32 www.resourceworld.com
A U G U S T / S E P T E M B E R 2 0 1 9
Besides being a pro-mining jurisdiction
with very prospective geology for a vari-
ety of minerals and metals (gold, copper,
zinc, lead, nickel, potash, lithium, iron,
diamonds, niobium, tantalum, rare earths,
titanium, cobalt, gypsum), explorers find
Québec particularly attractive as the prov
-
ince provides a 34% rebate on exploration
expenses that can be used for work in the
following year.
Below are profiles of various Québec
mines and exploration projects.
Agnico-Eagle Mines Ltd. [AEM-TSX,
NYSE] has a 50% interest in the Canadian
Malartic gold mine (Yamana Gold Inc.
[YRI-TSX; AUY-NYSE], 50%) 25 km west
of Val d'Or. For 2018, Agnico Eagle's 50%
share of production was 348,600 oz gold
and 437,000 oz silver.
Agnico also owns the La Ronde gold-
silver-copper-zinc mine 60 km west of Val
d'Or. For 2018, production was 343,686
oz gold, 1.0 million oz silver, 7,864 tonnes
zinc and 4,193 tonnes copper. The under
-
ground LaRonde Zone 5 Mine on the
Bousquet property is immediately west of
the LaRonde mine complex. It achieved
commercial production on June 1, 2018
and produced 18,620 oz gold last year. In
Val d'Or, Agnico's Goldex gold mine pro
-
duced 21,167 oz gold in 2018.
Agnico Eagle and Chantrell Ventures
Corp. [CV.H-TSXV] have been separately
bidding to acquire all the outstanding
shares of Alexandria Minerals Corp.
[AZX-TSXV; ALXDF-OTCQB; FSE].
Arianne Phosphate Inc. [DAN-TSXV;
DRRSF-OTC; JE9N-FSE] is developing
the large, 100%-owned Lac à Paul phos
-
phate project located about 200 km north
Exploration
and Mining
in Québec
by Ellsworth Dickson
MINING AND MINERAL EXPLO-
RATION IN QUÉBEC CONTINUE
TO PLAY A MAJOR ROLE IN
THE ECONOMY OF LA BELLE
PROVINCE, ONE OF THE
WORLD'S MOST
ATTRACTIVE JURISDICTIONS
FOR MINING. FOR 2017,
MINERAL SHIPMENTS
TOTALLED $9.47 BILLION. FOR
2018 IT WAS 10.26 BILLION.
THE FORECAST FOR 2019 IS
10.76 BILLION AS TABULATED
BY QUÉBEC'S INSTITUT DE LA
STATISTIQUE. QUÉBEC HAS
THE MOST METALS MINES OF
CANADA'S PROVINCES AND
TERRITORIES AT 21.
QUÉBEC
