As of December 2025

The top 10 largest gold mines in Canada are primarily concentrated in Ontario and Quebec. The chart below lists Canada’s largest gold mines, ownership and approximate closure dates. Most have closure horizons stretching into the 2030s or later, with some expected to operate past 2040.  

RankMineProvinceOwnerLikely Closure Date
1Detour LakeOntarioAgnico-Eagle MinesExpansion plans to extend life beyond 2040
2Canadian Malartic (Odyssey Complex)QuebecAgnico-Eagle MinesOpen-pit Barnat closes 2029; Odyssey underground closes 2042
3Meadowbank-Amaruq ComplexNunavutAgnico-Eagle MinesScheduled 2028; may be extended
4MusselwhiteOntarioOrla Mining (acquired from Newmont in 2025)No fixed closure date; reserves support 2035
5EleonoreQuebecDhilmar Ltd (acquired from Newmont in 2025)Still early in mine life; likely last into 2030s
6Porcupine ComplexOntarioDiscovery Silver (acquired from Newmont in 2025)Likely 2035 or later
7HemloOntarioHemlo Ming (Carcetti Capital, acquired from Barrick in 2025)Mature mine; new ownership suggests at least to 2037
8WestwoodQuebecIAMGOLDLife of mine extended to 2032
9Island GoldOntarioAlamos GoldExpansion plans to support production to 2037
10BrucejackBritish ColumbiaNewmont CorporationClosure scheduled for 2035

Key notes:

  1. Detour Lake and Canadian Malarctic are Canada’s flagship mines with production horizons stretching 15- 20+ years.
  2. The most time-sensitive near-term closure is Meadowbank-Amaruk, with closure expected in 2028
  3. Agnico-Eagle (Canadian) and Newmont (U.S.) are the clear leaders, with diversified assets across multiple provinces.

Gold Proficiency

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