Yamana, Agnico Eagle ok $1.3bn in construction at Canadian Malartic
The underground project will extend the life of Canada’s largest operating open pit gold mine – to 2039.
The underground project will extend the life of Canada’s largest operating open pit gold mine – to 2039.
Company expects to increase production at the mine by 22% this year to between 270,000 and 290,000 ounces of gold.
Mali mine complex delivered 680,215 ounces of gold in 2020.
Mud rush at gold-copper mine in B.C killed one worker and injured two on February 2.
Deal covers all the miner's projects in northern Greece, which have repeatedly stalled over licensing delays and environmental concerns.
Continued exploration and the conversion of resources to reserves have allowed Barrick to extend the Ivory Coast mine's life.
The board also appointed CFO Kathleen Quirk as president.
Company has reported progress with the turnaround at its gold mine in Timmins, Ontario.
Company achieved its highest ever annual copper production of 779kt in 2020, an 11% increase from 2019.
Restrictions imposed in Argentina towards the end of the year impacted its Cerro Moro gold-silver mine.