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Canadian Malartic (Au)

osisko-canadian-malartic-mine
osisko-mining-trucks-at-canadian-malartic
osisko-canadian-malartic-mine

5 % net smelter return (NSR) Royalty


Details:

  • 5% NSR royalty
  • $0.40/tonne on milled ore from outside the current property area for life of mill starting in June 2021

Property Description:

  • 55k tpd open pit, bulk tonnage operation
  • Currently Canada’s largest gold mine
  • Reserves of 7.1 M oz Au1
  • 2016 production: 585 k oz2
  • Q1 2017 production: 142.8 k oz3 (7,483 oz earned for Osisko)
  • Guidance2:
    • 2017: 600 k oz
    • 2018: 650 k oz
    • 2019: 640 k oz
  • Osisko attributable gold ounces2 :
    • 2017: 30.5 to 31.5 k oz
    • 2018: 33.0 k oz
    • 2019: 32.5 k oz
Source: Agnico Eagle, Yamana and Osisko Gold Royalties public disclosure.
(1) Visit the page Reserves and Resources fo full disclosure on reserves and resources.
(2) Based on Agnico Eagle’s press release dated February 15, 2017, titled: “Agnico Eagle Reports Fourth Quarter and Full Year 2016 Results…”.
(3) Based on Agnico Eagle’s press release dated April 27, 2017, titled: “Agnico Eagle Reports First Quarter 2017 Results…”.