UPDATE 1-Agnico-Eagle restarts Finland mill early

TORONTO, June 18 Mon Jun 18, 2012 8:23am EDT

TORONTO, June 18 (Reuters) - Agnico-Eagle Mines Ltd said on Monday it resumed full production at its Kittila gold project in Finland, eighteen days after the mill was shut down for scheduled maintenance.

The processing facility was returned to production early, due to better-than-expected conditions inside the autoclave. Additional maintenance will be postponed until later this year, with the total scheduled down time for the mill unchanged.

The Kittila project, located in northern Finland, is expected to produce 155,000 ounces of gold this year. Agnico-Eagle operates mines in Canada, Mexico and Finland.


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.