Canadian gold miner Agnico Eagle posted record third-quarter gold production of 476 937 oz, including pre-commercial production of 33 134 oz at the new Amaruq mine, in Nunavut, where commercial production has now been declared.
The strong performance during the September quarter has resulted in the mining company slightly increasing its production guidance for the year, from 1.75-million ounces of gold to a range of 1.77-million to 1.78-million, at an all-in sustaining cost of $875/oz and $925/oz.