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Agnico Eagle Reports Second Quarter 2020 Results
Agnico Eagle Mines Provides Update On Resumption Of Operations In Quebec
Agnico Eagle Provides Update On Mexico Operations
Agnico Eagle Mines Limited (Agnico Eagle) is an international gold producer with operating mines in Canada, Finland and Mexico and exploration and development activities in each of these countries as well as in the United States and Sweden. The Company operates through three business units: Northern Business, Southern Business and Exploration. Northern Business is comprised of the Company's operations in Canada and Finland. The Company's Canadian properties include the LaRonde Complex, the Goldex mine, the Meadowbank Complex and the Meliadine mine. The Company's Southern Business is comprised of the Company's operations in Mexico. The Company's Exploration group focuses primarily on the identification and evaluation of new mineral reserves and mineral resources and new development opportunities in gold producing regions. Its exploration activities are concentrated in Canada, the United States, Mexico, Finland and Sweden.
Gold & Silver
145 King St E Suite 400
James D. Nasso
Independent Chairman of the Board
Chief Executive Officer, Vice Chairman of the Board
Chief Financial Officer, Senior Vice President - Finance
R. Gregory Laing
Senior Vice President - Legal, General Counsel
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Canada's Agnico Eagle Mines <AEM.TO> <AME.E> raised the low-end of its production outlook for the year, benefiting from a surge in gold prices and a ramp up in operations after coronavirus-led shutdowns.
Canadian gold miner Agnico Eagle Mines reported a near four-fold rise in quarterly profit, driven by a surge in gold prices, while its costs tied to exploration also fell.
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.
Agnico Eagle Mines, the biggest Canada-focused gold miner, reported a decline in first-quarter profit on lower gold production as its Meadowbank mine in Canada's Nunavut territory nears the end of its life, the company said on Thursday.
Agnico Eagle Mines is doubling down this year on Nunavut, Canada’s least developed territory, betting that the high-grade gold ores and slim competition there will offset the risks of digging in the remote location in the far north.
* YIT AND AGNICO EAGLE FINLAND HAVE SIGNED A CONTRACT TO CONSTRUCT THE DEEP LEVEL TUNNELS IN A GOLD MINE DURING THE COMING YEARS
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