The corporate determined to ship dwelling the Nunavut-based workforce (Nunavummiut) from the Meliadine, Meadowbank and Hope Bay operations in addition to its Nunavut exploration initiatives.
Because of the discount, the corporate expects manufacturing to be minimal over this era. It’s also reassessing present protocols in preparation for a resumption of actions anticipated in early 2022.
All Nunavummiut staff, presently on-site, shall be despatched dwelling and people which can be at present off-site is not going to return to work presently for a interval of a minimum of three weeks.
Shares of Agnico Eagle have declined 25.4% in 2021 in contrast with a 13.3% fall of the business.
Final yr, miners working in distant places in Canada, together with Agnico, sent home Indigenous workers and restricted contact between fly-in staff and communities to reduce the chance of spreading covid-19. The extremely transmissible Omicron variant of the virus now threatens a wave of recent disruptions, even after the roll-out of vaccines and vaccine mandates this yr.
Nunavut is extending its “circuit-breaker” lockdown as an increase in covid-19 circumstances pushes the territory’s healthcare system to a breaking level.
The territory’s chief public well being officer, Dr. Michael Patterson, mentioned Wednesday the province has 74 circumstances in eight communities after counting zero circumstances on Dec. 21.