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  • September 15, 2023
  • Industry News
Agnico Eagle cuts the ribbon on new shaft at Kirkland Lake

Agnico Eagle Mines celebrated the completion and commissioning of its No. 4 Shaft at the Macassa Mine in Kirkland Lake on Sept. 13.

Construction of the shaft, which started in 2019, was driven down to a depth of 6,395 feet.The 216-foot tall concrete headframe was erected in 11 days.

The $320-million project allows the company to tie into new and future gold reserves in Kirkland Lake while improving operating efficiencies and working conditions.

The ribboncutting was also a commemoration of the Macassa Mine’s 90th anniversary. Regarded as one of the highest grade gold mines in the world, Macassa started production in 1933 and ran up to 1999 when operations were suspended and placed into care and maintenance due to the declining gold prices.

MineConnect congratulates Macassa Mine on its 90th anniversary! 

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Read the full story at Northern Ontario Business.

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