Detour Lake was the largest gold mine in Canada in Q3 2021; top 10 local mines up production 12% – report – by Vladimir Basov (Kitco News – January 17, 2022)

https://www.kitco.com/

(Kitco News) – Kirkland Lake Gold’s Detour Lake mine was the largest gold operation in Canada in Q3 2021 by production. The top 10 domestic gold mines increased output by 12% in Q3 2021. Kitco ranked the top 10 largest gold mines in Canada in Q3 2021 based on publicly reported production figures.

Kirkland Lake Gold’s Detour Lake mine was the largest gold mine in Canada in Q3 2021 and achieved record quarterly production of 189,233 ounces. The 189,233 ounces of production was 35% higher than the 140,067 ounces produced in Q3 2020 and increased 14% from the previous quarterly record of 165,880 ounces in Q2 2021.

The increase in production quarter over quarter mainly reflected a 5% increase in tonnes processed as well as an 8% improvement in the average grade with mining during the quarter focused largely on high-grade areas as part of the Phase 2 mining plan.

Jointly owned by Yamana Gold and Agnico Eagle, Canadian Malartic was the second largest gold mine in Canada in Q3 2021. Canadian Malartic had a strong third quarter in line with plan, after an exceptional second quarter due to higher grade, delivering quarterly production of 174 koz that exceeded plan.

For the rest of this article: https://www.kitco.com/news/2022-01-17/Detour-Lake-was-the-largest-gold-mine-in-Canada-in-Q3-2021-top-10-local-mines-up-production-12-report.html