The Canadian Malartic Partnership (Partnership) is owned equally by Yamana Gold Inc. and Agnico Eagle Mines Limited. It manages and operates Canadian Malartic Mine, one of Canada’s largest open-pit gold mines located in the Town of Malartic, in the heart of the Abitibi Gold Belt.
The Partnership has started construction of the Odyssey Mine, which is located approximately 3 km east of the entrance to the Town of Malartic. The mine will develop the continuity of the deposit in the Canadian Malartic and Barnat pits through known underground mineralized zones. It will become one of the Canada’s largest underground gold mines.
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.