The Meadowbank mine in the Nunavut Territory of Canada is one of Agnico-Eagle’s largest mines. It has more than 3.5 million ounces of gold in reserves, with tremendous potential for more.
The mine is located in the Kivalliq region of Nunavut, about 2,600 kilometres northwest of Toronto. It is 300 kilometres west of Hudson Bay and 70 kilometres north of Baker Lake, the nearest town. We have a large land position of almost 39,000 hectares.
Meadowbank depends on the annual, warm-weather sealift by barge from Hudson Bay to Baker Lake for transportation of bulk supplies and heavy equipment. A 110-kilometre all-weather road links Baker Lake to the site. An on-site airstrip is used for shipping food and goods and for transporting employees who work on a fly-in, fly-out basis.
Mine commissioning and first gold production from the Portage open pit began in early 2010. The mine is expected to produce an average of 350,000 ounces of gold per year over a nine-year mine life through 2019.
Learn more
2010 Operations Forecast
Meadowbank Overview Video
Technical Report
Expansion
History
Expansion
We are studying the potential of increasing the average daily production rate from 8,500 tonnes to 10,000 tonnes, which would increase the average annual gold production to more than 400,000 ounces. The additional production would come initially from accelerated development of the Goose Island and Portage open pits, and potentially from an underground operation on the southern end of the deposit via ramp access. Study results will be reviewed in mid-2010.
History
1970s – The discovery of uranium in the Baker Lake area results in regional grassroots gold exploration programs over the next decade. Ground is staked around a gold showing in the Meadowbank area.
1983 – Ground is staked around a gold showing in the Meadowbank area.
2003 – Meadowbank is established as a major Canadian gold project.
2005 – Feasibility study results are announced.
2006 – The Nunavut Impact Review Board recommends development of the project. An Inuit Impact Benefit Agreement for the Meadowbank project is signed with the Kivalliq Inuit Association.
2007 – A Development Partnership Agreement is signed with the Nunavut government. Agnico-Eagle acquires the project and accelerates development.
2008 – An all-season road is completed from Baker Lake to the site. In preparation for mining, the East and West Channel dykes are built in Second Portage Lake, and dewatering continues through to mid-2009. Portage mine pre-stripping begins and is carried on through 2009.
2010 – First gold is poured.