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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 Q2 Earnings Per Share $0.02
Wednesday, 25 Jul 2018 05:00pm EDT 

July 25 (Reuters) - Agnico Eagle Mines Ltd ::AGNICO EAGLE REPORTS SECOND QUARTER 2018 RESULTS; PRODUCTION GUIDANCE INCREASED FOR 2018; AMARUQ PROJECT RECEIVES PERMIT APPROVAL; MELIADINE PROJECT PROGRESSING ON BUDGET AND ON SCHEDULE; DRILLING CONTINUES TO EXTEND MINERALIZATION AT MULTIPLE MINE SITES.Q2 EARNINGS PER SHARE $0.02.Q2 EARNINGS PER SHARE VIEW $0.07 -- THOMSON REUTERS I/B/E/S.Q2 ADJUSTED EARNINGS PER SHARE $0.01 EXCLUDING ITEMS.QTRLY REVENUES FROM MINING OPERATIONS $556.3 MILLION VERSUS $549.9 MILLION REPORTED LAST YEAR.PAYABLE GOLD PRODUCTION IN Q2 WAS 404,961 OUNCES AT PRODUCTION COSTS PER OUNCE OF $750.TOTAL CAPITAL EXPENDITURES (INCLUDING SUSTAINING CAPITAL) IN 2018 REMAIN FORECAST TO BE APPROXIMATELY $1.08 BILLION.Q2 REVENUE VIEW $539.6 MILLION -- THOMSON REUTERS I/B/E/S.PRODUCTION FOR 2018 IS NOW FORECAST TO BE 1.58 MILLION OUNCES OF GOLD.SETS QUARTERLY DIVIDEND OF $0.11PER SHARE.2018 UNIT COST GUIDANCE IS UNCHANGED WITH TOTAL CASH COSTS PER OUNCE OF $625 TO $675 AND AISC OF $890 TO $940 PER OUNCE.  Full Article

YIT To Construct Deep Level Tunnels In A Gold Mine
Tuesday, 5 Dec 2017 02:15am EST 

Dec 5 (Reuters) - Yit Oyj ::YIT AND AGNICO EAGLE FINLAND HAVE SIGNED A CONTRACT TO CONSTRUCT THE DEEP LEVEL TUNNELS IN A GOLD MINE DURING THE COMING YEARS.YIT AND AGNICO EAGLE FINLAND HAVE SIGNED A CONTRACT TO CONSTRUCT THE DEEP LEVEL TUNNELS IN A GOLD MINE DURING THE COMING YEARS.YIT OYJ - CONTRACT INCLUDES EXCAVATION AND REINFORCEMENT WORK OF TUNNELS TO BE CONSTRUCTED.YIT OYJ - TOTAL VALUE OF CONTRACT IS APPROXIMATELY EUR 35 MILLION.YIT OYJ - VALUE OF CONTRACT WILL BE BOOKED IN ORDER BACKLOG IN LAST QUARTER OF 2017.  Full Article

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

Agnico Eagle posts Q4 adjusted earnings per share $0.02
Wednesday, 15 Feb 2017 05:30pm EST 

Agnico Eagle Mines Ltd : Agnico Eagle reports fourth quarter and full year 2016 results - Meliadine and Amaruq projects approved for development; annual gold production expected to grow to 2.0 million ounces in 2020 . Q4 adjusted earnings per share $0.02 excluding items . Q4 earnings per share $0.28 . Agnico Eagle Mines Ltd - annual gold production expected to grow to 2.0 million ounces in 2020 . Agnico Eagle - gold production forecasts for 2017 and 2018 are unchanged from previous guidance of approximately 1.55 and 1.50 million ounces, respectively . Agnico Eagle Mines Ltd - payable production in Q4 of 2016 was 426,433 ounces of gold, compared to 422,328 ounces in Q4 of 2015 . Agnico Eagle Mines Ltd - cost guidance for 2017 unchanged from prior year's guidance . Agnico Eagle Mines Ltd - cost guidance for 2017 essentially unchanged from prior year's guidance . Agnico Eagle Mines - gold production in 2019 is forecast to be about 1.60 million ounces, while production in 2020 is expected to be about 2.0 million ounces . Agnico Eagle Mines Ltd - total capital expenditures are forecast to be approximately $850 million in 2017, approximately $950 million in 2018 . Agnico Eagle Mines Ltd - total capital expenditures are forecast to be approximately $500 million in 2019 . Agnico Eagle Mines Ltd - annual sustaining capital expenditures for 2017 and beyond are expected to remain stable at approximately $300 million.  Full Article