Directory

over 4,000 employees

The Tasiast mine produced 622,394 ounces of gold in 2024. A phased expansion project, known as the Tasiast 24k project, increased mill throughput to 24,000 tonnes per day by mid-2023. The processing infrastructure includes a mill and a carbon and leach plant.

622,394 ounces of gold in 2024

mill and a carbon and leach plant

mill and a carbon and leach plant

Tasiast 24k project increased mill throughput to 24,000 tonnes per day by mid-2023

Around 900 jobs during its operational life, with a peak employment of 1,100 workers.

The Great Bear Project, wholly owned by Kinross Gold Corporation, is a significant gold development located in Northwestern Ontario, Canada, approximately 24 kilometres southeast of Red Lake. It is currently in the advanced exploration and development phase, with major construction anticipated to commence in 2027 and first gold production targeted for 2029. The planned operation is a combined open-pit and underground mine with an initial estimated mine life of 12 years.

Forecast to average over 500,000 ounces of gold annually during its peak, with a potential for 5.3 million ounces of initial production over the life of the mine.

Conventional milling circuit with a capacity of 10,000 tonnes per day, including primary crushing, semi-autogenous grinding (SAG) and ball milling, pebble crushing, gravity concentration, cyanide leaching, and a carbon-in-pulp (CIP) circuit.

Dual fleet strategy for open-pit, load-haul-dump (LHD) units and mine trucks for underground. Site infrastructure includes a crusher building, a stockpile cover, and a process plant building.

864 (as of 2020)

The Round Mountain mine is a large open-pit and developing underground gold mine in Round Mountain, Nye County, Nevada. It is owned and operated by Kinross Gold Corporation. The project includes the Gold Hill deposit. In 2023, the company approved the mining of the optimised Phase S open pit, with mining beginning in January 2024. Kinross is also proceeding with the Round Mountain Phase X project, which involves a transition to bulk-tonnage underground mining beneath the current open pit. First production from the Phase X underground operation is expected in 2028. This expansion has an initial capital cost of approximately $400 million and is expected to add 1.4 million gold equivalent ounces over an 11-year period.

Production overview - 2020: gold 324277 oz.

The mine uses conventional open-pit methods and recovers gold via four independent processing operations: crushed ore leaching on a reusable pad, run-of-mine ore leaching on dedicated pads, milling, and a gravity concentration circuit. Most ore is heap leached. Higher-grade oxide ore is crushed before being placed on the reusable leach pad, while lower-grade ore is placed on dedicated pads. Higher-grade sulphide ores undergo gravity and flotation concentration, with the concentrate leached in the mill. The mill has a capacity of 10,000 tonnes per day and will process ore from the Phase X underground mine concurrently with open-pit and stockpile material. Final products include high-grade gold and silver concentrates processed in a refinery furnace, and gold and silver cyanide solutions treated at an Adsorption, Desorption, and Reactivation (ADR) facility.

P&H 2300XPA shovels, CAT 6060 shovels, CAT 7495 Electric Rope shovels, Komatsu WA1200 loaders, CAT 992G/993K/994k loaders, CAT-785, CAT-789, and CAT-793 haul trucks.

The project includes the Gold Hill deposit. In 2023, the company approved the mining of the optimised Phase S open pit, with mining beginning in January 2024. Kinross is also proceeding with the Round Mountain Phase X project, which involves a transition to bulk-tonnage underground mining beneath the current open pit. First production from the Phase X underground operation is expected in 2028. This expansion has an initial capital cost of approximately $400 million and is expected to add 1.4 million gold equivalent ounces over an 11-year period.

As of 2023, the mine employed 546 employees and 164 contractors, for a total of 710 personnel. In 2020, the workforce consisted of 591 employees and 194 contract workers.

Bald Mountain is a large open-pit, heap leach gold mine located in White Pine County, Nevada, along the southern extension of the Carlin trend. It is the largest mine site by land area in the United States. The mine consists of multiple pits, with the two main deposits being Saga and LBM.

2025 (expected): 179,169 gold equivalent ounces. 2024: 181,047 ounces of gold equivalent. 2021: 204,890 gold equivalent ounces. 2018: 284,616 ounces of gold.

The mine uses conventional run-of-mine heap leach technology. Gold is extracted from the ore with a cyanide solution and then collected on activated carbon in carbon-in-column (CIC) plants. The water recycle rate in 2023 was 93%.

The mining operations utilize standard open pit methods with haul trucks (Komatsu and Caterpillar), front-end loaders, and electric and hydraulic shovels (P&H and Hitachi). The mine has multiple run-of-mine heap leach pads and carbon-in-column plants for processing.

A proposed expansion, the Juniper Project, would add nearly 4,000 acres to the operation and extend the mine life by 11 years. The Redbird 2 project, which includes the development of the Redbird pit and five satellite pits, is expected to have its first production in 2028 and produce an average of approximately 155,000 gold ounces per year between 2028-2031.

The project creates between 400 and 600 jobs. A 2026 report stated the mine employs roughly 300 people.

The Manh Choh Project, formerly known as the Peak Gold project, is located in Tok, Alaska, United States. It is an open-pit mine that produces gold and silver. The project is operated by Kinross Gold Corporation, which holds a 70% ownership interest, with the remaining 30% held by Contango ORE, Inc. The project is situated on land leased from the Native Village of Tetlin.

For the 2025 fiscal year, Contango's 30% share of production totalled approximately 60,200 gold equivalent ounces, which included 57,315 ounces of silver. Total recovered gold in 2025 was approximately 198,500 ounces. The first production campaign for 2026 commenced on 5 February 2026. Production guidance for Contango's share is estimated to be 40,000 to 45,000 ounces of gold for fiscal year 2026 and 75,000 to 80,000 ounces of gold for fiscal year 2027.

Ore is mined at the Manh Choh site and then transported approximately 250 miles (about 400 kilometres) via the Alaska, Richardson, and Steese highways to the existing mill and infrastructure at the Fort Knox mine for processing. This approach eliminates the need for a mill and tailings facility at the Manh Choh site.

The mine utilises a conventional truck and shovel operation. A fleet of purpose-built, 95-foot-long trucks hauls the ore. These trucks are equipped with anti-lock brake systems, speed monitors, AI-powered fatigue monitoring, and internal and external cameras.

779 people (as of end of 2024)

The Fort Knox mine is a conventional truck-and-shovel open-pit gold mine situated approximately 42 kilometres northeast of Fairbanks, Alaska. It is operated by Fairbanks Gold Mining, Inc. (FGMI), a wholly-owned subsidiary of Kinross Gold Corporation. The mine operates 24 hours a day, 365 days a year.

Production overview - 2024: gold 330000 oz; 2022: gold 291249 oz.

Ore is processed using a mill and two heap leach facilities, the Walter Creek and Barnes Creek Heap Leach facilities. The processing methods involve carbon-in-pulp, heap leaching, and gravity processes to recover gold. The mill has a daily capacity of up to 45,000 tonnes and includes a primary crusher, grinding mills, and a gravity separation circuit. Higher-grade ore is processed through the carbon-in-pulp circuit, while lower-grade ore is treated at the valley-fill heap leach operation.

mill, two heap leach facilities (Walter Creek and Barnes Creek), primary crusher, grinding mills, gravity separation circuit

An expansion announced in 2018 is expected to extend the mine's life to 2027. Processing of ore from the Manh Choh mine began in the second half of 2024. Ore from the nearby Gil satellite mine is also transported to Fort Knox for processing.

Gold development project in the Maricunga district of the Atacama Region, Chile, located approximately 160 kilometres east of Copiapó at an elevation of around 4,200 metres. The project comprises two adjacent porphyry gold deposits, Lobo and Marte, which are situated 7 kilometres apart.

4.7 million ounces of gold equivalent (life-of-mine)

heap leach, SART plant

crushing and storage facilities, rope conveyors, mine fleet

790 employees and 3,293 contractors (2024)

The La Coipa mine is an open-pit gold and silver mine located in the Atacama region of Chile, approximately 140 kilometres northeast of Copiapó. It is operated by Compañía Minera Mantos de Oro, a subsidiary of Kinross Gold Corporation, which holds 100% ownership. The mine was restarted in March 2022, focusing on the Phase 7 deposit, after being on temporary suspension since 2013. Its life has been extended to early 2026, with exploration for further extensions.

231,770 gold equivalent ounces (2025); 167,870 ounces of gold (2023); processing plant capacity of 15,000 tonnes per day

primary and secondary crushing, followed by a mill, cyanide leach circuit, and Merrill-Crowe process (counter-current decantation, clarification, precipitation) to produce doré bars. Processing plant capacity is 15,000 tonnes per day.

hydraulic shovels, front-end loaders, drills, and 154-tonne trucks; refurbished mine fleet from Maricunga operation

Direct employment accounts for about 7% of jobs in Paracatu municipality, rising to 20% including over 2,900 contractors. Hired 23 female mobile equipment operators in 2023.

Large-scale, open-pit gold mine located in Minas Gerais, Brazil, immediately north of the city of Paracatu. Operated by Kinross Gold Corporation through its wholly-owned subsidiary, Rio Paracatu Mineração S.A. Also known as Morro do Ouro Mine.

Over 600,000 ounces of gold in 2025; projected average of 540,000 gold ounces annually from 2020 to 2031.

Two processing plants. Ore is processed by milling, with gold recovery achieved through gravity separation, flotation, and a carbon-in-leach circuit. Processing infrastructure includes a primary crusher, a semi-autogenous grinding (SAG) mill, and ball mills.

CAT D10 dozers, CAT 992 front-end loaders, and CAT 777 haul trucks. Run-of-mine ore is transported by 240-tonne capacity rear-dump haul trucks.

The Hammond Reef Gold Project is an open-pit gold project located in Northwestern Ontario, Canada, 30 km northeast of Atikokan. It is currently in care and maintenance with ongoing studies and permitting, having received federal and provincial environmental approval.

60,000 tonnes per day

On-site metal mill with an ore input capacity of 60,000 tonnes per day, using conventional milling.

ore processing facility

5000

Project San Nicolás is a copper-zinc development project in Zacatecas, Mexico, operated as a 50/50 joint venture by Teck Resources and Agnico Eagle. The project is currently in the permitting and engineering stage. An Environmental Impact Assessment (MIA-R) permit application was submitted in January 2024, and a Change of Land Use (ETJ) permit application was submitted in June 2024. A feasibility study is expected to be completed in the first half of 2025, with a potential sanction decision in the second half of 2025. The development is expected to generate around 5,000 direct and indirect jobs in its different phases. The estimated development capital cost is between US$1.0 billion and US$1.1 billion.

For the first five years, annual production is expected to be 63,000 tonnes of copper and 147,000 tonnes of zinc in concentrate.

The project is planned to have a conventional flotation plant with a processing capacity of up to 20,000 tonnes per day.

The Wasamac project is an advanced exploration-stage underground gold mine located 15 kilometres west of Rouyn-Noranda in the Abitibi-Témiscamingue region of northwestern Quebec, Canada. It is 100% owned and operated by Agnico Eagle Mines Limited, which acquired it on 31 March 2023, as part of the acquisition of Yamana Gold Inc.'s Canadian assets. Since the acquisition, Agnico Eagle has been conducting a technical review to align the project with its standards and the current economic context. As a result of the review, the project's environmental footprint has been reduced. The federal impact assessment process for the project was terminated on December 3, 2024, as the revised project components no longer meet the criteria for a major project requiring federal assessment. However, the Quebec provincial environmental assessment process remains a requirement and is expected to resume in 2026. Agnico Eagle is planning an advanced exploration program to collect a 40,000-tonne bulk sample to improve technical knowledge and confirm the project's feasibility; permit applications for this program are pending.

Production overview - 2025: gold 1.38 Moz.

The updated plan eliminates the need for an on-site processing plant and tailings storage facility. Ore extracted from the Wasamac site will be transported by truck to Agnico Eagle's existing Canadian Malartic Complex for processing. Mine tailings will be deposited in the Canadian Malartic pit, and waste rock generated during construction at Wasamac will be progressively returned underground as backfill.

The project is planned to have a single underground access ramp. The main infrastructure for the advanced exploration program will include a ramp portal, an underground access ramp, a ventilation shaft, and surface storage for overburden and waste rock, along with water management facilities.

1,200 to 1,400 positions at production; 200 in training program.

The Upper Beaver Project is a gold-copper mine being developed in the Kirkland Lake camp in northeastern Ontario, located in the township of Gauthier, approximately 5 kilometres northeast of Dobie. It is planned as an underground and open-pit operation on the site of a former producing mine, with the open-pit designed for the first four to five years to manage rock stability. As of early 2026, the project is in the advanced exploration phase, supported by a $200 million investment approved in July 2024 for an exploration ramp and shaft. The exploration ramp reached 108 metres and the shaft 382 metres by April 2026. The Impact Assessment Agency of Canada (IAAC) extended the Impact Statement submission to March 27, 2027. Construction could begin in 2027-2028, with production starting by 2029-2030.

The mine has the potential to produce an annual average of approximately 210,000 ounces of gold and 3,600 tonnes of copper. The proposed maximum ore production capacity is 15,000 tonnes per day.

The project plan includes an on-site metal mill and processing facility with a proposed maximum ore input capacity of approximately 10,000 tonnes per day.

Exploration ramp and shaft (160m and 760m deep), shaft headframe, service and production hoists, on-site metal mill, processing facility, water treatment plant.

The project is planned as an open pit operation with conventional milling. The proposed on-site metal mill would have an ore input capacity of 60,000 tonnes per day. The proposed undertaking includes two open pits, an ore processing facility, a tailings management facility, and waste rock and water management facilities.

The project has received environmental approval from both the federal and provincial governments. While the project has not been approved for development by the company, studies are ongoing to optimise the project and advance the final permits required for construction and operation.

During the care and maintenance period, the workforce was reduced from 518 in 2022 to 350 in 2023. Preparations for a potential restart include adding more room and board camp space for employees.

The Hope Bay property is located in the Kitikmeot region of Nunavut, approximately 125 km southwest of Cambridge Bay. It is situated on an 80-km-long greenstone belt and includes three gold deposits: Doris, Madrid, and Boston. Agnico Eagle acquired the project in 2021 and suspended production activities in February 2022 to focus on exploration and evaluate larger production scenarios. The company's primary focus has been on the Doris and Madrid deposits, with significant exploration success at the 'Patch 7' zone within the Madrid deposit. A technical evaluation is underway for a potential redevelopment, with a project update and a possible construction decision expected in the second quarter of 2026. The objective is to potentially achieve production by the third quarter of 2030.

The potential redeveloped mine is anticipated to have an annual gold production of 400,000 to 425,000 ounces.

Enclosed conventional processing plant at the Doris site with a design capacity of 2,000 tonnes per day. The processing method involves a primary jaw crusher feeding two 1,000-tonne-per-day Python lines, which include secondary crushing, grinding, flotation, and gravity gold recovery. A concentrate treatment plant uses regrind, cyanidation, and a resin gold recovery system.

Underground mobile mining equipment capable of mining at a rate of 1,000 tonnes per day, including 60-tonne articulated haul trucks, a D8 dozer, and a 385 excavator.

over 800 employees

Fosterville Mine is a high-grade, low-cost underground gold mine in the state of Victoria, Australia, approximately 20 kilometres from Bendigo. It is the largest gold producer in Victoria. The mine has been in production since 2005 and had extracted 4.6 million ounces of gold by the end of 2025.

Production overview - 2024: gold 225203 oz; 2023: gold 277694 oz.

Ore is processed using conventional crushing and grinding, followed by flotation, bacterial oxidation, and carbon-in-leach (CIL) circuits to recover gold. The processing plant has an operating capacity of 960,000 tonnes per annum.

Mining is conducted with a conventional fleet of trackless diesel equipment.

In May 2025, the Victorian Government approved the Environmental Effects Statement for the Sustained Operations Project, which is designed to continue existing gold mining operations for at least another ten years. The project includes extending underground mining, potential cutbacks to existing open pits, and building new tailings storage facilities. The project does not propose to increase mining rates above the current processing plant's nominal capacity. Production from the Robbins Hill area commenced in November 2024.

Approximately 1,800

The Meadowbank Complex is a gold and silver mining operation in the Kivalliq District of Nunavut, Canada, approximately 110 km north of Baker Lake. The complex combines open-pit and underground mining methods. Ore is sourced from the Amaruq satellite deposit, approximately 50 km away, where commercial production from the Whale Tail pit began in September 2019 and from the underground operation in August 2022. The ore is transported to the main Meadowbank site for processing. In February 2026, the company approved an extension of the mine life from 2028 to 2030. Work is ongoing to potentially extend the mine life beyond 2030.

Production overview - 2025: gold 493314 oz; 2024: gold 504719 oz.

Ore is processed using a conventional crushing, grinding, gravity, cyanidation, and carbon-in-pulp processing facility to recover gold. Gold-plated cathodes and gravity concentrate are smelted in an induction furnace and poured as doré bars.

The complex includes processing facilities, a mill, tailings facilities, an airstrip, and an accommodation facility at the Meadowbank site. The Amaruq satellite site has a warehouse, fuel storage, and a second accommodation facility. A 64-km road links the two sites, and long-haul off-road type trucks transport ore from Amaruq to the Meadowbank mill.

In February 2026, the company approved an extension of the mine life from 2028 to 2030. Work is ongoing to potentially extend the mine life beyond 2030.

The mine employs approximately 1,600 people, including employees and contractors. Around 700 people work and live on-site at any given time, working on a two-week fly-in, fly-out rotation.

The Meliadine Mine, owned and operated by Agnico Eagle Mines Limited, is located in the Kivalliq District of Nunavut, Canada, approximately 25 kilometres north of Rankin Inlet. It commenced commercial production in May 2019.

In 2025, gold production was 376,346 ounces. The mine poured its two millionth ounce of gold since operations began in November 2024. The company anticipates producing around 400,000 ounces of gold annually until 2032.

The processing plant uses a conventional gold circuit, which includes crushing, grinding, gravity separation, and cyanide leaching with a carbon-in-leach (CIL) circuit. This is followed by cyanide destruction and filtration of the tailings for dry stacking.

Equipment at the mine includes 773 rock trucks, 740/730/D300E articulated rock trucks, 988 loaders, D6/D8/D9 dozers, graders, underground scoops, rock bolters, service trucks, and shotcrete machines.

A proposed Meliadine Extension, which aimed to extend the mine's life by an additional 11 years to 2043, was withdrawn by Agnico Eagle in December 2023. The extension included developing the new Tiriganiaq-Wolf underground deposit and adding underground mining at the Pump, F-zone, and Discovery deposits. A plan for a wind farm was also scrapped.

The Detour Lake mine is a large-scale open-pit gold operation in the Cochrane District of northeastern Ontario, approximately 185 kilometres by road northeast of Cochrane. It is the largest gold producing mine in Canada and has the country's largest gold mineral reserves. The mine life is expected to extend into the 2050s. Agnico Eagle acquired the mine on 8 February 2022, through its merger with Kirkland Lake Gold Ltd. An updated NI 43-101 Technical Report for the mine was filed on 20 September 2024.

Production overview - 2025: gold 692675 oz; 2023: gold 21.069510899999997 t.

Ore is processed using a conventional milling circuit that includes crushing, grinding, gravity concentration, cyanidation, and carbon-in-pulp (CIP) processes to recover gold. Mill throughput increased from approximately 69,700 tonnes per day in 2023 to a target of 77,000 tonnes per day in the fourth quarter of 2024. Ongoing initiatives aim to increase mill throughput to 79,450 tonnes per day by 2028.

The open-pit mine uses Cat 795F AC haul trucks, Cat 6060 hydraulic shovels, Cat 7495 rope shovels, and a variety of drills including Epiroc PV271, SmartROC D65s, and DM45s. The proposed underground project is expected to use a combination of conventional and automated equipment, including 21-tonne capacity LHDs and 60-tonne capacity trucks for ore and waste handling. The ore handling system will consist of ore passes, an underground jaw crusher, and a conveyor system.

A June 2024 Preliminary Economic Assessment (PEA) contemplates the concurrent operation of the open pit and a proposed underground mine. The potential underground operation, combined with mill optimisation, could increase average annual production to approximately one million ounces of gold over a 14-year period, starting in 2030. In June 2024, the company approved a two-kilometre exploration ramp to provide access for underground drilling and to collect a bulk sample. Agnico Eagle approved a $100 million investment over three years to further study and de-risk the underground project. A go-ahead decision is targeted for mid-2027, with potential to start underground production as early as 2028.

1,042 workers

The LaRonde Complex is an active, producing operation located in the Abitibi-Témiscamingue region of northwestern Quebec, Canada. It consists of the underground LaRonde mine and the underground LaRonde Zone 5 (LZ5) mine. Commercial production at the LaRonde mine began in 1988, and at LZ5 in 2018. The complex has produced over 8 million ounces of gold to date.

Production overview - 2023: gold 306648 oz, silver 617000 oz, zinc 11000 t, copper 3000 t.

The LaRonde mineral processing facility has a total ore processing capacity of 9,000 metric tonnes per day. The facility includes copper and zinc flotation circuits, precious metals recovery through cyanide leaching, and refining. It produces doré bars containing gold and silver, as well as zinc and copper concentrates which also contain gold and silver. The plant also processes concentrate pulp trucked from the Goldex mill. In 2023, the company was recognized for its transition to filtered tailings management.

The mine's infrastructure includes the 2.2-km deep Penna Shaft, which is the deepest single-lift shaft in the Western Hemisphere. Operations extend more than 3 km below the surface, utilising an 823-metre internal shaft. The complex also uses a ramp, a network of conveyors, crushers, and ventilation systems. Automation initiatives are ongoing at LZ5, with automated scoops and trucks used to haul a significant portion of the ore.

In 2023, exploration drilling at the LaRonde complex totalled 41,300 metres. The company plans to spend approximately $10.4 million for 50,200 metres of drilling in 2024, with the aim of adding new mineral reserves and resources to extend the mine life further into the 2030s. Modifications were made to the LZ5 processing facility to accommodate ore from the Macassa complex's AK deposit, with processing planned to begin in the second quarter of 2026.

Potential workforce of 260 (AREEA forecast).

One of Australia's largest undeveloped open-pit copper-gold deposits.

Average annual output of 30,000 tonnes of copper and 72,000 ounces of gold (from a 2019 PFS by Havilah, subject to revision).

Conventional, utilising flotation and gravity separation. A carbon-in-leach (CIL) circuit is also proposed for the recovery of fine gold.

conventional open-cut bulk mining using truck and excavator equipment; major fleet including up to two 350-tonne excavators for waste stripping and a 250-tonne backhoe excavator for ore mining

Approximately 1,830 people (1,575 employees, 255 contractors as of Jan 2025)

The Safford mine, including the Lone Star project, is a wholly owned, active, large-scale open-pit copper mining complex in Graham County, Arizona. It commenced operations in 2007, producing copper cathode via a mine-for-leach operation, with secondary gold and silver.

SX/EW capacity of 320 million pounds of copper per year. Mining fleet moves 435,000 metric tons of material per day. Lone Star project aims for 300 million pounds of copper per year from oxide ores.

Crushing, heap leaching, solvent extraction/electrowinning (SX/EW), sulfur burner plant

CAT 793B 240-ton haul trucks, P&H 4100 XPA electric shovels, crushing facility, conveyors, radial arm stacker, SX/EW facility, sulfur burner plant