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Agnico Eagle Plans 20%-30% Growth via Odyssey Shift and Hope Bay Restart

Agnico Eagle Mines logoAgnico Eagle Mines
Sig2.88Sen+4.63Env-2.55Soc-0.75Gov+0.60

Agnico Eagle is shifting from a large open pit to the Odyssey underground mine, expected to free about 40,000 tons per day of processing capacity at its existing plant. The company is continuing to drill at Odyssey and is studying whether a second shaft is needed. In Nunavut’s Hope Bay, it has begun construction after restarting the project, aiming for a mine life of more than 10 years.

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