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Agnico advances two new Nunavut mines

 

Last updated 1/15/2018 at 7:45pm

Agnico Eagle Mines Ltd.

Agnico Eagle is looking for enough ore at its Meadowbank Mine to feed the mill until mid-2019, when the company expects to begin processing ore from Amaruq, a satellite deposit about 30 miles away.

Agnico Eagle Mines Ltd. April 27 reported continued strong gold production from its Meadowbank Mine in Nunavut and good progress at Amaruq and Meliadine, two advanced gold projects in the territory.

Meadowbank produced 85,370 ounces of gold during the first quarter, an 18 percent increase over the 72,311 oz recovered during the same period last year.

While the gold production was up due to hi...



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