British Columbia · Mining · updated October 12, 2026

Artemis Gold Blackwater EP2 expansion

Major works on a C$1.44B expansion to 21 Mtpa began ahead of schedule.

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Province
British Columbia
Location
Near Vanderhoof
Sector
Mining
Owner
Artemis Gold
EPC / contractors
EPCM: Lycopodium
Status
Major works construction under way since Aug 2026; on budget
Next milestone
Throughput to 21 Mtpa by Q4 2028
Disclosed cost
C$1.44B (EP2, company) (source)
Construction start
Early works Jan 2026; major works Aug 2026
In service
Q4 2028
Other details
612-person construction camp; gold output to more than 500,000 oz a year

Why it matters for contractors and suppliers

A new SAG and ball mill, earthworks and camp services are bought through Lycopodium's EPCM team, mostly in central B.C.

Want to know when Artemis Gold Blackwater EP2 expansion moves? Status changes, contract awards and tender dates for every tracked project go to subscribers in the mid-month update, alongside the two monthly reports.

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Sources

Supplier registration: B.C. public tenders. How we research: editorial standards.

Frequently asked

What is the status of Artemis Gold Blackwater EP2 expansion?

As of October 12, 2026: Major works construction under way since Aug 2026; on budget. Next: Throughput to 21 Mtpa by Q4 2028.

Who is the contractor on Artemis Gold Blackwater EP2 expansion?

EPCM: Lycopodium. Owner: Artemis Gold.

How much does Artemis Gold Blackwater EP2 expansion cost?

C$1.44B (EP2, company).

What is the timeline for Artemis Gold Blackwater EP2 expansion?

Construction start: early works jan 2026; major works aug 2026; in service: q4 2028.