Meadowbank Complex

North of Baker Lake, Kivalliq District, Nunavut Territory, Canada

The Meadowbank open-pit gold mine in the Kivalliq District of Nunavut — approximately 300 km west of Hudson Bay and 110 km by road north of Baker Lake — was Agnico Eagle’s first Low Arctic mine. The discovery and development of the Amaruq satellite deposit 50 km away has extended the life of the Meadowbank Complex by supplying a new source of ore to the existing Meadowbank mill.

Key Facts

Mine Type

Open Pit and Underground

2021 production

324,808 oz gold*

2021 production costs

$1,259/oz gold*

2021 total cash costs

$1,201/oz gold*

Gold reserves

2,595,000 oz

2022 production guidance

347,500 oz gold

2022 total cash costs guidance

$1,186/oz gold

Mine life


* Including 2021 pre-commercial gold production of 1,956 ounces from the Amaruq underground project. Production and cash costs per ounce gold do not include pre-commercial production.

Mine Production

2021 Output