2017 Performance

Powering

Economic Value

Powering Up Our Mining Communities

A joint energy project between Pinos Altos in Mexico and the Municipality of Ocampo is set to power up two local communities and benefit over 120 families in the region.

The “Power Line” project will eventually supply electricity to the communities of Batería de Rodríguez and Jesús del Monte, which are located near our Pinos Altos complex. The project complies with Federal Electricity Commission guidelines which require development projects to provide electricity services locally. Agnico Eagle helped advance the project through numerous government approval stages, and helped develop its design and cost estimates.

With property owner permissions and the required government permits now in hand – from the Secretariat of Environment and Natural Resources and from the Federal Attorney´s Office for Environmental Protection – the project is under development, although a completion date for the project has not been announced.

According to Diony Campos, Superintendent of Community Relations, Pinos Altos mine, “The Power Line project is being financed through the mining taxes Agnico Eagle has paid since we first began mining at Pinos Altos in 2014. Once the power starts permanently flowing to the homes and families in these two communities, so too will the benefits of economic development in the region.”