Agnico Eagle forecasts 2026 Quebec gold output at 980,000 oz, cash costs $1,116/oz - AEM News | RalliesAgnico Eagle forecasts 2026 Quebec gold output at 980,000 oz, cash costs $1,116/oz
A
AEM• Project updates across the portfolio
- Canadian Malartic’s Odyssey underground ramped to 3,800 tpd in H1 2026; initial production via shaft is expected in Q2 2027.
- Hope Bay outlook calls for 400,000-435,000 oz annual production; initial 11-year mine life starting in 2030.
- Upper Beaver forecast targets about 210,000 oz annual production starting in 2031; a San Nicolás project update is expected in 2027.
2026 guidance for Quebec and Ontario operations
- Agnico Eagle set 2026 guidance for Abitibi Quebec gold production at 980,000 oz; total cash costs at $1,116/oz.
- Abitibi Ontario 2026 guidance targets gold production of 1,030,000 oz; total cash costs at $969/oz.
•
