Holt Mine Complex consists of three mines: The Holt Mine and Mill and the Holloway Mine, and the Taylor Mine located approximately 68 km by road west of the Holt Mill.
The Holt mill, which is currently on care and maintenance, has a capacity of 3,000 tpd and a fully permitted tailings storage facility. The Company plans to evaluate the potential to integrate a number of satellite deposits with the existing infrastructure in the region.
In 2023, Agnico Eagle expects additional expenses of between $35 to $40 million related to site maintenance costs at Hope Bay, the Holt mining complex and Northern Territory in Australia. |