Company Profile For Agnico-Eagle Mines Limited

Agnico-Eagle Mines Limited (AEM.TO) (Toronto Stock Exchange)
sector: Basic Materials · industry: Precious Metals & Minerals ·
As of  27 Nov 2009
65.88CAD
Price Change
-0.82
Percent Change
-1.23%
 
 
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Overview

Agnico-Eagle Mines Limited (Agnico-Eagle) is a gold producer with mining operations located in northwestern Quebec and northern Finland, mine construction projects in northwestern Quebec, Nunavut and northern Mexico and exploration activities in Canada, Finland, Mexico and the United States. The Company operates through four regional units: the Quebec Region, the European Region, the Mexican Region and the Nunavut Region. The Quebec Region includes the LaRonde Mine, the LaRonde Mine extension project, the Goldex Mine and the Lapa mine project, each of which is held directly by the Company. The Company's operations in the European Region are conducted through its indirect subsidiary, Riddarhyttan Resources AB (Riddarhyttan), which indirectly owns the Kittila Mine in Finland. The Company's operations in the Mexican Region are conducted through its subsidiary, Agnico Eagle Mexico S.A. de C.V., which owns the Pinos Altos mine project.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, Agnico-Eagle Mines Ltd.'s revenues increased 32% to $401.6M. Net income decreased 25% to $38.6M. Revenues reflect higher income from mining operations. Net income was offset by an increase in production costs, a rise in exploration & corporate development costs, higher amortization expenses, an increase in general & administrative expenses and higher interest expenses.

Company Address

Agnico-Eagle Mines Limited
145 King Street East
Suite 400
Toronto   ON   M5C 2Y7
P: +1416.9471212
F: +1416.3674681

Total Employees

3999

Find Out More About AEM.TO

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