Edition:
United Kingdom

Agnico Eagle Mines Ltd (AEM.TO)

AEM.TO on Toronto Stock Exchange

46.52CAD
17 Aug 2018
Change (% chg)

$1.06 (+2.33%)
Prev Close
$45.46
Open
$45.75
Day's High
$46.78
Day's Low
$45.57
Volume
1,191,676
Avg. Vol
566,140
52-wk High
$64.84
52-wk Low
$45.40

Latest Key Developments (Source: Significant Developments)

Agnico Eagle Q2 Earnings Per Share $0.02
Wednesday, 25 Jul 2018 

July 25 (Reuters) - Agnico Eagle Mines Ltd ::AGNICO EAGLE REPORTS SECOND QUARTER 2018 RESULTS; PRODUCTION GUIDANCE INCREASED FOR 2018; AMARUQ PROJECT RECEIVES PERMIT APPROVAL; MELIADINE PROJECT PROGRESSING ON BUDGET AND ON SCHEDULE; DRILLING CONTINUES TO EXTEND MINERALIZATION AT MULTIPLE MINE SITES.Q2 EARNINGS PER SHARE $0.02.Q2 EARNINGS PER SHARE VIEW $0.07 -- THOMSON REUTERS I/B/E/S.Q2 ADJUSTED EARNINGS PER SHARE $0.01 EXCLUDING ITEMS.QTRLY REVENUES FROM MINING OPERATIONS $556.3 MILLION VERSUS $549.9 MILLION REPORTED LAST YEAR.PAYABLE GOLD PRODUCTION IN Q2 WAS 404,961 OUNCES AT PRODUCTION COSTS PER OUNCE OF $750.TOTAL CAPITAL EXPENDITURES (INCLUDING SUSTAINING CAPITAL) IN 2018 REMAIN FORECAST TO BE APPROXIMATELY $1.08 BILLION.Q2 REVENUE VIEW $539.6 MILLION -- THOMSON REUTERS I/B/E/S.PRODUCTION FOR 2018 IS NOW FORECAST TO BE 1.58 MILLION OUNCES OF GOLD.SETS QUARTERLY DIVIDEND OF $0.11PER SHARE.2018 UNIT COST GUIDANCE IS UNCHANGED WITH TOTAL CASH COSTS PER OUNCE OF $625 TO $675 AND AISC OF $890 TO $940 PER OUNCE.  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

Agnico Eagle posts Q4 adjusted earnings per share $0.02
Wednesday, 15 Feb 2017 

Agnico Eagle Mines Ltd : Agnico Eagle reports fourth quarter and full year 2016 results - Meliadine and Amaruq projects approved for development; annual gold production expected to grow to 2.0 million ounces in 2020 . Q4 adjusted earnings per share $0.02 excluding items . Q4 earnings per share $0.28 . Agnico Eagle Mines Ltd - annual gold production expected to grow to 2.0 million ounces in 2020 . Agnico Eagle - gold production forecasts for 2017 and 2018 are unchanged from previous guidance of approximately 1.55 and 1.50 million ounces, respectively . Agnico Eagle Mines Ltd - payable production in Q4 of 2016 was 426,433 ounces of gold, compared to 422,328 ounces in Q4 of 2015 . Agnico Eagle Mines Ltd - cost guidance for 2017 unchanged from prior year's guidance . Agnico Eagle Mines Ltd - cost guidance for 2017 essentially unchanged from prior year's guidance . Agnico Eagle Mines - gold production in 2019 is forecast to be about 1.60 million ounces, while production in 2020 is expected to be about 2.0 million ounces . Agnico Eagle Mines Ltd - total capital expenditures are forecast to be approximately $850 million in 2017, approximately $950 million in 2018 . Agnico Eagle Mines Ltd - total capital expenditures are forecast to be approximately $500 million in 2019 . Agnico Eagle Mines Ltd - annual sustaining capital expenditures for 2017 and beyond are expected to remain stable at approximately $300 million.  Full Article

CANADA STOCKS-TSX futures up as oil prices rise

July 30 Canada's main stock index was on track to open higher on Monday, as energy shares were helped by a steady rise in oil prices. Oil has been rallying almost uninterruptedly for the past two weeks on rising trade tensions between the United States and China and slowing supply from Iran due to looming sanctions. First Quantum Minerals is scheduled to release second-quarter results after the close of markets. September futures on the S&P/TSX index