required to complete mandatory induction and health and safety training as a condition of entry and work at our sites. Alamos’ Home Safe Every Day safety leadership program, which includes materials, videos, and practical examples highlighting occupational health and safety leadership in mining, has been successfully implemented at Young-Davidson and Mulatos for several years. In 2024, the program was extended to site management and supervisors at the Island Gold District (comprising the Island Gold and Magino mines), with employees at the district set to receive training throughout 2025. 

 

The objectives of the Home Safe Every Day program include: sharing the status of our safety performance and culture, reinforcing our values, promoting behaviours that foster personal safety leadership, ensuring understanding of individual accountability and the Internal Responsibility System, providing general tools for safety, and demonstrating how safety can be integrated into daily work. Additionally, targeted safety leadership training is provided to all frontline supervisors and above to reinforce leadership principles. 

 

We also provide job-specific safety training to supervisors, heavy equipment operators, and other specialist trades and professions to ensure they are competent and qualified to perform their roles. Training programs may involve both internal and external instructors and cover a mix of safety-related topics and broader skills development, depending on the employee’s role. These programs range from working at heights to computer skills training.  

Training Hours for Occupational Health and Safety and Emergency Response (HSER)

Table 3.5

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Training Data Young-Davidson Island Gold5 Mulatos
Number of employees trained 753 907 460
Hours of HSER training provided 5,036 8,020 6,805
Average hours of HSER training per employee per year6 6.7 8.8 14.8

All Alamos mines and projects provide training to help prevent and manage occupational illness, while also voluntarily offering a range of non-occupational healthcare services, programs, and resources. Island Gold and Mulatos operate on-site medical centres staffed by nurses equipped to address health concerns raised for both employees and contractors, regardless of whether the issue is work-related. 

At Island Gold, additional services include flu shots, mental health counselling, physiotherapy, and access to an on-site fitness centre. Mulatos also features an on-site fitness centre, and both sites regularly share information on non-occupational disease prevention – covering topics such as heart disease, diabetes, and cancer – via email and on-site posters, with monthly topic rotations. 

While the Young-Davidson Mine does not host a full-service healthcare centre, due to its locally based workforce with access to community health services, it launched a pilot wellness program in 2023 to promote workforce health and improve physical demand assessments. The site also distributes educational bulletins on topics such as cancer awareness, mental health, and smoking cessation, and offers a Mental Health First Aid course led by the on-site Employee Health Advisor. 

Risk Identification and Response

 

Proactive risk identification is a critical component of our OHS management system. Alamos employees are trained to routinely apply the Five-Point Safety System, which guides individuals to assess safety before engaging in any work activity. This system prompts workers to: (1) inspect the entrance to the workplace; (2) determine whether the workplace and all equipment are in good condition; (3) confirm that others are working safely; (4) perform an act of safety; and (5) assess whether others can and will continue to work safely.  

 

In Mexico, employees receive annual training that aligns with the health and safety requirements set by the Secretary of Labor and Social Welfare. In Canada, all Ontario-based employees at the Young-Davidson and Island Gold mines must complete the Ministry of Labour, Immigration, Training and Skills Development’s Worker Health and Safety Awareness training. This mandatory training reinforces the importance of workplace vigilance and reinforces workers’ rights to refuse unsafe work and report hazards without reprisal.  

 

Through these training programs and clear communication of the Internal Responsibility System – which establishes that every individual shares responsibility for maintaining a safe work environment – our workforce is well-equipped to assess and mitigate risks. When new risks are identified, working procedures and relevant management systems are updated accordingly. 

 

A key responsibility of the joint management-worker health and safety committee at each site is to conduct routine inspections to identify potential safety risks. Internally, several high-consequence work-related hazards have been identified across our operations, including working at heights, energy isolation, confined space entry, lifting, rigging, and hoisting, driving, the use of explosives, earth/ground movement, hazardous substances, and heavy machinery operation. Each of these hazards has been assigned its own company-wide Health and Safety Standard, outlining the minimum requirements to safely navigate these hazards and mitigate risk. With respect to occupational health, noise-induced hearing loss has been identified as the primary illness with potential to affect our workforce.  

HEALTH & SAFETY SPOTLIGHT

 

Read More

 

In 2024, the Island Gold Mine Rescue Team emerged as champions of the Ontario Mine Rescue Competition for the Algoma District. Each year, mine rescue teams from across the province compete in district-level events designed to showcase the skills and readiness of mine rescue volunteers. 

 

Teams are put to the test through a simulated mine rescue scenario, which includes both a written knowledge component and a hands-on mock rescue operation. Winning teams go on to represent their districts at the Provincial Competition.  

 

In addition to the Island Gold team’s outstanding performance, Young-Davidson’s Mine Rescue Technician, Garry Bennett, was also recognized with top honours in the Kirkland Lake District – further highlighting the strength and dedication of our mine rescue personnel.  

When health and safety incidents occur, they are reported and investigated through a standardised, site-wide system. Initial incident reports are made to the supervisor, who conducts a preliminary investigation in collaboration with the individuals involved to gather facts and witness statements. Depending on the consequence and potential severity of the incident, the report is then escalated in accordance with the protocols outlined in our Incident Classification, Investigation & Reporting Standard.  

All Alamos operations are equipped with Mine Emergency Response Plans (MERPs) and trained Mine Rescue Teams to address extreme and emergency situations on site. MERPs define the responsibilities, response procedures, and preventive measures necessary for the effective and timely management of emergency situations and are a critical component of our health and safety risk management systems. Mine Rescue Teams undergo specialised training under the MERP to prepare them for site emergencies including first aid, firefighting, and the use of specialised tools. At our underground operations, additional training is provided in areas such as mine gas detection, respiratory protection, and the use of self-contained breathing apparatuses. 

Alamos is committed to preventing all occupational health and safety incidents at our operations, including those associated with the operations, products, and services of third parties operating at our sites. 

PERFORMANCE

 

We monitor employee and contractor safety performances using a combination of leading and lagging indicators to support long-term improvement and promote a strong safety culture. Leading indicators include metrics such as the number of safety interactions, meetings, near misses, and hazards reported by our safety teams and workforce. Lagging indicators track outcomes such as the number and type of incidents and frequency rates. Each site produces monthly safety performance reports that detail incident types, investigation outcomes, and any associated mitigation measures or training initiatives. Safety performance is reviewed monthly by the Alamos leadership team, with quarterly business reviews led by the CEO, COO, and CFO to ensure continued accountability and alignment with our safety objectives.

Company-Wide Safety Performance (Employees and Contractors)7

Table 3.6

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Injury Reporting 20248 2023 2022
Fatalities 0 0 1
Near Misses 236 155 214
First Aid Injuries 166 84 104
Medical Treatment Injuries 39 22 23
Restricted Work Injuries 41 40 48
Lost Time Injuries (LTI)9 4 3 2
Total Recordable Injuries (TRI) 84 65 74
Near-Miss Frequency Rate 5.38 3.50 4.59
Lost Time Injury Frequency Rate (LTIFR)10 0.09 0.07 0.06
Total Recordable Injury Frequency Rate (TRIFR)11 1.91 1.47 1.55
Hours Worked 8,777,335 8,859,559 9,551,100

Inclusion, Diversity, Equity & Accessibility

At Alamos, everyone is welcome. We endeavor to foster an environment where all our employees feel comfortable coming to work. Our focus is inclusion, awareness and learning. As we live our values and act inclusively, we will continue to strengthen and we will see the benefit in our ability to attract, engage, and retain talent. 

 

Harassment is not tolerated. We have systems and processes in place for individuals to safely report anonymously. The anonymous reporting mechanism in place at Alamos is overseen by the Audit Committee of the Board. In 2024, we had zero (0) confirmed incidents related to harassment, and zero (0) incidents of discrimination.

 

Composition of our Workforce12

Table 3.7

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Genders and Ages Alamos Employees
Male 1,957
Female 336
< 30 Years Old 460
30–50 Years Old 1,226
> 50 Years Old 607

Composition of our Executive Leadership Team

Table 3.8

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Gender and Ages Alamos Employees
Male 11
Female 4
< 30 Years Old 0
30–50 Years Old 7
> 50 Years Old 8

In August 2022, we conducted a survey where all Canadian employees were invited to voluntarily self-identify in gender identity, sexual orientation, Indigeneity, race, ability, language of origin, and primary language. Alamos is now exploring alternative ways to understand our workforce and expand our inclusive practices moving forward. 

Our talent attraction approach is centred on inclusion, diversity, equity, accessibility, workplace safety, and alignment with our values and Code of Business Conduct and Ethics. We are committed to paying a fair and living wage in all countries where we operate, and systems and processes are in place to understand the market and review our pay position within it. Compensation is determined based on the scope of each role and the qualifications of the candidate – it is not influenced by any protected ground.   

Additionally, we provide competitive benefits. A number of policies and programs are in place to support the physical, mental, and financial health and well-being of our people and their families, which include but are not limited to:

 

  • on-site allied health professionals
  • preventative and therapeutic physiotherapy
  • financial planning education
  • parental leave with financial top-up

 

All Alamos employees are eligible for parental leave, and each year, several employees receive this benefit and return successfully. The values in Table 3.9 below are reported on either an annual or rolling basis depending on the indicator.

Entitled to Parental Leave (PL)

Table 3.9

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Alamos Total Young-Davidson Island Gold Magino Mulatos Lynn Lake Project Hermosillo Office Toronto Head Office
100% 100% 100% 100% 100% 100% 100% 100%

Started PL in the Reporting Year

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Gender Alamos Total Young-Davidson Island Gold Magino Mulatos Lynn Lake Project Hermosillo Office Toronto Head Office
Total 39 7 8 5 15 1 2 1
Male 28 6 6 1 15 0 0 0
Female 11 1 2 4 0 1 2 1

Returned from PL in the Reporting Year

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Gender Alamos Total Young-Davidson Island Gold Magino Mulatos Lynn Lake Project Hermosillo Office Toronto Head Office
Total 37 9 6 3 17 0 2 0
Male 26 6 3 1 16 0 0 0
Female 11 3 3 2 1 0 2 0

Still on PL at Year-End

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Gender Alamos Total Young-Davidson Island Gold Magino Mulatos Lynn Lake Project Hermosillo Office Toronto Head Office
Total 30 4 7 3 12 1 2 1
Male 20 3 5 0 12 0 0 0
Female 10 1 2 3 0 1 2 1
PL Return Rate13 100% 67% 67% 100% n/a 100% n/a
PL Retention Rate14 63% 50% n/a 79% 100% 100% 100%

Employee Relations

As is outlined in our Human Rights Policy, which is in part guided by the International Labour Organization’s Declaration on Fundamental Principles and Rights at Work, Alamos respects and upholds internationally proclaimed human rights for our workforce. We apply specific attention in avoiding complicity with human rights abuses such as child labour and modern slavery (which includes forced and compulsory labour). We have determined through internal and external assessments that none of our operations are at significant risk for incidents related to these offenses, and we condemn them in the strongest possible terms. We expect our suppliers and business partners to share this commitment and implement policies and processes that support respect for human rights. We also clearly outline our commitment and expectations within our business contracts. Alamos supports the Organization for Economic Co-operation and Development’s Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas and has adopted the WGC’s Conflict-Free Gold Standard to operationalize this commitment. Our independently verified Conflict-Free Gold Report summarises our annual conformance to this standard.  

 

In May 2023, Canada enacted the Fighting Against Forced Labour and Child Labour in Supply Chains Act (commonly known as the Modern Slavery Act or the Supply Chains Act) (the “Act”). Under the Act, affected entities including Alamos must report on their efforts to mitigate the use of forced and child labour within their supply chains for the previous financial year. Please see Alamos’ 2024 Report on Modern Slavery which further describes the actions that Alamos has taken to assess and manage the risks of forced labour and child labour in its activities and supply chain. 

 

Alamos management communicates with the workforce early and often regarding operational changes. All our workers are afforded the right to freedom of association and collective bargaining via our Human Rights Policy and applicable labour laws, and as such, we believe there is no risk to our workforce’s right to exercise these freedoms at any Alamos location. In 2024, a Collective Bargaining Agreement covered 243 employees at the Mulatos Mine. No Canadian locations are unionized. There were no disputes between labour and management resulting in strikes, lockouts, or other work stoppages in the reporting year.  

Collective Bargaining Agreements

Table 3.10

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Coverage Data Young-Davidson Island Gold Magino Mulatos
% of Employees Covered 0% 0% 0% 53%

References

  1. Employees with fixed-term contracts.
  2. Restated. Reported a workforce of 3,310 in 2023, as 5 full-time contractors in Türkiye were omitted.
  3. Restated. Reported a workforce of 7 in 2023, as 5 full-time contractors in Türkiye were omitted.
  4. Based on only permanent employees.
  5. Includes Magino employee training hours.
  6. Last year, this table reflected all on-site training, leading to significantly higher total hours and averages. This year, the figures shown are specific to HSER training only.
  7. For a breakdown of Safety performance by site, please visit our Data Tables.
  8. Includes the Magino mine, while 2023 and 2022 do not.
  9. Lost Time Injuries total does not include Fatalities, reported separately in table.
  10. Frequency Rates are calculated based on 200,000 hours worked and include lost time injuries and fatalities.
  11. Frequency Rates are calculated based on 200,000 hours worked and include lost time injuries and fatalities.
  12. For a site-by-site breakdown of workforce Composition, please visit our Data Tables.
  13. The percentage of employees who returned to work after taking parental leave.
  14. The percentage of employees who stayed for 12 months after returning from parental leave.