OR Royalties says wall movement halts Canadian Malartic Barnat pit mining, cuts H2 output outlook
PUBT · 2d ago
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- Mining halted at the Barnat open pit at Canadian Malartic following a July 1 rock mass movement on the north wall.
- No injuries, equipment damage, or environmental impact reported; geotechnical work underway to confirm stability and restart mining.
- Agnico Eagle expects 2H 2026 output to fall by about 60,000 to 80,000 ounces of gold at Canadian Malartic.
- Production in 2027 and 2028 could drop by up to about 150,000 ounces of gold per year, pending ongoing assessment.
- OR Royalties holds a 5% NSR on most Barnat pit reserves; 2026 GEO guidance and five-year outlook unchanged.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OR Royalties Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607021700PRIMZONEFULLFEED9756446) on July 02, 2026, and is solely responsible for the information contained therein.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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