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 & Yamana Gold (Canadian Malartic Partnership) for more information
Primary Commodity: Gold, Silver
Location: Québec, Canada
Reserves and Resources:
  • Proven and probable reserves of 3,530 koz Au (100.5 Mt @ 1.09 g/t Au)
  • Measured and indicated resources (exclusive of reserves) of 190 koz Au (4.6 Mt @ 1.28 g/t Au)
  • Inferred resources of 140 koz Au (5.6 Mt @ 0.80 g/t Au)
  • 2020: 568 koz Au
  • 2021: 714 koz Au
  • 2022e: 640 koz Au


  • Increased production from the higher-grade Barnat pit
  • Resource and reserve expansion at the Odyssey Underground Project

More details in the 2022 Asset Handbook


Source: Company disclosure and Osisko management estimates.