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By Rose Ragsdale
Mining News 

Gold operation shines with early startup

Agnico brings new mine online as a third project ramps up North of 60 Mining News – August 1, 2019

 

Last updated 9/26/2020 at 5:11am

Meliadine project near Rankin Inlet, Nunavut commercial production

Agnico Eagle Mines Ltd.

Inuit workers at Meliadine hold a bar from the first gold pour at Agnico Eagle's newest mine in Nunavut.

With the Meliadine project near Rankin Inlet, Nunavut hitting its target for commercial production in mid-May, senior gold miner Agnico Eagle Mines Ltd. is already reaping the rewards of output from its newest and largest mine, in terms of mineral reserves, even as gold prices sprint upward.

The target, accomplished ahead of schedule and anticipated to cost less than projected capital expenses...



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