Kitco estimates that gold mines in Canada produced 1,488 koz of yellow metal in Q1 2021, which is 7% more than a year before.
The mine had an exceptional first quarter, producing 179 koz of gold, which exceeded plan and greatly, by 38%, exceeded the comparative period in 2020, due to higher grades and recoveries from the ore found deeper in the Malartic pit.
Also, during Q1 2021, the Detour Lake processing plant achieved a new daily throughput record of 80,339 tonnes on March 24, 2021.
Gold production at Canada’s third largest LaRonde mine, owned by Agnico Eagle, increased by 34% when compared to the prior-year period primarily as a result of a higher throughput levels and higher grade.
Gold production at another Agnico Eagle’s Meliadine mine in the first quarter of 2021 increased by 26% when compared to the prior-year period primarily due to higher throughput as Meliadine delivered a strong performance over the quarter with the processing rate at over 4,600 tpd and higher gold grades than planned which resulted from an adjustment in the mining sequence.
Production at Pretium’s Brucejack mine was consistent with 85,795 ounces of gold produced in the first quarter 2021, compared to 82,888 ounces in the first quarter 2020.