The Meadowbank gold project in the Nunavut Territory of Canada is Agnico-Eagle’s first Low Arctic mine, declaring commercial production as of March 2010.  Meadowbank has proven and probable gold reserves* of 3.7 million ounces (32.2 million tonnes grading 3.5 grams/tonne gold) and a large gold resource. It is located on a very large property that has significant exploration potential for gold.

* Source Meadowbank Reserves and Resources

Q3 2011 

• In Q3 2011, payable gold production of 78,141 ounces at a total cash cost of $1,033. Processed 866,000 tonnes of ore, a record quarterly throughput, with minesite costs of C$93 per tonne.
• From January through September 2011, record payable gold production of 199,254 ounces at a total cash cost of $969 per ounce. Processed 2,162,000 tonnes of ore, with minesite costs of C$89 per tonne.
• Exploration focusing on extending Goose Island deposit southward into the deep Goose South and shallow Gosling zones, and extending Vault deposit south and east.