Agnico Eagle Mines has received the Type A water license for the Whale Tail pit at its Amaruq gold project, approximately 50 kilometers (km) northwest of its Meadowbank mine in Nunavut, Canada, allowing project development to begin. Preliminary construction work and stripping of the Whale Tail pit is under way, and development remains on schedule and budget for production to start in the third quarter of 2019, coinciding with the end of production at the Meadowbank mine. The Whale Tail pit will supply ore to the existing Meadowbank mill, pending receipt of the required permits. Gold production in 2020 is forecast to be in the range of 260,000 ounces (oz) to 270,000 oz.
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