Agnico Eagle executive chair makes $20 million
Mining News Pro - Agnico Eagle Mines Ltd. has the largest executive paycheque among major Canadian miners for 2022 – and the biggest problem with unhappy shareholders.
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Agnico Eagle CEO mulls move to go big or get small in Australia
Mining News Pro - Agnico Eagle Mines Ltd. is weighing what to do with its only Australian gold mine after landing two big takeovers within two years that turned the Canadian company into the world’s third-largest gold producer.
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Agnico Eagle shares sink despite posting record gold production in 2022
Mining News Pro - Agnico Eagle Mines delivered solid operating performance in a challenging cost and workforce environment during the fourth quarter and throughout 2022, with payable gold production of nearly 800,000 ounces and 3.14 million ounces in these periods respectively, the company said on Friday.
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Agnico Eagle, Pan American to buy Yamana Gold in $4.8bn deal
Mining News Pro - Toronto-based Yamana said on Tuesday it had inked a deal with the two precious metals miners after South Africa’s Gold Fields (JSE, NYSE: GFI) waived on Monday its right to match the rival bid.
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Pan American and Agnico Eagle enter bidding war for Yamana
The proposed Gold Fields deal, initially valued at $7.25 billion when it was announced on May 31, is currently valued at $5 a share.
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Gold mining stocks set for revival, Agnico chairman says
Mining News Pro - Gold mining stocks that have lagged bullion gains over the past year are set to move higher as the industry steps up dividends and buybacks, according to Agnico Eagle Mines Ltd. Executive Chairman Sean Boyd.
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Detour Lake high-grade assays expand resources for Agnico Eagle
Mining News Pro - Agnico Eagle Mines is well on its way to growing open pit resources at its Detour Lake gold mine 300 km northeast of Timmins, Ontario, with drill results returning high-grade intervals at the future West pit.
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Kirkland Lake Gold hits production record ahead of merger with Agnico Eagle
Mining News Pro - Kirkland Lake Gold ended its final quarter before its combination with Agnico Eagle Mines on a high note – with record production of 380,470 oz. gold achieved across its three operations.
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Agnico Eagle exploration spending to hit record $163 million in 2021
Mining News Pro - Agnico Eagle Mines is on track to set a record with its 2021 exploration spending. This year’s budget is now $163 million, compared to $113 million in 2020.
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LaRonde, Meliadine lead Agnico Eagle to record quarterly gold output
Mining News Pro - Agnico Eagle Mines has reported third-quarter net income of $114.5 million and a dividend of $0.47 per share. This represented a drop of about half from the third quarter of 2020 when net income was $222.7 million.
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Agnico Eagle and Kirkland Lake Gold merger likely the last major deal in Canada
Mining News Pro - The mega-merger of Agnico Eagle Mines and Kirkland Lake Gold unveiled to the market on September 28 “makes a lot of strategic sense” but is likely to be the last blockbuster M&A deal by a major in the Canadian mining sector, according to Haywood Securities mining analyst Kerry Smith.
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Agnico Eagle, Kirkland Lake create new gold giant in $10bn merger
Mining News Pro - Canadian gold miners Agnico Eagle Mines and Kirkland Lake Gold announced on Tuesday they are combining their businesses in a stock deal valued at C$13.5 billion (about $10.7bn).
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Agnico, Kirkland began talks 2 years ago to form 'gold champion'
Mining News Pro - Executives at Agnico Eagle Mines and Kirkland Lake Gold began talking more than two years ago about combining in what is being described as a C$13.4-billion “merger of equals” between the Toronto-based miners.
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Agnico Eagle studying wind power solution for Hope Bay
Mining News Pro - Precious metals miner Agnico Eagle has signed a memorandum of understanding with a consortium to develop a renewable energy plan for its newly acquired Hope Bay mine, in the Kitikmeot region of Nunavut.
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Agnico reports positive mid-year results from biggest-ever exploration initiative
Mining News Pro - Precious metals miner Agnico Eagle’s most ambitious exploration programme in its 64-year history is delivering positive results, CEO Sean Boyd reported on Thursday.
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Agnico Eagle to sell Barsele project stake to JV partner
Mining News Pro - Canadian miner Agnico Eagle will sell its indirect 55% interest in the Barsele project, in Sweden, to junior explorer and developer Barsele Minerals, which will hold 100% of the asset.
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Agnico Eagle sells two projects in Finland and Sweden
Mining News Pro - Canadian gold miner Agnico Eagle will sell its Oijärvi gold project, in central Finland, and the Solvik gold project, in southern Sweden for $10-million to Gold Line Resources, in a transaction that will expand the TSX-V-listed junior`s existing portfolio in the Nordic region.
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Yamana, Agnico Eagle ok $1.3bn in construction at Canadian Malartic
Mining News Pro - Yamana Gold and Agnico Eagle have approved the C$1.7 billion ($1.3bn) construction of the Odyssey gold project at the Canadian Malartic mine in Quebec.
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Yamana, Agnico Eagle ok $1.3bn in construction at Canadian Malartic
Mining News Pro - Yamana Gold and Agnico Eagle have approved the C$1.7 billion ($1.3bn) construction of the Odyssey gold project at the Canadian Malartic mine in Quebec.
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Agnico snaps up Nunavut miner TMAC in $226m deal
Mining News Pro - Only two weeks after the federal government blocked a takeover of struggling Nunavut gold miner TMAC Resources by China’s Shandong Gold Mining, TMAC has found itself in the arms of a Canadian white knight – Agnico Eagle Mines.
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Miner Agnico beats quarterly profit on gold price surge
Mining News Pro - Canada`s Agnico Eagle Mines reported a better-than-expected quarterly profit on Wednesday, benefiting from a surge in gold prices and sales volume, and raised its capex forecast for the year as it spends on several sites to boost production.
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Agnico Eagle reports solid Q2 results
Mining News Pro - Agnico Eagle Mines reported on Wednesday a near four-fold increase in quarterly profit, owing to a surge in gold prices and a reduction in exploration costs during the second quarter of 2020.
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Agnico Eagle sends Nunavut workers home
Mining News Pro - Agnico Eagle announced Thursday it will send home its Nunavut-based workforce from the Meliadine and Meadowbank operations as well as the exploration projects for a period of four weeks to prevent Covid-19 spread.
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Agnico Eagle Mines beats profit estimates on higher gold prices
Mining News Pro - Canadian gold miner Agnico Eagle Mines Ltd reported a better-than-expected adjusted profit for a fourth straight quarter on Wednesday, largely due to higher realized gold prices.
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Agnico’s Meliadine mine reaches commercial production
Mining News Pro - Agnico Eagle Mines reported Friday Meliadine mine—its largest gold deposit in terms of resources — has achieved commercial production ahead of schedule and below the initial capital budget.
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Visit: 1158