Directory

The Upper Beaver Project is located in the Gauthier and McVittie townships, approximately 5 km northeast of Dobie, Ontario. Agnico Eagle is planning to develop, operate, and eventually reclaim a combined underground and open-pit gold-copper mine. As of July 2024, the project entered the advanced exploration phase. A positive internal evaluation for a standalone mine and mill scenario was completed in mid-2024. The company is now intensifying efforts on the impact assessment for the potential production phase.

Production overview - 2025: gold 400000 oz, copper 10649 t; 2024: gold 2770000 oz, copper 54930 t.

The plan includes an on-site metal mill and a tailings storage facility. The proposed maximum ore production capacity of the mine is 15,000 tonnes per day, with the mill having a maximum input capacity of approximately 10,000 tonnes per day.

In July 2024, a $200 million investment was approved to de-risk the project, with an additional $100 million allocated to accelerate site-readiness for construction. Activities in 2024 included shaft pre-sinking, foundation work, construction of site roads and water management ponds, upgrades to Beaverhouse Road, and the start of erecting the shaft headframe and hoist structures. By the end of 2025, shaft sinking had reached a depth of 155 metres. The exploration ramp is being extended to a depth of 400 metres. Construction of the mine is planned to start in 2027-2028, with production potentially beginning as early as 2029-2030. The project is subject to a federal impact assessment, which began in September 2021.

350 (as of 2023)

The Hope Bay property is located in the Kitikmeot region of Nunavut, 685 km northeast of Yellowknife and 125 km southwest of Cambridge Bay. It covers an 80-km-long greenstone belt hosting three gold deposits: Doris, Madrid, and Boston. Agnico Eagle Mines Limited acquired 100% ownership of the Hope Bay mine on 2 February 2021. Production activities were suspended in 2022, and the mine is currently on care and maintenance with an active exploration program focused on the Doris and Madrid gold deposits. A technical evaluation for a potential redevelopment is underway.

Production overview - 2025: gold 2442 oz.

enclosed processing plant at Doris, mining and processing rate of 6,000 tonnes per day

underground mine development at Doris and Boston, an enclosed processing plant at Doris, a tailings impoundment area, two airstrips, a port at Roberts Bay, an all-weather road network, a diesel power plant, and an accommodations complex

A technical evaluation for a potential redevelopment is underway, with a construction decision expected in the second quarter of 2026. The redevelopment envisions an operation with annual gold production of 400,000 to 425,000 ounces. Site preparedness activities for a potential redevelopment are underway, including the addition of a new wing to the camp.

The mine has approximately 1,500 employees. At any given time, about 700 people live and work on the site. The camp capacity is proposed to be increased from 700 to 905 employees to support the Meliadine Extension.

Production overview - 2025: gold 376346 oz.

The mine uses a conventional gold circuit which includes crushing, grinding, gravity separation, and cyanide leaching with a carbon-in-leach circuit. This is followed by cyanide destruction and filtration of the tailings for dry stacking. In 2021, milling rates averaged approximately 4,700 tonnes per day. During 2023, the Meliadine mine processed an average of 5,255 tonnes per day.

A 31.3 megawatt diesel-fuelled powerplant has been constructed for electricity and heating. The proposed Meliadine Extension includes a windfarm with up to 11 turbines to reduce reliance on diesel fuel.

Agnico Eagle is seeking approval for the Meliadine Extension, which proposes to develop a new deposit, the Tiriganiaq-Wolf underground, and add underground mining activities at the Pump, Fzone, and Discovery deposits. This extension would postpone the mine closure to 2043. The project also includes a proposal for a windfarm with 11 turbines and the potential addition of an on-site airstrip.

In 2023, the company initiated an immigration pilot program to relocate skilled workers from its operations in Mexico to address a critical shortage of specialised workers, particularly heavy-duty mechanics, at Macassa.

Production overview - 2023: gold 442000.00000000006 t; 2022: gold 314179 t.

The processing method involves conventional crushing, grinding, gravity, cyanidation, and carbon-in-pulp processes with Zadra recovery. The mill has a nameplate capacity of 2,000 tonnes per day. Doré bars are poured that typically contain 70% to 85% gold and 5% to 10% silver. The nearby Near Surface and Amalgamated Kirkland (AK) gold deposits are being integrated into the Macassa production profile.

The #4 Shaft production hoist was commissioned in 2023, increasing the mine's ore hoisting capacity to approximately 4,000 tonnes per day. The underground haulage fleet is mainly battery-operated. Mining methods include mechanised overhand and underhand cut-and-fill, and longhole stoping.

The #4 Shaft project was completed in 2023 to increase production, improve working conditions, and lower unit costs. The company is adding the nearby Near Surface and Amalgamated Kirkland (AK) deposits to the production profile, which will provide additional operational flexibility. In 2025, Agnico Eagle plans to spend approximately $33.5 million for 179,900 metres of drilling to increase and upgrade mineral resources. In December 2024, Agnico Eagle signed an Impacts and Benefits Agreement with the Beaverhouse First Nation concerning the Macassa Mine site.

1,218 in 2025

The LaRonde Complex consists of the LaRonde and LaRonde Zone 5 (LZ5) underground mines and a mineral processing facility. The complex is a significant contributor to Agnico Eagle's production profile. The LaRonde Complex is a major gold producer with significant by-product credits from silver, zinc, and copper. The processing plant produces doré bars containing gold and silver, as well as zinc and copper concentrates. The facility also processes concentrate pulp from the nearby Goldex mill.

Production overview - 2025: gold 344555 oz; 2024: gold 331000 oz.

The LaRonde mineral processing facility includes circuits for copper and zinc flotation, as well as precious metals recovery and refining. The total ore processing capacity of the facility is 9,000 metric tonnes per day, split between the LaRonde concentrator (7,000 t/d) and the LZ5 concentrator (2,000 t/d). The processing method involves primary and secondary crushing, flotation to recover copper and zinc concentrates, followed by cyanide leaching and carbon-in-pulp for gold recovery, stripping, electrowinning, and refining.

The LZ5 mine utilizes a Sandvik AutoMine fleet which includes LH517 LHDs and TH551i trucks. The LaRonde mine uses a Caterpillar fleet with their Command for underground autonomous technology, including R2900G machines.

The LaRonde Complex consists of the LaRonde and LaRonde Zone 5 (LZ5) underground mines and a mineral processing facility. Agnico Eagle is focused on automation initiatives at LZ5 to improve productivity. For the full year 2025, approximately 22% of the ore hauled to the surface was moved using automated scoops and trucks, surpassing the production target of 3,500 tonnes per day.

The Casa Berardi operation is a gold mine in northwestern Quebec, Canada, that has been in production for over 35 years. The mine comprises both open-pit and underground operations. In March 2026, Orezone Gold Corporation completed the acquisition of Hecla Quebec Inc., a wholly-owned subsidiary of Hecla Mining Company, thereby acquiring 100% ownership of the Casa Berardi mine. Prior to the sale, Hecla was transitioning the mine to a fully open-pit operation. The lower-margin east mine underground operations were closed in July 2023, with mining continuing in the higher-margin stopes of the west underground mine. A technical report from March 2024 outlined a 14-year mine plan based on open pit reserves. Orezone has initiated trade-off studies to evaluate the optimisation of the current mine plan and a potential increase in underground production. The company also plans to initiate a multi-year exploration drill program of 80,000 to 100,000 metres per year.

Production overview - 2025: gold 151000 oz; 2024: gold 86648 oz.

The mill has a processing capacity of 3,730 tonnes per day, with a potential future maximum output of 4,400 tonnes per day. The process utilises a primary jaw crusher, a semi-autogenous grinding (SAG) mill, a ball mill, and a carbon-in-leach (CIL) circuit.

mill with a capacity of 3,730 tonnes per day, truck and shovel/loader.

mill capacity can be expanded to 4,400 tonnes per day

Metallurgical recovery for the inferred resource is estimated at 85% for gold and 85% for silver as of the end of 2025. Previously, in 2024, the metallurgical recovery was estimated at 90% for both gold and silver. For the 2023 inferred resource, metallurgical recovery was also estimated at 90% for gold and 90% for silver.

over 360 full-time operational jobs and 700 jobs during its construction phase.

The NewRange Project is located in the established Iron Range mining region of northeastern Minnesota and consists of two deposits: NorthMet and Sunrise (formerly Mesaba). The project is currently in the permitting stage. In May 2025, the NorthMet Project was designated as a Transparency Project by the US federal government to prioritise and streamline the federal permitting process.

The NorthMet deposit is planned as an open pit operation. The initial plan for the NorthMet operation is for a processing rate of 32,000 tons per day. NewRange is studying the potential to increase this to 40,000 tons per day.

The planned processing for the NorthMet project will involve a beneficiation plant and a hydrometallurgical plant. The process will include primary and secondary crushing, a new SAG mill and a new ball mill. Ore will be processed through rougher flotation to produce a bulk copper and nickel concentrate, which will then be reground and separated in a cleaner flotation circuit. The hydrometallurgical plant will involve pressure treatment of concentrates and precipitation of gold and platinum group metals.

In partnership with Glencore.

The Zafranal Project is a copper-gold deposit located in the Arequipa Region of southern Peru. The project is currently in the development phase, however, in March 2026, Teck Resources decided to postpone a construction decision, and the project has been transitioned to a state of asset preservation. Early work activities were scheduled to cease in the first quarter of 2026. The focus for 2026 will be on identifying and evaluating opportunities to enhance the business case for a future sanction decision.

Production overview - 2016: copper 3543000000 lbs, gold 891000 oz.

conventional sulphide flotation concentrator with crushing, grinding, flotation, thickening, and filtering

In partnership with Mitsubishi Materials.

During peak construction, the project is expected to employ between 7,500 and 10,000 people. Once in production, it is expected to create between 3,500 and 4,000 long-term jobs, with one source mentioning 6,400 employees and contractors during full production.

The Reko Diq Project is planned as a truck-and-shovel open-pit operation with two open pits, a processing plant, waste rock dumps, and a tailings storage facility. It is currently under development, though Barrick announced a slowdown in development activity and an extended project review until mid-2027 due to escalating security risks.

The mine is expected to produce 200,000 to 250,000 tonnes of copper per year. Phase 1 is designed for an annual output of 200,000 tonnes of copper concentrate and 250,000 ounces of gold.

The project will have processing facilities to produce a high-quality copper-gold concentrate. Construction is planned in two phases, with a combined process capacity of 90 million tonnes per annum.

Construction is planned in two phases. Phase 1 capital cost was estimated at $5.6 billion to $6.0 billion, and Phase 2 at $3.3 billion to $3.6 billion, though Barrick anticipates significant increases to the capital budget and timeline. The project's reconstitution was finalised in December 2022. An Environmental and Social Impact Assessment (ESIA) was completed in 2024 and approved in March 2025.

The San Juan Silver project is an exploration and development-stage underground mine located in the Creede Mining District of Colorado, United States. Hecla Mining Company holds 100% ownership of the project. The project is situated in a significant historical silver-producing region, and for the first time, the entire 21-square-mile Creede Mining District is under single ownership. The project's focus includes the Bulldog Mine, which has a history of producing 25 million ounces of silver between 1969 and 1985. Hecla is strategically advancing the project to access underground infrastructure for resource confirmation and expansion. As of 31 December 2022, the project had an inferred resource of 38.2 million ounces of silver, 34,000 ounces of gold, 49,400 tons of lead, and 39,850 tons of zinc. San Juan Silver is classified as a high-impact development project and was allocated 1% of Hecla's 2025 exploration budget.

The project is in an exploration and development stage and is not currently in production.

The mine has a workforce of 473 people. The majority of personnel reside in the nearby town of Andacollo or the cities of Coquimbo and La Serena.

The Carmen de Andacollo mine is an open-pit copper and gold operation in the Coquimbo Region of Chile, approximately 350 kilometres north of Santiago. It is operated by Compañía Minera Teck Carmen de Andacollo, a joint venture between Teck Resources (90%) and ENAMI (10%). The mine is located at an elevation of 1,000 metres and transitioned to 100% renewable power in September 2020.

Annual copper production in concentrate was 39,600 tonnes in 2023 and 39,700 tonnes in 2024. All payable gold produced is sold to RGLD Gold AG under a streaming agreement.

The mine processes hypogene ore using semi-autogenous grinding and a flotation plant with a capacity of up to 55,000 tonnes of ore per day to produce copper concentrates. Previously, supergene ore was processed through heap leaching and a solvent extraction and electrowinning plant to produce copper cathodes, but these cathode operations ceased in 2023.

The mining equipment fleet includes electric blast hole drills, electric cable shovels, a hydraulic excavator, front-end loaders, and haul trucks with capacities of up to 229 tonnes, supported by various ancillary vehicles.

An operational continuity project is underway to extend the mine's life until 2031. A further extension beyond this date is being studied and will require additional water rights and regulatory approvals. These studies include technical assessments and the collection of environmental baseline data to support an environmental impact assessment.

The Casa Berardi mine is located in northwestern Québec, Canada, approximately 95 kilometres north of the town of La Sarre. The operation is a gold mine, which also produces silver. It has been a combined open-pit and underground mining operation, transitioning to solely open-pit. The ore processing facility has a capacity of 3,730 tonnes per day.

Production overview - 2023: gold 90363 oz, silver 22415 oz.

Ore is transported to a crusher dump pocket, oversized material is broken down and screened before being fed into a primary jaw crusher. The crushed ore is then conveyed to a semi-autogenous grinding (SAG) mill that operates in a closed circuit with a screen, with undersized material directed to a cyclone system.

drilling, blasting, truck and shovel operations, crusher dump pocket, primary jaw crusher, semi-autogenous grinding (SAG) mill, screen, cyclone system

processing facility has potential to be expanded to 4,400 tonnes per day