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A 21-foot-wide shaft has reached 5,203 feet under a Quebec gold mine whose open pit had part of its north wall move this summer, and its 305-foot headframe is now trading the sinking gear for a production hoist sized for about 22,000 tons a day, with shaft ho - Autonocion

Autonocion via Google News Tier 3 2026-11-14 22:30 UTC 📖 1 min brief Neutral
Gold

AI desk brief

Agnico Eagle expects Barnat pit-wall movement to reduce Canadian Malartic gold output by 60,000–80,000 ounces in this year’s second half and by up to 150,000 ounces annually in 2027–2028. Pit mining resumed September 27 after remediation; the company says Odyssey’s underground construction and output plans remain unaffected. Odyssey completed first-phase shaft sinking July 9 and targets first East Gouldie ore hoisting in next year’s second quarter, subject to schedule. Planned hoisting capacity of about 22,000 tons daily includes rock, not solely ore; these developments primarily affect company supply, with no material bullion-price effect established.

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  1. S1 Autonocion via Google News — A 21-foot-wide shaft has reached 5,203 feet under a Quebec gold mine whose open pit had part of its north wall move this summer, and its 305-foot headframe is now trading the sinking gear for a production hoist sized for about 22,000 tons a day, with shaft ho - Autonocion
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