The LaRonde complex consists of the underground LaRonde mine, the underground LaRonde Zone 5 (LZ5) mine and the LaRonde mineral processing facility. LaRonde mine began commercial production in 1988, and LZ5 achieved commercial production in 2018, with more than 8 million ounces of gold produced from the complex to date.

The processing facility includes copper and zinc flotation in addition to precious metals recovery and refining. The processing plant produces doré bars containing gold and silver, as well as zinc and copper concentrates that carry valuable gold and silver credits. The LaRonde plant also treats concentrate pulp trucked from the Goldex mill.

Location

Cadillac, northwestern Quebec

Metals

Gold, by-product silver, zinc and copper

Mine Type

Underground

2024 Performance

Production

306,750 oz gold

Production Costs

$1,042/oz gold

Total Cash Costs

$945/oz gold

2025 Guidance (Mid-Point)

Production

310,000 oz gold

Total Cash Costs

$978/oz gold

Mineral Reserves & Mineral Resources*

Proven & Probable Gold Reserves

2.74 million oz gold

Measured & Indicated
Gold Resources

1.52 million oz gold

Inferred Gold Resources

1.24 million oz gold

*As at December 31, 2024. For details, see the year-end 2024 Mineral Reserves and Mineral Resources statement (opens in new tab).

Highlights

  • LaRonde mine's 2.2-km deep Penna Shaft is the deepest single-lift shaft in the Western Hemisphere, and current operations extend more than 3 km below surface using a 823-metre internal shaft.
  • The Company is continuing its automation initiatives at LZ5, improving overall productivity – development and production activities on Friday, Saturday and Sunday night shifts are done remotely from surface.
  • LaRonde was recognized for its 2023 environmental and social performance, receiving the TSM Excellence Award from the Mining Association of Canada for the transition to filtered tailings management as an acknowledgement of innovative projects and initiatives that support sustainable development; and a Community Relations award from the Quebec Mining Association in recognition of the collaboration agreement with the Abitibiwinni First Nations and the Nikan Project, which facilitates integration and retention of Indigenous workers.
  • In October 2023, the LaRonde complex was featured in the documentary "Gold: A Journey with Idris Elba", which explores gold's meaning and contribution to societies all over the world. The full 65-minute documentary can be streamed at https://journey.gold (opens in new tab).

For more details and the latest information on the LaRonde complex, see the Company’s latest Annual Information Form (opens in new tab) and news releases (opens in new tab).

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Contact

LaRonde Complex
10 200 route de Preissac
Rouyn-Noranda, Quebec
Canada J0Y 1C0

Telephone: +1 819.759.3644