Name of the Project
Kittilä gold mine expansion.
Location
The Kittila mine is located in the Lapland region of northern Finland.
Client
Agnico Eagle Finland Oy.
Project Description
The Kittilä mine is the largest gold mine in Europe.
The expansion includes the construction of a 1 044-m-deep shaft at the mine and increasing the capacity of the mine’s processing plant from 1.6-million tonnes a year to two-million tonnes a year.
The project will be phased in over a four-year period and is expected to result in a 50 000 oz/y to 70 000 oz/y increase in gold production at reduced operating costs.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not stated.
Value
€160-million.
Duration
The project is expected to come into operation in 2021.
Latest Developments
Agnico Eagle Finland Oy has awarded Pöyry the engineering, procurement and construction management (EPCM) contract for the expansion of the Kittilä gold mine.
The contract includes services for the gold mine expansion project that will be carried out between 2018 and 2021.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
Agnico Eagle Finland Oy corporate communications, tel +1 416 847-8669, fax +1 416 367 4681 or email media@agnicoeagle.com.