Agnico to invest $10B in Ontario operations, province says

AI Summary

Agnico is set to invest C$10 billion into its Ontario operations, with C$2 billion allocated specifically for the Detour Lake underground mining project. This significant investment underscores the company's commitment to expanding its mining capabilities in Canada.

About C$2 billion of Agnico’s planned C$14 billion outlay will go toward the Detour Lake underground project.