Magino: One of The Highest-Grade Open-Pit Gold Mines Magino has indeed made the list. If I recall correctly, it’s only been in commercial production for a quarter. Yet, it’s already among the highest-grade open-pit gold mines of scale in Canada. Quite impressive, isn’t it?
The image originates from a presentation by Equinox Gold about the Greenstone project. Let’s not forget that among producers, Magino Gold Mine holds the second position for highest-grade open-pit gold mine in Canada!
The photo contains the highest-grade open-pit gold mines currently in production, arranged from the top to the bottom, starting with the highest grade and ending with the lowest grade:
1. Rainy River
2. Magino
3. Detour Lake
4. Canadian Malartic
5. Dublin Gulch
6. Mt Milligan
Subsequent to the completion of optimization and expansion, Magino Gold is projected to become the 4th largest open-pit gold producer in Canada!
I think the outcomes of the program converting resources to reserves could potentially enhance the reserve grade, which might position Magino as the top highest-grade open-pit gold mine in production in Canada.