Agnico Eagle Mines Ltd. provided notice today of an update to the location for the Company's 2020 Annual and Special Meeting of Shareholders, to be held on Friday, May 1, 2020. Additionally, the Company today announced that it will release its first quarter 2020 results on Thursday, April 30, 2020, after normal trading hours. Annual Meeting Due to the continuing public health impact of the COVID-19 pandemic, and having [...]
Agnico Eagle Mines Ltd. is providing an update following the Government of Mexico's decree relating to the COVID-19 pandemic that all non-essential businesses suspend operations until April 30, 2020. The Government of Mexico has defined mining operations as a non-essential business. Pursuant to the Decree, mining operations at the Company's Mexico operations are ramping down activities in an orderly fashion while ensuring [...]
Agnico Eagle Mines Ltd. is providing a further update on its Quebec and Nunavut operations. Today the Company held discussions with representatives from the Government of Quebec to get additional clarity in regard to the order by the Government of Quebec to close all non-essential businesses in response to the COVID-19 outbreak issued on the afternoon of March 23, 2020 . Pursuant to the Order, mining operations were [...]
Agnico Eagle Mines Ltd. is providing an update following yesterday afternoon's order by the Government of Quebec to close all non-essential businesses relating to COVID-19. Pursuant to this order, mining operations have been directed to minimize their activities until April 13, 2020. The Company is communicating with the Government of Quebec to ensure compliance with its order and will discuss procedures at the Company's [...]
Agnico Eagle Mines Ltd. is providing an update on its Nunavut operations following yesterday's declaration of a state of public health emergency relating to COVID-19 by the Government of Nunavut. At the present time there are no confirmed cases of COVID-19 in Nunavut or at any of Agnico Eagle's global operations. The Company is working to ensure the continued health of local residents in the communities in which it [...]
Agnico Eagle Mines Limited today reported quarterly net income of $331.7 million, or net income of $1.39 per share, for the fourth quarter of 2019. This result includes an impairment reversal relating to the Meliadine mine of $223.4 million, non-cash foreign currency translation gains on deferred tax liabilities and non-recurring tax adjustments of $10.6 million, mark-to-market gains and other adjustments of $7.2 million [...]
Agnico Eagle Mines Ltd. announced today that it has agreed to subscribe for 15,391,605 units of Rupert Resources Ltd. in a non-brokered private placement at a price of $0.85 per Unit for total consideration of $13,082,864. Each Unit is comprised of one common share of Rupert and 0.75 of one common share purchase warrant of Rupert . Each Warrant entitles the holder to acquire one Common Share at a price of $1.00 for a [...]
Agnico Eagle Mines Ltd. today announced that it will release its fourth quarter and full year 2019 results on Thursday, February 13, 2020, after normal trading hours. Fourth Quarter 2019 Results Conference Call and Webcast Agnico Eagle's senior management will host a conference call on Friday, February 14, 2020 at 11:00 AM to discuss the Company's fourth quarter and full year financial and operating results. Via Webcast [...]
Agnico Eagle Mines Ltd. announced today that it was issued 10,400,000 common share purchase warrants of Orla Mining Ltd. on December 18, 2019 in connection with, and as consideration for the funding commitments provided by Agnico Eagle under, the previously announced loan agreement dated December 18, 2019 between, among others, Orla and Agnico Eagle. Each 2026 Warrant entitles the holder to acquire one Common Share at a [...]
Stock Symbol: AEM Agnico Eagle Mines Ltd. today reports a change to the record date for its quarterly cash dividend. The quarterly cash dividend of $0.175 per common share, payable on December 16, 2019, will now be payable to shareholders of record as of November 27, 2019. The previously reported record date was November 29, 2019. The record date has been changed as the New York Stock Exchange will be closed in [...]
Agnico Eagle Mines Ltd. today reported quarterly net income of $76.7 million, or $0.32 per share, for the third quarter of 2019. This result includes non-cash foreign currency translation losses on deferred tax liabilities and non-recurring tax adjustments of $8.3 million, derivative losses on financial instruments, mark-to-market and other adjustments of $3.8 million and non-cash foreign currency translation gains of [...]
Stock Symbol: AEM Agnico Eagle Mines Ltd. today reports that commercial production was achieved at the Company's Amaruq satellite deposit at the Meadowbank Complex on September 30, 2019. The 100% owned Amaruq satellite deposit is located approximately 50 kilometres northwest of the Meadowbank mine, which in turn is located approximately 110 kilometres by road north of Baker Lake in the Kivalliq District of Nunavut [...]