In this video episode from the Kitco Mining channel, Niels Christensen speaks with Daniel Pare, VP of Quebec operations for Agnico Eagle (NYSE: AEM) one of the largest gold producer in Canada … The 2 discuss the company’s recent acquisition of Yamana Gold and how it solidifies their position as the top dog in the prolific gold structure called the Abitibi Gold Belt.

The Abitibi Gold Belt is a massive geological structure that extends from Quebec to Ontario, and Agnico Eagle has five producing assets in the region … production from those assets in 2022 was about 2 million ounces.

Agnico Eagle’s biggest assets in the Abitibi Gold Belt are the Malartic and Detour mines … estimates peg the Malartic deposit at aprox. 15 million ounces of gold alone … Aginco also has a portfolio of several other projects they can develop in the area to increase production further.

Pare mentions the company’s exploration teams are very active in the Abitibi region looking for new deposits.

See the original video here …

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