Agnico Eagle hits commercial production at Meliadine

The Meliadine mine, near Rankin Inlet, Nunavut, has reached its commercial production milestone ahead of schedule, and below the initial capital budget, owner Agnico Eagle Mines announced on Thursday. Initial ore processing started in early February, using low-grade stockpiles.  Pre-commercial payable gold production totalled 47 281 oz, compared with the guided 60 000 oz, while pre-production gold sales totalled 28 855 oz.