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Agnico Eagle Mines Ltd (AEM.TO)

AEM.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Agnico Eagle Mines files for mixed shelf of up to $500 mln
Friday, 17 Nov 2017 01:25pm EST 

Nov 17 (Reuters) - Agnico Eagle Mines Ltd :Agnico Eagle Mines Ltd <<>> files for mixed shelf of up to $500 million - SEC filing.  Full Article

Emerita Resources names Michael Timmins CEO
Thursday, 16 Nov 2017 09:00am EST 

Nov 16 (Reuters) - Emerita Resources Corp :Emerita Resources Corp - ‍ appointment of Michael Timmins as CEO and a director of company​.Emerita Resources Corp - ‍ Joaquin Merino will continue as president of Emerita as well as managing director of Emerita Resources Espana Sl​.Emerita Resources Corp - ‍ most recently, Timmins worked for Agnico Eagle as vice-president, Corporate Development​.  Full Article

Agnico Eagle reports Q3 earnings per share $0.31
Wednesday, 25 Oct 2017 05:00pm EDT 

Oct 25 (Reuters) - Agnico Eagle Mines Ltd :Agnico Eagle reports third quarter 2017 results including record quarterly gold production; improved 2017 production and cost guidance; Nunavut projects remain on schedule and on budget; dividend increased by 10%.Q3 earnings per share $0.31.Q3 earnings per share view $0.16 -- Thomson Reuters I/B/E/S.Q3 adjusted earnings per share $0.29 excluding items.Agnico Eagle Mines Ltd says ‍full year production guidance increased and unit cost forecasts reduced​.Says ‍payable gold production in Q3 of 2017 was 454,362 ounces at production costs per ounce of $578​.Agnico Eagle Mines Ltd says ‍production costs per ounce for Q3 of 2017 were $578, which was 13% lower, compared to $666 in prior-year period​.Says ‍AISC for Q3 of 2017 were $789, which was 4% lower, compared to $821 in prior-year period​.Agnico Eagle Mines Ltd says ‍2017 production is now expected to exceed 1.68 million ounces of gold​.Agnico Eagle Mines -‍ lower AISC primarily due to lower total cash costs per ounce, lower sustaining capital expenditures compared to prior-year period​.Agnico Eagle Mines Ltd says FY ‍total cash costs per ounce are now expected to be $570 to $600 and AISC are expected to be $820 to $870 per ounce​.  Full Article

GOGOLD RESOURCES ANNOUNCES SALE OF SANTA GERTRUDIS PROJECT TO AGNICO EAGLE MINES LIMITED FOR $80 MLN
Tuesday, 5 Sep 2017 10:33am EDT 

Sept 5 (Reuters) - GoGold Resources Inc :GOGOLD RESOURCES INC. ANNOUNCES SALE OF SANTA GERTRUDIS PROJECT TO AGNICO EAGLE MINES LIMITED FOR US$80 MILLION.‍ENTERED INTO DEFINITIVE AGREEMENTS WITH AGNICO EAGLE MINES TO SELL ITS INTEREST IN SANTA GERTRUDIS GOLD PROJECT​.NET PROCEEDS OF TRANSACTION WILL BE USED TO REPAY COMPANY'S SENIOR REVOLVING CREDIT FACILITY, REDUCE OUTSTANDING TRADE.AGNICO WILL RETAIN OPTION TO BUY BACK 1% OF NSR FOR US$7.5 MILLION.TRANSACTION IS NOT SUBJECT TO A SHAREHOLDER VOTE.AGNICO TO ADVANCE TO GOGOLD A TOTAL OF US$7.5 MILLION IN CASH VIA SUBORDINATED SECURED TERM LOAN BEARING INTEREST AT 10% PER ANNUM.  Full Article

Agnico Eagle Mines Q2 earnings per share $0.27
Wednesday, 26 Jul 2017 05:00pm EDT 

July 26 (Reuters) - Agnico Eagle Mines Ltd :Agnico Eagle reports second quarter 2017 results; strong operational performance continues; full year production guidance increased; nunavut projects advancing on schedule and budget; positive exploration results at multiple projects.Q2 earnings per share $0.27.Q2 earnings per share view $0.15 -- Thomson Reuters I/B/E/S.Q2 adjusted earnings per share $0.24 excluding items.Agnico Eagle Mines Ltd says q2 payable gold production was 427,743 ounces, compared to 408,932 ounces in q2 of 2016.Agnico Eagle Mines Ltd says production costs per ounce for q2 of 2017 were $634, which was essentially same as $625 in 2016 period.Agnico Eagle Mines -2017 production is now expected to be 1.62 million ounces compared to previous guidance of 1.57 million ounces.Agnico Eagle Mines Ltd - aisc for q2 of 2017 were 7% lower at $785 per ounce compared to $848 in q2 of 2016.Agnico Eagle Mines Ltd says forecast for 2017 capital expenditures remains unchanged at $859 million.Agnico Eagle Mines Ltd - qtrly revenues from mining operations $‍549.9​ million versus $537.6 million.Agnico Eagle Mines Ltd - full year total cash costs per ounce are now expected to be $580 to $610.Agnico Eagle Mines Ltd - full year AISC are expected to be $830 to $880 per ounce.  Full Article

Kinross announces vend-in of Yukon property to White Gold Corp
Thursday, 18 May 2017 05:20pm EDT 

May 18 (Reuters) - Agnico Eagle Mines Ltd :Kinross announces vend-in of Yukon property to create White Gold Corp strategic alliance.Kinross Gold Corp - entered into an agreement to acquire an approximately 19.9% interest in White Gold Corp.Kinross Gold - acquired interest in White Gold by selling its 100% interest in white gold exploration project in Yukon territory to White Gold Corp.  Full Article

Agnico Eagle reports Q1 earnings per share $0.33
Thursday, 27 Apr 2017 05:00pm EDT 

April 27 (Reuters) - Agnico Eagle Mines Ltd -:Agnico Eagle reports first quarter 2017 results; strong operational performance continues; full year production guidance increased; canadian malartic extension receives government approval; exploration drilling yields favourable results at amaruq.Q1 earnings per share $0.33.Q1 adjusted earnings per share $0.28 excluding items.Agnico Eagle Mines Ltd says total capital expenditures (including sustaining capital) in 2017 remain forecast to be approximately $850 million.Agnico Eagle Mines Ltd - full year production guidance increased.Agnico Eagle Mines Ltd - fy production is now expected to exceed 1.57 million ounces compared to previous guidance of 1.55 million ounces.Agnico Eagle Mines Ltd - total cash costs per ounce of gold in 2017 remain forecast to be between $595 and $625 per ounce.Payable gold production in q1 of 2017 was 418,216 ounces of gold at production costs per ounce of $578.Agnico Eagle Mines Ltd - qtrly revenues from mining operations $547.5 million versus $490.5 million.Q1 revenue view $512.9 million -- Thomson Reuters I/B/E/S.Q1 earnings per share view $0.11 -- Thomson Reuters I/B/E/S.  Full Article

Agnico Eagle announces $220 mln sale of common shares to one institutional investor
Monday, 27 Mar 2017 05:38pm EDT 

Agnico Eagle Mines Ltd - : Announces US$220 million sale of common shares to one institutional investor .Agreed to issue and sell 5 million common shares of co directly to institutional investor in U.S. at price of US$43.97/common share.  Full Article

Agnico Eagle announces investment in Goldquest Mining Corp
Monday, 6 Mar 2017 08:10am EST 

Agnico Eagle Mines Ltd : Agnico Eagle announces investment in Goldquest Mining Corp . Agnico Eagle Mines - agreed to purchase 38.1 million common shares of Goldquest Mining Corp in non-brokered private placement at price of $0.60 per share .Agnico Eagle Mines Ltd - closing of transaction is expected to occur on or about March 8, 2017.  Full Article

Otis Gold announces strategic investment by Agnico Eagle
Friday, 24 Feb 2017 08:00am EST 

Otis Gold Corp : Otis Gold - Agnico Eagle Mines agreed to acquire, by private placement, 14.42 million shares of co at price of $0.35 per common share . On closing of transaction, agnico will own approximately 9.95% of issued and outstanding common shares on a non-diluted basis .Otis Gold Corp - proceeds from transaction shall be primarily used for exploration at Kilgore gold project located in Clark County, Idaho.  Full Article

BRIEF-GOGOLD RESOURCES ANNOUNCES SALE OF SANTA GERTRUDIS PROJECT TO AGNICO EAGLE MINES LIMITED FOR $80 MLN

* GOGOLD RESOURCES INC. ANNOUNCES SALE OF SANTA GERTRUDIS PROJECT TO AGNICO EAGLE MINES LIMITED FOR US$80 MILLION