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Home > Osisko - Hammond Reef > Articles > Canadian Malartic
Osisko - Hammond Reef

Canadian Malartic

Canadian Malartic

Jun 27, 2020

Canadian Malartic, 25 km west of Val-d’Or in northwestern Quebec, is the largest operating gold mine in Canada. The large open-pit mine and plant built by Osisko Mining Corp. began commercial production in May 2011. In June 2014, Agnico Eagle and Yamana Gold acquired Osisko and created the Canadian Malartic General Partnership that owns and operates the mine. Agnico Eagle and Yamana each have an indirect and direct 50% ownership interest in the Partnership.

Mine Type
Open Pit
 
2019 production (Agnico Eagle’s 50% share)
Production - 331,459 oz gold
 
2019 production costs
$628/oz gold
 
2019 total cash costs
$606/oz gold
 
Gold reserves
2,389,000 oz
 
Mine life
6 years
 
Overview
Canadian Malartic is one of the world’s largest gold mines. The 55,000-tonnes/day open-pit mine and plant produced 662,918 ounces of gold in 2019 (100% basis, and not including pre-commercial production from the Barnat pit). Mine life is expected to last through 2026.
 
Proven and probable mineral reserves total 2.39 million ounces of gold (67 million tonnes at 1.11 grams/tonne gold) on a 50% basis, as of December 31, 2019.
 
The Barnat extension project is allowing the Partnership to access the Barnat deposit. Pre-commercial production activities started at Barnat in late 2019, following completion of the deviation of Highway 117 in late 2019, with 3,137 ounces of gold produced during the fourth quarter of 2019 (50% basis).
 
The Odyssey, East Malartic, Sladen and Sheehan zones as well as the new East Gouldie Zone discovered in late 2018 are currently being explored and studied to determine their potential to provide new sources of ore for the Canadian Malartic mill.
 
Geology
The property lies in the southern margin of the eastern portion of the Archean-age Abitibi volcanic belt, mainly within the Pontiac Group of metasedimentary rocks. The Canadian Malartic property, together with the recently acquired adjacent Rand Malartic and Midway properties, cover in excess of 25 km along the Cadillac-Larder Lake deformation zone. The properties are underlain to the north by the Cadillac Group, in the centre by the Piché Group and in the south by the Pontiac Group. The mineralized zones are mostly located in the northern part of the Pontiac Group and in the Piché Group in proximity to the Cadillac-Larder Lake deformation zone.
 
Mineralization
Canadian Malartic is a large-tonnage, low-grade Archean gold system, consisting of a widespread shell of disseminated gold-bearing pyrite mineralization hosted by porphyritic felsic to intermediate intrusions and altered metasediments. The system is open to the west and to the south at depth. Mineralization in the Barnat deposit is largely along the southern edge of the Cadillac fault zone. The two deposits contain the bulk of the current mineral reserves and are part of one large pit. The Jeffrey and Gouldie deposits, a few hundred metres east and south of the pit, respectively, contain some of the mineral resources.

 


Source: https://www.agnicoeagle.com/English/operations/operations/canadian-malartic/default.aspx

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Career Opportunities
Heavy Duty Equipment Mechanic

Reporting to the Maintenance Supervisor, the Heavy Duty Equipment Mechanic will perform his/her duties as a member of the Maintenance Department and collaborate with other departments of the division. 
General Trainer

Reporting to the Training Coordinator, the General Trainer will perform his/her duties as a member of the Training Department and collaborate with other departments of the mine.
Organizational Development Coordinator

Reporting to the Manager of People, the Organizational Development Coordinator is responsible for developing training programs.
Underground Engineering Coordinator

Reporting to the Engineering Superintendent, the Underground Engineering Coordinator will perform his/her duties as a member of the Engineering Department and collaborate with other departments of the division. 
Open Pit Production Geology Technician

Reporting to the Open Pit Geology Coordinator, the Open Pit Production Geology Technician is part of the Geology Department and collaborates with other departments of the mine.
Energy Maintenance Supervisor

Reporting to the Energy and Infrastructure General Supervisor, the Energy Maintenance Supervisor is part of the Energy & Infrastructure Department and collaborates with other departments of the mine. 
Fixed Equipment Operator

Reporting to the Maintenance Supervisor, the Fixed Equipment Operator will perform his/her duties as a member of the site services departments and collaborate with other departments of the division. 
Human Resources Coordinator

Under the supervision of the Human Resources Superintendent, the Human Resources Coordinator will structure, maintain and enhance the organization's Human Resources to support the Meliadine Mine. 
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