NYSE: AEM 45.32
-0.06 -0.13%
Volume: 1,317,466
February 24, 2017
TSX: AEM 59.39
-0.14 -0.23%
Volume: 819,370
February 24, 2017
Gold: 1,257.08
+7.54 +0.6%
Volume:
February 24, 2017

Canadian Malartic

Malartic, Quebec

Canadian Malartic, 25 km west of Val-d’Or, is the largest operating gold mine in Canada. The large open-pit mine and plant built by Osisko Mining Corp. began commercial production in May 2011. In June 2014, Agnico Eagle and Yamana Gold acquired Osisko and created the Canadian Malartic General Partnership that owns and operates the mine. Agnico Eagle and Yamana each have an indirect 50% ownership interest in the Partnership.

Key Facts

Mine Type

Open Pit

2015 production and costs (Agnico Eagle’s 50% share)

285,809 oz, $596/oz gold

Gold reserves

3,863,000 oz

Mine life

11 years

Mine Production

2015 Output

Quarterly Gold Production

Employees

687