Canadian Malartic was the largest gold mine in Canada in 2019.
The following is the list of top five largest gold mines in Canada created by Mines and Metals on the basis of companies’ reports.
With 669 kozt of gold mined in 2019, Agnico Eagle / Yamana Gold’s Canadian Malartic mine was the largest gold producing center in Canada, followed by Kirkland Lake’s Detour Lake and Pretium Resources’ Brucejack mines. Fourth largest gold operation in Canada was Agnico Eagle’s LaRonde mine. New Gold’s Rainy River mine is closing the top five list.
Rainy River was the only mine in top five list that increased its gold output in 2019.
The detailed analysis is below.
Largest gold mines in Canada
Canadian Malartic, 25 km west of Val-d’Or, northwest Quebec, is the largest operating gold mine in Canada. The large open-pit mine and plant built by Osisko Mining Corp. began commercial production in May 2011. In June 2014, Agnico Eagle and Yamana Gold acquired Osisko and created the Canadian Malartic General Partnership that owns and operates the mine. Agnico Eagle and Yamana each have an indirect 50% ownership interest in the Partnership. Gold production for the full year 2019 decreased when compared to the prior-year period due to lower grades resulting from less flexibility in the mining sequence. A reduced mining footprint and a higher density of underground openings in the Canadian Malartic pit has limited the access to higher-grade tonnes, which will be supplemented by lower-grade stockpiles in 2020.
Read more about Canadian Malartic mine here.
2. Detour Lake.
The Detour Lake open pit mine is located in northeastern Ontario, approximately 300 kilometres northeast of Timmins and 185 kilometres by road northeast of Cochrane, within the northernmost Abitibi Greenstone Belt. The operation is situated in the area of the historic Detour Lake open pit/underground mine operated by Placer Dome which produced 1.8 million ounces of gold from 1983 to 1999. Detour Gold acquired the property in January 2007, completed a feasibility study in June 2010 and commenced gold production in February 2013. The Detour Lake operation has a mine life of approximately 22 years with an average gold production of 659,000 ounces per year, and includes the development of the West Detour project which is currently being permitted. Kirkland Lake Gold completed acquisition of Detour Gold on January 31, 2020.
Read more about Detour Lake mine here.
The Brucejack Mine is a high-grade gold underground mine located in northwestern British Columbia, approximately 65 kilometers north of Stewart. A year-round, all-weather access road connects the mine to Highway 37. The mine’s operations and camps are fully grid-powered, with diesel backup available. The mine began commercial operation in July 2017. During the year ended December 31, 2019, the Brucejack Mine produced 354,405 ounces of gold and 516,977 ounces of silver. Gold production decreased 6% compared to the comparable period in 2018 where Pretium produced 376,012 ounces of gold. The decrease in production was primarily the result of a decrease in head grade partially offset by an increase in tonnes milled.
Read more about Brucejack mine here.
LaRonde is Agnico Eagle’s flagship mine, located in the Abitibi region of northwestern Quebec. LaRonde has produced almost 6 million ounces of gold since it opened in 1988. LaRonde’s 2.2-km deep Penna Shaft is now the deepest single-lift shaft in the Western Hemisphere. LaRonde Gold production for the full year 2019 was essentially the same when compared to the prior year period.
Read more about LaRonde mine here.
5. Rainy River.
Rainy River Mine located 65 km northwest of Fort Frances, Ontario, in the southern half of Richardson Township. Rainy River commenced processing ore on September 14, 2017 and completed its first gold pour on October 5, 2017. Commercial production followed on October 19, 2017. Development of the underground mine began in the second half of 2018. The mine occupies approximately 6,050 hectares, comprising 87 patented mining rights and surface rights claims (including eight leasehold interest mining rights and/or surface rights claims). In addition, New Gold has a land package of approximately 17,240 hectares surrounding the mine site, including patented mining rights and/or surface rights and unpatented claims. All unpatented claims are in good standing and assessment work credits are sufficient to maintain that standing for several years.
Read more about Rainy River mine here.
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