Canadian Malartic (Au)

Royalty and terms:
  • 5 % net smelter return (NSR)

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

Operator:  Agnico Eagle & Yamana Gold

Visit Agnico Eagle & Yamana Gold for more info

Primary Commodity: Gold
Location: Malartic, Quebec
Reserves and resources:
  • Proven and probable reserve of 4.43 M oz Au (122.9 million tonnes grading 1.12 g/t Au)
  • Measured and indicated resources of 0.03 Moz Au (1.4 million tonnes grading 0.57 g/t Au)
  • Infered resources of 0.17 Moz of Gold (7.06 million tonnes grading 0.74 g/t Au)
Status: Production
Current Production:
  • 55k tpd open pit, bulk tonnage operation

Currently Canada’s largest gold mine

Source: Company disclosure and Osisko management estimates.