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OR Royalties says Barnat pit wall movement halts mining at Canadian Malartic complex

PUBT · 2d ago

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OR Royalties says Barnat pit wall movement halts mining at Canadian Malartic complex

OR Royalties flagged a July 1 north-wall rock movement at Agnico Eagle’s Barnat open pit at Canadian Malartic in Quebec.
No injuries, equipment damage, or environmental impact reported; mining in the Barnat pit temporarily suspended pending a geotechnical assessment.
Agnico Eagle expects a 2026H2 production hit of 60,000-80,000 ounces of gold at Canadian Malartic.
Output in 2027-2028 could fall by up to 150,000 ounces of gold per year; Barnat pit previously expected to be mined out by early 2029.
OR Royalties holds a 5% NSR royalty on most Barnat pit reserves; 2026 delivery guidance, 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 on July 02, 2026, and is solely responsible for the information contained therein.

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