Key Facts
Location: Nunavut, Canada
Proven and probable gold reserves*: 3.5 million ounces (34 million tonnes at 3.2 g/t)
Indicated resource*: 1.4 million ounces (26 million tonnes at 1.7 g/t)
Inferred resource*: 0.7 million ounces (10 million tonnes at 2.2 g/t)
Gold production: 2011e – 310,000 ounces
Total cash costs per ounce: 2011e - $700
Secondary metals: n/a
Type of mine: open-pit mining
Estimated mine life: 2010-2019
Employees: 499
Overview
The Meadowbank mine in the Nunavut Territory of northern Canada is one of Agnico-Eagle’s largest mines. It has almost 3.5 million ounces of gold in reserves* (34 million tonnes at 3.2 g/t), with tremendous potential for more.
Can be found here
http://www.agnico-eagle.com/English/Our-Business/Operating-Mines/Meadowbank/Overview/default.aspx
At 3.2g/t Au that comes to
| Total Gross Metal Value($USD) |
$178.85/tonne
|
