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Preparation for another blast

The Meadowbank gold project is located in the Nunavut Territory of Canada and initial production is expected to begin in 2010. It has 2.9 million ounces of proven and probable gold reserves. Agnico-Eagle is planning for the capacity of the processing facility to be 8,500 tonnes per day. Preliminary estimates for capital expenditures to bring the project into production are C$375 million. An additional C$65 million is estimated to be spent over the eight-year mine life on sustaining capital.Agnico-Eagle Mines Ltd. The average production rate is anticipated to be 350,000 ounces of gold per year, with a peak production in the range of 400,000 ounces annually in the first four full years. Total cash costs over the mine life are estimated to average C$250 per ounce

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Photo details

  • Uploaded on March 22, 2013
  • © All Rights Reserved
    by Timothy K
    • Camera: Canon EOS REBEL T2i
    • Taken on 2012/07/15 02:22:02
    • Exposure: 0.008s (1/125)
    • Focal Length: 17.00mm
    • F/Stop: f/11.000
    • ISO Speed: ISO100
    • Exposure Bias: 0.00 EV
    • No flash