Canadian Malartic (Au)

Royalty and Terms: 5% NSR royalty on the open-pit at Canadian Malartic, and a $0.40/tonne royalty on any ore sourced from
outside the royalty boundaries processed through the Canadian Malartic mill.
Operator:  Visit Agnico Eagle for more information
Primary Commodity: Gold, Silver
Location: Québec, Canada
Reserves and Resources:
  • Proven and probable reserves of 3,010 koz Au (104.0 Mt @ 0.90 g/t Au)
  • Inferred resources of 132 koz Au (5.6 Mt @ 0.73 g/t Au)
Production:
  • 2020: 568 koz Au
  • 2021: 714 koz Au
  • 2022: 659 koz Au
  • 2023e: 655 to 675 koz Au

Catalysts:

  • Updated study expected in 2023
  • Increased production from the higher-grade Barnat pit
  • 100% consolidation by Agnico Eagle provides regional opportunities to leverage future excess mill capacity (ie. ongoing updates on mill synergies)

More details in the 2023 Asset Handbook

 

 
Canadian Malartic, page 15
Source: Company disclosure and Osisko management estimates.