LSE:0R2J - Agnico Eagle Mines Ltd AGNICO EAGLE MINES LTD
Sector: Unknown, Industry: Unknown
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CAD 65.12    -0.37 (-0.56%)

16 Dec 2021


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General

CEO: Mr. Sean Boyd F.C.A., FCPA, C.P.A., CPA, C.A.

Headquarters: UK

Employees: 6,210

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Description

Agnico Eagle is a gold miner with mines in Canada, Mexico, Finland, and Australia. Agnico operated just one mine, LaRonde, as recently as 2008 before bringing its other mines online in rapid succession in the following years. It merged with Kirkland Lake Gold in 2022, acquiring the Detour Lake and Macassa mines in Canada along with the high-grade, low-cost Fosterville mine in Australia. It produced more than 3.1 million gold ounces in 2022 and had about 15 years of gold reserves at end 2022. Agnico Eagle is focused on increasing gold production in lower-risk jurisdictions and bought the remaining 50% of its Canadian Malartic mine along with the Wasamac project and other assets from Yamana Gold in 2023.

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