The Kittilä mine is the largest gold mine in Europe. Mining company Agnico Eagle Finland has announced an expansion investment of approximately 160 million euros at its Kittilä gold mine. A 1,044 metre deep shaft will be built in the mine and, at the same time, the processing plant's processing capacity will be raised from the current 1.6 million tonnes per annum to 2.0 million tonnes per annum.
Agnico Eagle Finland Oy has awarded Pöyry with the Engineering, Procurement and Construction Management (EPCM) assignment for the expansion investment of the Kittilä gold mine. The project will be phased in over four years and is expected to result in a 50,000 to 70,000 ounce annual increase in gold production at reduced operating costs beginning in 2021.
"We are pleased to continue as trusted partner for Agnico Eagle in this remarkable expansion project. During the investment implementation we, together with Agnico Eagle Finland, will pay extra attention to Health & Safety, Environmental, Employees and other Social responsibility related aspects. This assignment further strengthens our position as EPCM service provider in the Mining & Metals sector," says Kalle Rasinmäki, President of Pöyry's Industry business in Finland.