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Canadian Malartic hits another gear

Yamana Gold and Agnico-Eagle Mines' C$3.9 billion (US$3.2 billion) acquisition of the Canadian Malartic gold mine in Quebec has started to pay off, with output hitting a record high in the March quarter.

The operation, which started up in 2011 and could be one of Canada's biggest mines when fully ramped-up, produced 135,788oz of gold in the first three months of the year, based on Yamana’s quarterly