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Agnico Eagle Mines Ltd (AEM.TO)

AEM.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Agnico Eagle Mines Q1 Earnings Per Share $0.16
Thursday, 25 Apr 2019 

April 25 (Reuters) - Agnico Eagle Mines Ltd ::AGNICO EAGLE REPORTS FIRST QUARTER 2019 RESULTS; SOLID PRODUCTION AND COST PERFORMANCE; NUNAVUT DEVELOPMENT PROJECTS ADVANCING AS PLANNED WITH MELIADINE EXPECTED TO ACHIEVE COMMERCIAL PRODUCTION IN MAY; EXPLORATION DRILLING CONTINUES TO ADVANCE PROJECT PI.Q1 EARNINGS PER SHARE $0.16.Q1 EARNINGS PER SHARE ESTIMATE $0.07 -- REFINITIV IBES DATA.Q1 ADJUSTED EARNINGS PER SHARE $0.14 EXCLUDING ITEMS.PAYABLE GOLD PRODUCTION IN Q1 OF 2019 WAS 398,217 OUNCES.MELIADINE MINE EXPECTED TO ACHIEVE COMMERCIAL PRODUCTION IN MAY 2019.AGNICO EAGLE MINES - ANTICIPATES TOTAL CASH COSTS PER OUNCE & AISC FOR 2019 TO CONTINUE TO BE IN RANGE OF $620 TO $670 AND $875 AND $925, RESPECTIVELY.ABOUT 55% OF EXPECTED GOLD PRODUCTION IN 2019 IS ANTICIPATED TO OCCUR IN SECOND HALF OF 2019.QTRLY TOTAL CASH COSTS PER OUNCE OF $623 AND ALL-IN SUSTAINING COSTS PER OUNCE OF $836.QTRLY REVENUES FROM MINING OPERATIONS $532.2 MILLION VERSUS $578.4 MILLION.Q1 EARNINGS PER SHARE VIEW $0.07, REVENUE VIEW $507.6 MILLION -- REFINITIV IBES DATA.  Full Article

Agnico Eagle Participates In Orla Mining Ltd. Financing
Thursday, 15 Feb 2018 

Feb 15 (Reuters) - Agnico Eagle Mines Ltd ::AGNICO EAGLE PARTICIPATES IN ORLA MINING LTD. FINANCING.AGNICO EAGLE MINES LTD - ‍ACQUIRED 1.7 MILLION UNITS OF ORLA MINING AT A PRICE OF $1.75 PER UNIT​.AGNICO EAGLE MINES - ‍ ACQUIRED 1.7 MILLION UNITS OF ORLA MINING AT $1.75/UNIT FOR TOTAL OF $3.04 MILLION.  Full Article

Agnico Eagle Reports Q4 Adjusted EPS $0.21
Wednesday, 14 Feb 2018 

Feb 14 (Reuters) - Agnico Eagle Mines Ltd ::AGNICO EAGLE REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS - RECORD ANNUAL GOLD OUTPUT; PRODUCTION GUIDANCE INCREASED FOR 2018 AND 2019; RESERVES INCREASE YEAR-OVER-YEAR.Q4 ADJUSTED EARNINGS PER SHARE $0.21 EXCLUDING ITEMS.Q4 EARNINGS PER SHARE $0.15.‍PAYABLE PRODUCTION IN Q4 OF 2017 WAS 413,212 OUNCES OF GOLD, COMPARED TO 426,433 OUNCES IN Q4 OF 2016​.‍TOTAL CASH COSTS PER OUNCE FOR Q4 OF 2017 WERE $592, COMPARED TO $552 IN Q4 OF 2016​.QTRLY REVENUES FROM MINING OPERATIONS $565.3 MILLION VERSUS $499.2 MILLION.SAYS AISC FOR 2018 ARE EXPECTED TO BE BETWEEN $890 AND $940 PER OUNCE.‍ANNOUNCES NEW THREE YEAR GUIDANCE; PRODUCTION FORECASTS INCREASED FOR 2018 AND 2019​.‍PRODUCTION IN 2019 IS NOW FORECAST TO BE BETWEEN 1.63 AND 1.77 MILLION OUNCES​.PRODUCTION IN 2018 IS NOW FORECAST TO BE 1.53 MILLION OUNCES ‍​.‍PROJECTED PRODUCTION ON TRACK TO REACH APPROXIMATELY 2.0 MILLION OUNCES WITH LOWER UNIT COSTS IN 2020​.‍PRODUCTION IN 2020 IS NOW FORECAST TO BE BETWEEN 1.95 AND 2.05 MILLION OUNCES.TOTAL CASH COSTS PER OUNCE IN 2018 ARE EXPECTED TO BE BETWEEN $625 AND $675‍​.Q4 EARNINGS PER SHARE VIEW $0.19, REVENUE VIEW $559.3 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

YIT To Construct Deep Level Tunnels In A Gold Mine
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Yit Oyj ::YIT AND AGNICO EAGLE FINLAND HAVE SIGNED A CONTRACT TO CONSTRUCT THE DEEP LEVEL TUNNELS IN A GOLD MINE DURING THE COMING YEARS.YIT AND AGNICO EAGLE FINLAND HAVE SIGNED A CONTRACT TO CONSTRUCT THE DEEP LEVEL TUNNELS IN A GOLD MINE DURING THE COMING YEARS.YIT OYJ - CONTRACT INCLUDES EXCAVATION AND REINFORCEMENT WORK OF TUNNELS TO BE CONSTRUCTED.YIT OYJ - TOTAL VALUE OF CONTRACT IS APPROXIMATELY EUR 35 MILLION.YIT OYJ - VALUE OF CONTRACT WILL BE BOOKED IN ORDER BACKLOG IN LAST QUARTER OF 2017.  Full Article

Agnico Eagle Mines files for mixed shelf of up to $500 mln
Friday, 17 Nov 2017 

Nov 17 (Reuters) - Agnico Eagle Mines Ltd :Agnico Eagle Mines Ltd <<>> files for mixed shelf of up to $500 million - SEC filing.  Full Article

Emerita Resources names Michael Timmins CEO
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - Emerita Resources Corp :Emerita Resources Corp - ‍ appointment of Michael Timmins as CEO and a director of company​.Emerita Resources Corp - ‍ Joaquin Merino will continue as president of Emerita as well as managing director of Emerita Resources Espana Sl​.Emerita Resources Corp - ‍ most recently, Timmins worked for Agnico Eagle as vice-president, Corporate Development​.  Full Article

Agnico Eagle reports Q3 earnings per share $0.31
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Agnico Eagle Mines Ltd :Agnico Eagle reports third quarter 2017 results including record quarterly gold production; improved 2017 production and cost guidance; Nunavut projects remain on schedule and on budget; dividend increased by 10%.Q3 earnings per share $0.31.Q3 earnings per share view $0.16 -- Thomson Reuters I/B/E/S.Q3 adjusted earnings per share $0.29 excluding items.Agnico Eagle Mines Ltd says ‍full year production guidance increased and unit cost forecasts reduced​.Says ‍payable gold production in Q3 of 2017 was 454,362 ounces at production costs per ounce of $578​.Agnico Eagle Mines Ltd says ‍production costs per ounce for Q3 of 2017 were $578, which was 13% lower, compared to $666 in prior-year period​.Says ‍AISC for Q3 of 2017 were $789, which was 4% lower, compared to $821 in prior-year period​.Agnico Eagle Mines Ltd says ‍2017 production is now expected to exceed 1.68 million ounces of gold​.Agnico Eagle Mines -‍ lower AISC primarily due to lower total cash costs per ounce, lower sustaining capital expenditures compared to prior-year period​.Agnico Eagle Mines Ltd says FY ‍total cash costs per ounce are now expected to be $570 to $600 and AISC are expected to be $820 to $870 per ounce​.  Full Article

GOGOLD RESOURCES ANNOUNCES SALE OF SANTA GERTRUDIS PROJECT TO AGNICO EAGLE MINES LIMITED FOR $80 MLN
Tuesday, 5 Sep 2017 

Sept 5 (Reuters) - GoGold Resources Inc :GOGOLD RESOURCES INC. ANNOUNCES SALE OF SANTA GERTRUDIS PROJECT TO AGNICO EAGLE MINES LIMITED FOR US$80 MILLION.‍ENTERED INTO DEFINITIVE AGREEMENTS WITH AGNICO EAGLE MINES TO SELL ITS INTEREST IN SANTA GERTRUDIS GOLD PROJECT​.NET PROCEEDS OF TRANSACTION WILL BE USED TO REPAY COMPANY'S SENIOR REVOLVING CREDIT FACILITY, REDUCE OUTSTANDING TRADE.AGNICO WILL RETAIN OPTION TO BUY BACK 1% OF NSR FOR US$7.5 MILLION.TRANSACTION IS NOT SUBJECT TO A SHAREHOLDER VOTE.AGNICO TO ADVANCE TO GOGOLD A TOTAL OF US$7.5 MILLION IN CASH VIA SUBORDINATED SECURED TERM LOAN BEARING INTEREST AT 10% PER ANNUM.  Full Article

Agnico Eagle Mines Q2 earnings per share $0.27
Wednesday, 26 Jul 2017 

July 26 (Reuters) - Agnico Eagle Mines Ltd :Agnico Eagle reports second quarter 2017 results; strong operational performance continues; full year production guidance increased; nunavut projects advancing on schedule and budget; positive exploration results at multiple projects.Q2 earnings per share $0.27.Q2 earnings per share view $0.15 -- Thomson Reuters I/B/E/S.Q2 adjusted earnings per share $0.24 excluding items.Agnico Eagle Mines Ltd says q2 payable gold production was 427,743 ounces, compared to 408,932 ounces in q2 of 2016.Agnico Eagle Mines Ltd says production costs per ounce for q2 of 2017 were $634, which was essentially same as $625 in 2016 period.Agnico Eagle Mines -2017 production is now expected to be 1.62 million ounces compared to previous guidance of 1.57 million ounces.Agnico Eagle Mines Ltd - aisc for q2 of 2017 were 7% lower at $785 per ounce compared to $848 in q2 of 2016.Agnico Eagle Mines Ltd says forecast for 2017 capital expenditures remains unchanged at $859 million.Agnico Eagle Mines Ltd - qtrly revenues from mining operations $‍549.9​ million versus $537.6 million.Agnico Eagle Mines Ltd - full year total cash costs per ounce are now expected to be $580 to $610.Agnico Eagle Mines Ltd - full year AISC are expected to be $830 to $880 per ounce.  Full Article

UPDATE 1-Agnico Eagle 1st-qtr profit falls but beats expectations

TORONTO, April 25 Agnico Eagle Mines, the biggest Canada-focused gold miner, reported an 18% decline in first-quarter profit on Thursday on lower gold production as its Meadowbank mine in Canada's Nunavut territory nears the end of its life.