Effective March 2023, Agnico Eagle Mines Limited became the sole owner of the Canadian Malartic Mine and the Odyssey Mine that it manages and operates.
The Canadian Malartic Mine, one of Canada’s largest open-pit gold mines, is located in the Town of Malartic, in the heart of Québec’s Abitibi Gold Belt.
The Odyssey Mine, which is being built at a location approximately three kilometres east of the entrance to the Town of Malartic, will develop the continuity of the deposit in the Canadian Malartic and Barnat pits through known underground mineralized zones. It will become one of Canada’s largest underground gold mines.
The Canadian Malartic Mine will continue to operate until 2029 by mining the Barnat pit. The Odyssey Mine’s life is expected to last until 2039.