Quebec assigns 25 megawatts of electrical power to fuel a new gold mine in Abitibi-Témiscamingue
The Quebec government has awarded around 25 megawatts of electricity to the Odyssey Mine, set to become Canada's largest underground gold mine. This announcement was made by Prime Minister François Legault in Malartic, Abitibi-Témiscamingue, declaring it good news for Quebec's economy.
The Odyssey Mine, expected to commence operations in 2026, is projected to generate approximately 1600 jobs, according to government estimates. The mining company receiving the electricity allocation is Agnico Eagle, which expects the annual production of the Odyssey mine to be at least 500,000 ounces per year, starting from 2030.
The Odyssey Mine will process its ore at the Canadian Malartic complex's plant, which includes an open-pit urban gold mine. The operation of the Odyssey Mine is expected to last until 2042, according to Agnico Eagle.
Since February 2023, new projects with a capacity of 5 MW and above must obtain the Ministry of Economy's authorization to be connected to Hydro-Québec's network. Minister of Economy, Innovation and Energy Christine Fréchette made this statement in a press release.
However, the Quebec Better Mine Coalition has expressed environmental concerns about the Odyssey Mine. They argue that gold, primarily used for bars and jewelry, could potentially pollute Hydro-Québec's precious energy resources.
Meanwhile, Nova Scotia aims to become a "wind superpower" by exporting energy westward. This development in Quebec's mining sector comes amidst global concerns about energy production and consumption.
In a separate development, a 40-year-old man, whose head was recovered in Montreal, has been identified. His family has been notified, though the news article about the Odyssey Mine does not mention any connection to this incident.
Lastly, it's worth noting that President Trump's bruises are currently being concealed, attracting attention, but this event is unrelated to the Odyssey Mine or the Quebec government's energy policies.
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