Artemis Gold
Artemis Gold Inc. is a Vancouver-based gold and silver producer that operates the Blackwater Mine in central British Columbia, selling produced metals to commodity markets and precious metals streamers including Wheaton Precious Metals and New Gold.
- Company typePublic
- Founded2019
- HeadquartersVancouver, Canada
- Headcount251–500
- GTM typeB2B
- OfferingHardware or Manufacturing
Artemis Gold firmographics
Firmographics- Name
- Artemis Gold
- Legal name
- Artemis Gold Inc.
- Website
- https://artemisgoldinc.com
- Company type
- Public
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Artemis Gold Inc. is a Vancouver-based gold and silver producer that operates the Blackwater Mine in central British Columbia, selling produced metals to commodity markets and precious metals streamers including Wheaton Precious Metals and New Gold.
- Ownership category
- akta.pro rank
Artemis Gold industry classification
Industry- Product category
- Gold Mining
- NAICS
- Gold Ore and Silver Ore Mining (21222)
- SIC
- Gold And Silver Ores (1040)
- akta.pro primary industry
- Gold Mining (IMAKAEAA)
- akta.pro secondary industry
- Silver Mining (IMAKAEAB)
Keywords
Where Artemis Gold is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
Artemis Gold business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Personnel, Supply Chain, Infrastructure, Others
Revenue model
- Gold and Silver Production Sales: Artemis Gold generates revenue primarily through the sale of gold and silver produced from its Blackwater Mine in British Columbia. The company declared commercial production on May 1, 2025 and sells produced metals at market prices.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
Artemis Gold product offering
Product offeringCore offering
Artemis Gold is a Canadian gold and silver producer operating the Blackwater Mine in central British Columbia, approximately 160 km southwest of Prince George. The company produces gold and silver through conventional truck-and-shovel open-pit mining with a whole ore leach processing plant, declaring commercial production on May 1, 2025. Produced metals are sold to precious metals refineries, commodity traders, and through spot market transactions.
Product overview
Artemis Gold Inc. is a Canadian gold and silver mining company that operates the Blackwater Mine in central British Columbia. The company transitioned from mining developer to gold producer with its Blackwater Mine achieving first gold pour in January 2025 and commercial production on May 1, 2025. The company is implementing an Expanded Phase 2 (EP2) development to increase processing capacity from 8 Mtpa to 21 Mtpa by 2028, targeting annual gold production of 500,000+ ounces. Artemis Gold trades on the TSX-V under symbol ARTG and on the OTCQX under symbol ARGTF.
Differentiator
Problem solved
Functional benefit
Products and services
- Blackwater Mine The Blackwater Mine is a gold and silver mining operation located in central British Columbia, approximately 160 km southwest of Prince George. It is one of the largest open-pit gold deposits in Canada, with Phase 1 processing capacity of 8 Mtpa producing gold and silver through a whole ore leach processing plant. Phase 2 expansion targets 21 Mtpa capacity by 2028.
Quantifiable outcome
- Full year 2025 revenue of $913.9 million with adjusted EBITDA of $610.4 million
- +2 more outcomes
Companies that use Artemis Gold
Customer profileSegments1 record
Ideal customer profiles1 record
Artemis Gold technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Artemis Gold partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and secondary.
- MetsocoreMetso secured €39 million contracts to supply crushing and grinding equipment for the Expanded Phase 2 development at Blackwater Mine, including Superior MKIII primary gyratory crushers, Nordberg HP Series cone crushers, and SAG/ball mills. Metso is establishing a service repair facility in Prince George, BC.
- SedgmancoreSedgman awarded €318 million EPC contract for the process plant at Blackwater Mine, providing engineering, procurement, and construction services for the processing facility.
- Nazko First NationsecondaryImpact Benefits Agreement signed with Nazko First Nation whose territories overlap linear infrastructure corridors. Artemis Gold is committed to continuing engagement with Indigenous groups.
- New Gold Inc.coreArtemis Gold acquired 100% interest in the Blackwater Gold Project from New Gold Inc. in August 2020. The acquisition included an initial payment of $140 million, share issuance, and a secured gold stream agreement where New Gold purchases 8% of refined gold production at 35% of spot prices.
- Lhoosk'uz Dene NationcoreA trilateral project participation agreement was signed in 2019 with the Lhoosk'uz Dene Nation and Ulkatcho First Nation on whose ancestral lands the Blackwater Mine is located. Artemis Gold is committed to promoting Indigenous employment and business development.
- Ulkatcho First NationcoreTrilateral project participation agreement signed in 2019 with the Lhoosk'uz Dene Nation and Ulkatcho First Nation, the two Indigenous nations whose traditional territories overlap the Blackwater Mine site.
- Nechako First NationssecondaryImpact Benefits Agreements signed with the Nechako First Nations (including Nadleh Whut'en, Saik'uz, Stellat'en) whose territories overlap linear infrastructure corridors.
Scale indicators16 records
Recent moves11 records
Expansion highlights5 records
Artemis Gold competitors and assessment
Company assessmentDirect peers
- Centerra Gold Inc. Centerra Gold is a Canadian-based gold producer with operating mines and a long-life development project. It is a direct peer given its Canadian listing, comparable mid-cap gold producer profile, and focus on long-life open-pit operations.
- IAMGOLD Corporation: IAMGOLD is a Canadian mid-tier gold producer with operations across the Americas and West Africa. It is a direct peer as a Canadian-listed gold producer of comparable size with similar production growth ambitions and exposure to the gold price cycle.
- Argonaut Gold Inc. Argonaut Gold is a North American-focused gold producer with operating mines and development projects. It is a direct peer as a small-to-mid cap gold producer of comparable scale focused on open-pit operations in North America.
- Equinox Gold Corp. Equinox Gold is a Canadian-focused multi-asset gold producer with several open-pit gold mines. It is a direct peer as a mid-tier Canadian gold producer with comparable production scale, similar staged expansion strategy, and exposure to the same precious metals commodity cycle.
- New Gold Inc. New Gold is a mid-tier Canadian gold producer with operations including the Rainy River Mine. It is a direct peer as it previously owned the Blackwater Gold Project (sold to Artemis in 2020) and retains an 8% gold stream on Blackwater production, making it both a former parent and ongoing counterparty with material economic exposure to Artemis.
- Torex Gold Resources Inc. Torex Gold is a Canadian intermediate gold producer operating the Morelos Complex in Mexico. It is a direct peer as a Canadian-listed mid-tier gold producer of comparable size focused on open-pit mining operations.
- Alamos Gold Inc. Alamos Gold is a Canadian intermediate gold producer with operations in North America and Turkey. It is a direct peer as a Canadian-listed gold producer with comparable production scale and similar staged-growth strategy across its asset portfolio.
- Eldorado Gold Corporation: Eldorado Gold is a Canadian mid-tier gold producer with operations in Canada, Greece, and Turkey. It is a direct peer as a Canadian-listed gold producer with a comparable asset base and production profile, with similar open-pit operations.
Broad incumbents
- Wheaton Precious Metals: Wheaton is the world's largest precious metals streaming company. It is a broad incumbent peer because it holds a CAD $176M silver stream on Blackwater (purchasing silver at 10% of spot) and represents the broader streaming/royalty model that funds precious metals producers like Artemis.
- Endeavour Mining plc: Endeavour Mining is a major intermediate gold producer focused on West Africa. It is a broad incumbent peer as a larger-scale gold producer with comparable open-pit operations and exposure to the same gold commodity cycle.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Artemis Gold social profiles
Digital presenceArtemis Gold financial estimates
Financial estimateRevenue estimate
Valuation estimate
Artemis Gold leadership team
Management profileNumber of profiles
Profiles15 records
Artemis Gold subsidiaries and ownership
Company hierarchySubsidiaries1 record
Artemis Gold funding detail
Funding detailFunding overview
Funding rounds9 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Artemis Gold M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Artemis Gold
What does Artemis Gold do?
Artemis Gold is a Canadian gold and silver producer operating the Blackwater Mine in central British Columbia, approximately 160 km southwest of Prince George. The company produces gold and silver through conventional truck-and-shovel open-pit mining with a whole ore leach processing plant, declaring commercial production on May 1, 2025. Produced metals are sold to precious metals refineries, commodity traders, and through spot market transactions.
Is Artemis Gold a public or private company?
Artemis Gold is a public company. It is classified as public and is currently operating.
When was Artemis Gold founded?
Artemis Gold was founded in 2019. It employs 251 to 500 people.
Where is Artemis Gold based?
Artemis Gold is headquartered in Vancouver, Canada, in the North America region.
How does Artemis Gold make money?
One revenue line is on record: gold and Silver Production Sales.
Who are Artemis Gold's main competitors?
Direct peers on record are Centerra Gold Inc., IAMGOLD Corporation, Argonaut Gold Inc., Equinox Gold Corp., New Gold Inc., Torex Gold Resources Inc., Alamos Gold Inc. and Eldorado Gold Corporation. Broad incumbents are Wheaton Precious Metals and Endeavour Mining plc.
Does Artemis Gold have an API?
No public API is recorded for Artemis Gold.
What industry is Artemis Gold in?
Artemis Gold's product category is Gold Mining. Its primary akta.pro industry code is IMAKAEAA, Gold Mining, with a secondary code of IMAKAEAB, Silver Mining. Its NAICS code is 21222 and its SIC code is 1040.