Agnico Eagle Mines Ltd. reports that it has released its 2021 Sustainability Report. The Report provides an update on Agnico Eagle's oversight, strategy, practices and risk management approach to key areas of health and safety, environmental, social and governance and on the historic sustainability performance of all mining operations. The Report marks the 13th year that Agnico Eagle has produced a detailed account of the [...]
Agnico Eagle Mines Ltd. has been notified of an unsolicited mini-tender offer made by TRC Capital Investment Corporation to purchase up to 2,000,000 Agnico Eagle common shares, or approximately 0.44% of Agnico Eagle's outstanding common shares, at a price of C$64.00 per share. Agnico Eagle does not endorse this unsolicited offer, has no association with TRC Capital or its offer, and recommends that shareholders do not [...]
Coring was initiated on June 3rd Diamond drilling is budgeted for 3,000 metres and will test for Orogenic Gold and Volcanogenic Massive Sulphides. Drilling will commence near the known Risberget Zone, to test Orogenic Gold targets in the vicinity of previously intersected gold mineralization. Other Gold targets where testing is planned include Avan, Skiråsen, Bastuträsk, and Södra Sundträsket. Testing for Volcanogenic [...]
Agnico Eagle Mines announced that it has agreed to subscribe for 14,000,000 units of Cartier Resources Inc. in a non-brokered private placement at a price of $0.13 per Unit for total consideration of approximately $1,820,000. Each Unit is comprised of one common share of Cartier and one-half of one common share purchase warrant of Cartier. Each Warrant entitles the holder to acquire one Common Share at a price of $0.16 [...]
Agnico Eagle Mines Ltd. announced today that it has received approval from the Toronto Stock Exchange of Agnico Eagle's notice of intention to make a normal course issuer bid . Under the NCIB, Agnico Eagle may purchase for cancellation, on the open market at its discretion, during the period commencing on May 4, 2022 and ending on the earlier of May 3, 2023 and the completion of purchases under the NCIB, up to the lesser [...]
Agnico Eagle Mines Ltd. today announced that, at the annual and special meeting of shareholders held on April 29, 2022, each of the 12 nominees listed in the management information circular dated March 21, 2022, were elected as directors of Agnico Eagle. Detailed results of the vote are set out below: Nominee Votes For Votes Withheld Total Votes Cast Percentage of Votes For Percentage of Votes Withheld Leona Aglukkaq [...]
Agnico Eagle Mines Limited today reported financial and operating results for the first quarter of 2022. First quarter of 2022 highlights: Solid quarterly production and costs despite COVID-19 challenges - Payable gold production1 in the first quarter of 2022 was 660,604 ounces at production costs per ounce of $1,002, total cash costs per ounce2 of $811 and all-in sustaining costs per ounce3 of $1,079. These results [...]
Agnico Eagle Mines Ltd. announced that it will release its first quarter 2022 results on April 28, 2022, after normal trading hours. Additionally, the Company will host its Annual and Special Meeting of Shareholders the following day, Friday, April 29, 2022, in a hybrid format. First Quarter 2022 Results Conference Call and Webcast Agnico Eagle's senior management will host a conference call on Friday, April 29, 2022 at [...]
Agnico Eagle Mines today announced senior management changes and reported fourth quarter and full year 2021 financial and operating results, as well as future operating guidance. Ammar Al-Joundi has been appointed President and Chief Executive Officer, effective immediately. Mr. Al-Joundi is a proven executive with a long history of mining industry experience who previously served as President of Agnico Eagle. With this [...]
Agnico Eagle Mines today announced results from 59 holes, including four wedge holes and one hole extension, totaling 49,073.5 m of drilling along the Detour Mine Trend at the Detour Lake property. The new holes being reported are the eighth batch of results from the 2020/2021 exploration program and the second since the October 15, 2021 filing by Kirkland Lake Gold Ltd. of an updated 43-101 Technical Report which [...]
Agnico Eagle Mines Ltd. and Kirkland Lake Gold Ltd. are pleased to announce the successful completion of the previously announced merger of equals transaction . The combined company will continue as Agnico Eagle Mines and will remain listed on the Toronto Stock Exchange and New York Stock Exchange under the ticker "AEM". In aggregate, Agnico Eagle issued approximately 209,274,263 common shares to former Kirkland Lake Gold [...]
The shareholders of Agnico Eagle Mines Ltd. and Kirkland Lake Gold Ltd. have agreed to a merger of equals resulting in the combination of the two companies by plan of arrangement. Each share of Kirkland Lake Gold will be exchanged for 0.7935 shares of Agnico Eagle Mines. Kirkland Lake Gold will be removed from the S&P/TSX Composite Index and S&P/TSX 60 Index prior to the open of trading on Wednesday, February 9, 2022 [...]