Directory

New Porgera Limited expects to employ approximately 3,200 people by the end of 2024. As of late 2025, the workforce was 97 per cent Papua New Guinean.

Production overview - 2026: gold 601 kg; 2025: gold 92000 oz.

The mine utilises both open-pit and underground mining methods. The processing plant includes crushing, grinding, gravity recovery, flotation, autoclaves for pressure oxidation, and a carbon-in-pulp cyanide leaching circuit. In June 2024, a performance test was successfully completed with the aim of achieving an annualised throughput rate of not less than 5 million tonnes of ore.

In the first quarter of 2025, an order was placed for seven new Sandvik surface drill rigs to replace an aging fleet. The order includes four Sandvik DR410i rotary blasthole drill rigs and three Leopard™ DI650i down-the-hole drill rigs. Deliveries of this equipment were expected to begin in June 2025.

The Silver Valley / Star project is an exploration-stage asset owned by Hecla Mining Company, located in the Silver Valley of Idaho, a historically significant silver-producing district. The project is part of Hecla's renewed and expanded exploration efforts within its extensive land package in the region. Currently, the project is in a pre-development phase, with a focus on exploration activities. As of the latest available information, Hecla is working to define the mineral resources at the site. A re-opening study for the historic Star mine was initiated in 2011 to evaluate the mineability of resources, including capital and operating costs.

30-35 (exploration phase)

The Libby Exploration Project (formerly Montanore) is an underground silver and copper project in Lincoln County, Montana, operated by Hecla Mining Company (100% ownership). It is currently in an exploration phase, authorized by the U.S. Forest Service, to determine economic viability and inform future mining plans. This phase involves dewatering and rehabilitating an existing adit, extending and constructing new tunnels for drilling, and is expected to last approximately 16 years. The project is designated under the FAST-41 program to expedite permitting. An inferred mineral resource has been reported.

362 people, consisting of 86 salaried and 276 hourly employees as of January 2022

The Lucky Friday mine utilises the Underhand Closed Bench (UCB) mining method, a patented technique developed by Hecla to manage seismicity in the deep, narrow-vein environment. This method has been credited with enhancing safety and productivity. In 2023, production was impacted by a fire in the mine's secondary egress, which led to a suspension of operations from August. The mine restarted in January 2024 and is expected to ramp up to full production in the first quarter of the year.

Production overview - 2024: silver 4900000 oz; 2023: silver 3086119 oz.

The mine has a conventional silver and zinc flotation concentrator with a capacity of 1,000 tons of ore per day. The process involves primary jaw crushing, secondary and tertiary cone crushing, ball milling, and flotation to produce silver-lead and zinc concentrates. These concentrates are transported by truck to the Teck smelter in Trail, British Columbia, Canada. The coarse mill tailings are mixed with cement and used as backfill underground.

conventional silver and zinc flotation concentrator, primary jaw crushing, secondary and tertiary cone crushing, ball milling

#4 Shaft project

Santa Lúcia is an exploration project located in the state of Pará in the Northern region of Brazil. The project is focused on copper and gold commodities. As of 2021, a maiden mineral resource estimate was announced for the project. Santa Lúcia is envisioned as a potential open-pit mine. The project is part of the Carajás East Hub strategy, where ore from Santa Lúcia would be processed at a central facility, concurrently with ore from the Pedra Branca mine. As of early 2023, the project was in a study phase, with a Pre-Feasibility Study underway and nearing completion. Environmental studies required for the permitting process were submitted in December 2022. In 2024, it was reported that the permitting process for the Santa Lúcia project was granted by SEMAS, the environment agency of Pará State.

ore from Santa Lúcia would be processed at a central facility

part of the Carajás East Hub strategy, where ore from Santa Lúcia would be processed at a central facility, concurrently with ore from the Pedra Branca mine.

approximately 450 people

The Pedra Branca mine is an underground copper and gold project located in the Carajás Mineral District in the state of Pará, north-eastern Brazil. It is an iron oxide copper-gold (IOCG) type deposit, split into east and west zones. Ore is processed at the Antas processing facility, 70km away, using conventional crushing, grinding, and flotation circuits.

full production capacity of approximately 1.0 Mtpa by 2022.

conventional crushing, grinding, and flotation circuits. An ore sorting plant was planned for construction at Pedra Branca.

The mine operates on a fly-in, fly-out basis. During the construction phase, 11% of the labour force was sourced from the local Port Augusta community through employment programs with the Kokatha People.

The mine produces copper concentrate which also contains gold and silver. The mining method is sub-level caving. Development of the mine decline progressed in 2024 to support a future block cave for the lower half of the orebody. Crusher Station 2 was commissioned in March 2024 to increase operational efficiencies for the sub-level cave.

Production overview - 2025: gold 99000 oz; 2024: gold 91000 oz.

Ore is collected from underground and processed using conventional crushing, grinding, and flotation methods to produce copper concentrate. An underground crusher reduces the ore size before it is conveyed to the surface processing facility. The processing plant includes a concentrator, and the process involves three stages of cleaner flotation before the concentrate is filtered and packed. Hydrofloat technology was commissioned in the fourth quarter of FY25 to increase processing throughput.

large-scale underground mining fleet with 21-tonne capacity loaders; 6 kilometres of conveyor belts; central crusher; raise bore services

An expansion is underway to develop the bottom half of the Carrapateena orebody into a block cave, which aims to make the operation multigenerational with low cash costs.

Production overview - 2023: copper 59091 t; 2020: copper 68291 t.

The mine employs large-scale longhole open stoping methods with a combination of cemented rock fill and paste fill. A cemented paste backfill system was commissioned in October 2017. The operation utilises a conventional flotation process and extracts approximately 3 million tonnes of ore per year. The processing plant was planned to be upgraded to a capacity of 3.0 Mtpa by the end of 2023.

The mining fleet is composed of Sandvik machines, including nine TH663i and three TH663 trucks, and seven LH621i and one LH621 LHDs. The fleet also includes four Sandvik DL421 production drills, three Sandvik DD421 development rigs, and a Rhino 100HM boxhole borer. The mine utilises the RCT system for remote loader activities and is implementing the LiveMine system for data recording. Due to the commencement of additional capital development for Lode 1, a new DD421-60C Jumbo was scheduled to arrive on site in late Q3 2022. There was also consideration of upgrading the load and haul fleet with a new LH621i loader and a TH663i truck in the latter half of 2022.

An expansion project for the Lode 1 orebody, located less than a kilometre from the existing lode, was completed in 2024. This project included significant underground capital development and major upgrades to the ventilation and paste plant facilities. Stoping in the new lode began in the third quarter of 2023. The Lode 1 expansion is expected to enable the operation to deliver 3 million tonnes per annum. Exploration is ongoing, with a focus on untested potential at depth. Barrick and Ma'aden have also signed new joint venture agreements for two additional exploration projects, Jabal Sayid South and Umm Ad Damar.

approximately 3,200 people by the end of 2024

Porgera mine reopened 22 Dec 2023 after care and maintenance since April 2020. First gold poured Q1 2024, full production expected Q3 2024 under New Porgera Limited.

Production overview - 2024: gold 5.85 t.

The ore processing plant includes crushing, grinding, gravity concentration, flotation, pressure oxidation, and carbon-in-pulp (CIP) and carbon-in-leach (CIL) cyanide leaching.

The open pit operation utilises hydraulic excavators and haul trucks. In the first quarter of 2025, an order was placed for seven new Sandvik surface drill rigs, including four DR410i rotary blasthole drill rigs and three Leopard™ DI650i down-the-hole drill rigs, to replace the existing fleet. Underground mining uses conventional drill and blast methods.

3173 (2025)

The mine is owned by Kibali Goldmines SA, a joint venture effectively owned by Barrick Gold Corporation (45%), AngloGold Ashanti (45%), and Société Miniére de Kilo-Moto (SOKIMO) (10%). It is operated by Barrick Gold.

Production overview - 2025: gold 673000 oz; 2024: gold 309000 oz.

The mine has a twin-circuit sulphide and oxide plant with conventional carbon-in-leach (CIL) and gravity recovery.

Exploration efforts are focused on the ARK-KCD corridor, which shows potential to significantly extend the mine's life by growing the reserve base. The Kalimva, Ikamva and Ndala satellite pits are being mined under contracts with local businesses.

Accommodation for the construction workforce

Yarri (Onslow Construction Village) is a temporary construction village, workers village, and mining camp, serving as a support facility and accommodation for the workforce of the Onslow Iron project in the Pilbara region of Western Australia.

35 million tonnes of iron ore per year

truck maintenance facility

337 contractors

The Guayabales project is an exploration-stage asset in the Middle Cauca belt, Colombia, focused on gold, silver, copper, and tungsten mineralisation. Exploration has identified several target zones, including the Apollo, Olympus, Donut, and Trap targets. The Apollo system is described as a large-scale, bulk-tonnage, high-grade gold-silver-copper-tungsten deposit.

Up to 500 people (FIFO camp), reduced by 190 positions in late 2024

Production overview - 2024: lithium 68000 t.

Ore is processed through a crushing plant and a Dense Media Separation (DMS) concentrator. The DMS plant has an annual production capacity of approximately 600,000 tonnes of spodumene concentrate, producing two grades (typically 5% and 3.5% Li2O). A plant upgrade in March 2019 increased nameplate capacity to 450,000 tonnes per annum of spodumene concentrate with 6% lithium content. Construction on a flotation plant is underway.

crushing plant, Dense Media Separation (DMS) concentrator, flotation plant

Preliminary development works for an underground mining operation commenced in early 2024, but deferred due to market conditions. Underground Mineral Resource increased to 19.3 million tonnes at 1.22% Li2O as of 31 January 2024. In June 2025, MinRes and Ganfeng Lithium committed $150 million each for capital expenditure, including mine development and processing plant upgrades.

approximately 1,800 workers (for the Meadowbank Complex, which includes Amaruq operations)

Amaruq, a satellite mine of the Meadowbank Complex, is operated by Agnico Eagle Mines Limited in Nunavut, Canada. It is a combined open-pit and underground gold-silver operation that achieved commercial production from its open-pit in September 2019 and underground in August 2022. The mine life has been extended to 2030.

Production overview - 2022: gold 373784 oz.

Ore transported via a 64-kilometre road to the Meadowbank mill for processing. Conventional circuit involving crushing, grinding, gravity separation, cyanidation, and a carbon-in-pulp system to recover gold. Final product is doré bars.

long haul, off-road type trucks, fleet of 20 trucks capable of hauling 150 tonnes each, TETRA system, over 500 radios installed in light and heavy equipment (pickup trucks, drills, scoops, jumbos, loaders, graders, forklifts)

Additional infrastructure constructed for Amaruq site including a truck shop and warehouse, fuel storage facilities, and a second accommodation facility.

The Anza Project is no longer operated by Agnico Eagle Mines Limited. As of November 2024, the project is 100% owned by Orosur Mining Inc., a minerals explorer and developer. This follows Orosur's acquisition of the joint venture company, Minera Monte Aguila, previously owned by Newmont Corporation and Agnico Eagle Mines. The project is currently at an exploration and resource definition stage. It is located in the Municipality of Anzá, in the Department of Antioquia, Colombia, approximately 82 kilometres west of Medellín. The primary commodity is gold, with some occurrences of copper. A maiden Mineral Resource Estimate (MRE) has been completed for the Pepas deposit, assuming a conventional open-pit mining method and a conceptual processing flowsheet including gravity concentration and cyanidation.

Preliminary metallurgical test work has been conducted, and a conceptual processing flowsheet has been developed. This includes crushing and grinding, followed by a combination of gravity concentration and cyanidation to recover the gold.

Other prospects within the Anza Project, including APTA and El Cedro, are subject to ongoing exploration.

The Santa Gertrudis property was the site of a historic heap leach operation that produced approximately 565,000 ounces of gold at a grade of 2.1 g/t gold from 1991 to 2000.

The company is evaluating a potential production scenario that involves a heap leach for lower-grade mineralisation and a small mill facility to process higher-grade ore.

The San Nicolás project is a 50/50 joint venture between Agnico Eagle Mines Limited and Teck Resources Limited, held by Minas de San Nicolás, S.A.P.I. de C.V. (MSN). It is currently in the permitting and engineering phase, with a feasibility study expected in the first half of 2025. An Environmental Impact Assessment and Permit application was submitted in the first half of 2023. Engineering is advancing with a target to complete 50% by mid-2026. First production is expected in 2026.

The mine is expected to produce 63 thousand tonnes per annum of copper and 147 thousand tonnes per annum of zinc in concentrate over its first five years of production.

The project's pre-feasibility study assumes a conventional flotation plant to produce copper and zinc concentrates.

Marban is an advanced gold exploration project that could support a satellite open-pit mining operation to feed the Canadian Malartic complex mill. A technical evaluation envisions a 14,000 to 16,000 tonnes per day open pit operation. The project is expected to contribute an average of approximately 130,000 ounces of gold per year to the Canadian Malartic complex. Production could start as early as 2033.

The Marban project is expected to contribute an average of approximately 130,000 ounces of gold per year to the Canadian Malartic complex. A technical evaluation envisions a 14,000 to 16,000 tonnes per day open pit operation. Production could start as early as 2033.

Ore from the Marban project will be processed at the 60,000-tpd-capacity Canadian Malartic mineral processing facility.

In March 2025, Agnico Eagle Mines Limited acquired 100% of O3 Mining Inc., which included the Marban project. A technical evaluation was completed in the fourth quarter of 2025, which updated the probable mineral reserves to 1.58 million ounces of gold (51.6 million tonnes grading 0.95 g/t gold) as at 31 December 2025. The impact assessment for the Marban Gold Mine Project is currently suspended as of February 2023 at the request of the proponent. Agnico Eagle plans to integrate new drilling into an optimised pit design in 2026 and assess opportunities to redeploy mobile equipment from the Barnat pit at Canadian Malartic to minimise capital expenditures.

Agnico Eagle acquired the Wasamac project on March 31, 2023. A technical review of the project has been underway since the acquisition. The federal impact assessment process for the project was terminated on December 4, 2024, as the company could not complete the required studies within the legislated timeframe. The new project plan, which involves processing ore at an existing facility, may no longer meet the criteria for a federal impact assessment. The provincial environmental assessment process is still required and is expected to resume in 2026. The project envisions an underground long-hole stoping operation with cemented rockfill. There will be a single underground access ramp. Drilling activities were carried out in late 2024 and early 2025.

Estimated production is between 3,200 and 4,000 tonnes per day. A planned mining rate of approximately 3,200 tonnes per day is envisioned. Average annual gold production is expected to be approximately 90,000 ounces.

Ore will be transported by truck to the Canadian Malartic Complex for processing. The project will not have an on-site processing plant or tailings storage facility. Waste rock generated during construction will be progressively returned underground as backfill.

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.