Agnico Eagle’s Hope Bay Gold Project Reaches 13% Construction as 2030 Target Holds
Agnico Eagle Mines reported that construction at its Hope Bay gold project in Nunavut, Canada, reached approximately 13% completion by September 30, 2026, following its US$2.4 billion investment decision in May. With first gold targeted for 2030, the development is entering a critical execution phase, with Arctic logistics, underground development and regulatory approvals shaping the path towards production.
Agnico Eagle said construction at its Hope Bay gold project in Nunavut, Canada, was approximately 13% complete as of September 30, 2026. In its third-quarter 2026 results, released on October 28, the company said the project remained on schedule for construction completion in 2029, with first gold production expected in…
By Salini Krishnan 5 min read
