Agnico Eagle Mines Limited
About Agnico Eagle Mines Limited
Overview
Agnico Eagle Mines Limited is a Canadian gold mining company with operations in Canada, Finland, Mexico, and Australia. Founded in 1957, Agnico Eagle has a long track record of safe and responsible mining, operational excellence, and creating value for shareholders. The company is one of the world's most respected gold producers.
Operations
Agnico Eagle operates mines across multiple jurisdictions including LaRonde, Goldex, and Canadian Malartic in Canada; Kittila in Finland; Pinos Altos and La India in Mexico; Fosterville in Australia; and Macassa. Following the merger with Kirkland Lake Gold in 2022, the company operates one of the industry's highest-quality production profiles with significant reserves and resources.
Strategy
The company's strategy emphasizes safe and responsible operations, building a pipeline of high-quality development projects, maintaining a strong balance sheet, exploring near existing mines to extend mine life, and delivering sustainable returns to shareholders. Agnico Eagle focuses on politically stable jurisdictions and has set ambitious ESG targets including climate action goals.
Key Projects
Major development projects include the Upper Beaver underground project in Canada, Odyssey underground expansion at Canadian Malartic, expansion at Macassa, Amaruq underground development in Nunavut, and continued exploration at its extensive land package in the prolific Abitibi region. The company maintains one of the industry's largest exploration budgets.
Primary Commodities
Financial Metrics
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Quick Facts
- Ticker Symbol
- AEM
- Market Cap
- Large Cap
- Category
- Gold
- Commodities
- Gold, Silver
- Headquarters
- Toronto, Canada
- Founded
- 1957
- Employees
- ~14,000
Operating Countries
Producing Assets
- •Canadian Malartic (Canada)
- •LaRonde Complex (Canada)
- •Meadowbank (Canada)
- •Meliadine (Canada)
- •Detour Lake (Canada)
- •Macassa (Canada)
- •Kittila (Finland)
- •Pinos Altos (Mexico)
Development Assets
- •Odyssey (Canada)
- •Upper Beaver (Canada)
- •Akasaba West (Canada)
This information is for educational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.