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By Shane Lasley
Data Mine North 

Agnico invests $100M in exploring Nunavut

Mining Explorers 2023 - January 18, 2024


Last updated 1/17/2024 at 11:18am

A colorful sunset illuminates a line of underground mining trucks.

Agnico Eagle Mines Ltd.

Underground trucks at Amaruq, a satellite gold project associated with Agnico's Meadowbank complex in Nunavut.

Toward its strategy to develop the full potential of existing gold mining operations and a key pipeline project, Agnico Eagle Mines Ltd. invested more than US$100 million on exploring this politically attractive and stable jurisdiction in Canada's Far North during 2023.

This robust 2023 exploration began with a US$79.6 million budget for its three primary assets in Nunavut – Hope Bay, Meliadi...

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