Agnico Eagle Mines Ltd. and Kirkland Lake Gold Ltd. are pleased to announce that approval has been received from Australia's Foreign Investment Review Board regarding the proposed merger of equals between Agnico Eagle and Kirkland Lake Gold by way of a plan of arrangement under the Business Corporations Act. Agnico Eagle also announces that it will release its fourth quarter and full year 2021 results on Feb. 23, 2022 [...]
Agnico Eagle Mines is providing an update related to an increase in COVID-19 cases at its Nunavut operations. Since December 18, 2021, there has been a total of 13 presumptive cases at the Company's Meliadine, Meadowbank and Hope Bay operations. The health and safety protocols set by the Company since the beginning of the pandemic have remained in place at the Company's Nunavut operations. Given the increased spread and [...]
Agnico Eagle Mines Ltd. is pleased to announce that at a special meeting of shareholders held earlier today , Agnico Eagle shareholders voted overwhelmingly in favour of the resolution approving the issuance of Agnico Eagle common shares in connection with the proposed merger with Kirkland Lake Gold Ltd. by way of a plan of arrangement under the Business Corporations Act . The resolution was approved by approximately [...]
Agnico Eagle Mines Ltd. and Kirkland Lake Gold Ltd. today would like to thank shareholders who have already voted "FOR" their previously announced merger of equals and reminds other shareholders to vote "FOR" the transaction before their respective proxy cut-off deadlines. The Meetings The special meeting of Agnico Eagle shareholders will be held online at 10:00 a.m. on November 26, 2021 in a virtual-only format via live [...]
Agnico Shareholders are encouraged to vote well in advance of the proxy voting deadline at 10:00 a.m. on November 24, 2021. Agnico Eagle Mines Ltd. is pleased to announce that Glass, Lewis & Co. , a leading independent proxy advisory firm has recommended that Agnico Eagle shareholders vote "FOR" the matters to be voted on at the special meetings of shareholders in connection with the previously announced merger of equals [...]
Agnico Eagle Mines Ltd. is pleased to announce that Institutional Shareholder Services has recommended that Agnico Eagle shareholders vote "FOR" regarding the matters to be voted on at the special meetings of shareholders in connection with the previously announced merger of equals with Kirkland Lake Gold Ltd. Recommendation to Agnico Eagle Shareholders In recommending that shareholders of Agnico Eagle vote "FOR" the [...]
Agnico Eagle Mines Ltd. is pleased to provide an update on exploration activities at several projects and select mine sites. The Company's exploration focus remains on pipeline projects, near-mine opportunities and mineral reserve and mineral resource growth. Key exploration highlights during the third quarter of 2021 include: LaRonde Complex - Exploration is focused on developing three new exploration drifts and drilling [...]
Stock Symbol: AEM Agnico Eagle Mines Ltd. today reported quarterly net income of $114.5 million, or net income of $0.47 per share, for the third quarter of 2021. This result includes non-cash mark-to-market losses on warrants of $15.6 million , derivative losses on financial instruments of $10.7 million, foreign currency translation losses on deferred tax liabilities and non-recurring tax adjustments of $8.8 million [...]
Agnico Eagle Mines Ltd. today announced that it will release its third quarter 2021 results on Wednesday, October 27, 2021, after normal trading hours. Third Quarter 2021 Results Conference Call Webcast Agnico Eagle's senior management will host a conference call on Thursday, October 28, 2021 at 11:00 AM to discuss the Company's financial and operating results. Via Webcast: A live audio webcast of the conference call will [...]
Agnico Eagle Mines Ltd. and Kirkland Lake Gold Ltd. announced today that they have entered into an agreement to combine in a merger of equals , with the combined company to continue under the name "Agnico Eagle Mines Ltd.". The Merger will establish the new Agnico Eagle as the gold industry's highest-quality senior producer, with the lowest unit costs, highest margins, most favourable risk profile and industry-leading [...]
Agnico Eagle Mines Ltd. announced today that it has agreed to subscribe for 13,333,333 units of Candelaria Mining Corp. in a non-brokered private placement at a price of $0.45 per Unit for total consideration of approximately $6,000,000. Each Unit is comprised of one common share of Candelaria and one-half of one common share purchase warrant of Candelaria . Each Warrant entitles the holder to acquire one Common Share at [...]
Agnico Eagle Mines Limited today reported quarterly net income of $189.6 million, or net income of $0.78 per share, for the second quarter of 2021. This result includes non-cash mark-to-market gains on warrants of $15.9 million, foreign currency translation gains on deferred tax liabilities of $9.3 million, derivative gains on financial instruments of $1.8 million, non-cash foreign currency translation losses of $2.4 [...]