Placer Mining Remains Robust
156 active placer operations in 2024, with the Dawson District accounting for ~70% of activity. 2024 placer output reached 85,799 crude oz (~C$230M revenue), the highest production since 1886.
Hard Rock Operations
Victoria Gold's Eagle Mine
The Eagle Mine, a heap-leach gold operation near Mayo, suffered a heap leach failure on June 24, 2024, prompting ongoing government oversight and environmental monitoring. Updates continue to be released as remediation progresses.
Hecla's Keno Hill
Keno Hill (silver) continues to be a key producer following Hecla's 2022 acquisition of Alexco. The high-grade silver district shows ongoing ramp-up and portfolio growth.
Industry Outlook
Yukon mining balances heritage placer operations with modern hard-rock projects, navigating environmental standards, community engagement, and market dynamics. The territory remains a significant contributor to Canada's precious metals production.