PRECIOUS METALS

Quebec green lights Malartic extension

Quebec has given its approval to the proposed expansion of the Canadian Malartic gold mine, which will allow access to the Barnat and Jeffrey deposits and extend the mine’s life by six years.

Malartic's development has been complicated since it was found in 2005 beneath the town of Malartic, Quebec

Malartic's development has been complicated since it was found in 2005 beneath the town of Malartic, Quebec

The joint venture of Agnico Eagle Mines (CN:AEM) and Yamana Gold (CN:YRI) produced 585,028oz last year, and has been wading through the provincial approval process on the extension since 2013. Included...

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