NYSE: AEM 35.56
+1.01 +2.92%
Volume: 3,238,848
August 17, 2018
TSX: AEM 46.52
+1.06 +2.33%
Volume: 1,191,676
August 17, 2018
Gold: 1,185.52
+10.61 +0.9%
Volume:
August 17, 2018

Kittila

Kittila, Finland

The Kittila mine in northern Finland is the largest primary gold producer in Europe, and hosts the company’s largest mineral reserves. Kittila achieved commercial production on May 1, 2009, becoming Agnico Eagle’s first mine to open outside of Canada. Since open-pit mining was completed in 2012, Kittila has been an underground-only operation.

Key Facts

Mine Type

Underground

2017 Production

Production - 196,938 oz gold

2017 Costs

Production costs - $753/oz gold

Total cash costs - $753/oz gold

Gold reserves

4,090,000 oz

Mine life

18 years

Mine Production

2017 Output

Quarterly Gold Production

(Agnico Eagle’s 50% share)

Employees

438