The Yukon placer industry has continued to thrive amid strong and rising gold prices. There was a slight increase in activity this past season. A total of 156 operations were active across the Yukon, which was up from 147 in 2023. The Dawson Mining District remained most active, and included 70% of operations in the territory, while the Mayo and Whitehorse districts accounted for 21 and 9%, respectively. A combination of strengthening gold prices, favourable weather, and increased activity resulted in record placer revenue from April 1 to November 1, 2024. The reported placer production in 2024 of 85 799 crude ounces yielded a production revenue of C$230 million, which marks the highest in Yukon’s placer gold production history since 1886. This highlights the industry’s resilience and growth, bolstered by positive economic conditions and advancements in mining technology.
