Advertisement
Canada markets open in 1 hour 22 minutes
  • S&P/TSX

    21,873.72
    -138.00 (-0.63%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • CAD/USD

    0.7313
    +0.0015 (+0.21%)
     
  • CRUDE OIL

    82.98
    +0.17 (+0.21%)
     
  • Bitcoin CAD

    87,194.84
    -3,888.11 (-4.27%)
     
  • CMC Crypto 200

    1,358.35
    -24.23 (-1.75%)
     
  • GOLD FUTURES

    2,340.60
    +2.20 (+0.09%)
     
  • RUSSELL 2000

    1,995.43
    -7.22 (-0.36%)
     
  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     
  • NASDAQ futures

    17,501.25
    -163.25 (-0.92%)
     
  • VOLATILITY

    16.26
    +0.29 (+1.82%)
     
  • FTSE

    8,095.42
    +55.04 (+0.68%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • CAD/EUR

    0.6819
    0.0000 (0.00%)
     

Agnico Eagle sends Nunavat site workers home amid rising COVID-19 cases

Small toy figure and gold imitation are seen in front of the Agnico Eagle logo in this illustration

(Reuters) - Gold producer Agnico Eagle Mines Ltd said on Wednesday it is sending workers from three of its Canadian operations back home for at least three weeks amid rising cases of the Omicron coronavirus variant.

Omicron has swept through Canada and has become the dominant coronavirus variant, causing renewed restrictions in the country's provinces.

Toronto-based Agnico said there have been a total of 13 presumptive cases of COVID-19 since Dec. 18 at its operations of Meliadine, Meadowbank Complex and Hope Bay in Canada's Nunavut territory.

"This reduction in activity is expected to last for the remainder of 2021 and there is expected to be minimal production over this period," Agnico said.

ADVERTISEMENT

The miner said it has increased testing protocols at all its Nunavut operations for remaining workers, adding that it is reviewing its existing COVID-19 protocols ahead of 2022.

(Reporting by Ruhi Soni in Bengaluru; Editing by Maju Samuel)