554:, Canada, is one of Agnico Eagle's smaller operations employing 192 people, with a 6-year mine life expectancy (2009-2015). The main headframe that is used at the Lapa mine was constructed almost entirely from a pre-existing headframe at LaRonde. The original headframe was dismantled, sand blasted and painted before it was installed at Lapa. Although Lapa may be a smaller operation in comparison to our other mines, it is one of Agnico Eagle's highest-grade mines, with reserve grades twice as rich as the company average.
569:
523:
27:
511:, descending more than three kilometres (or 9800ft) below the surface. It is estimated to have the longest potential lifespan of Agnico Eagle's six operating mines, estimated to be approximately 35 years once completed, from 1988 to 2023. The lifespan is now expected to run until 2032. The operation currently mines gold, zinc, copper and silver ores and employs 1,042 workers.
240:
223:
206:
189:
169:
1446:
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474:
Company veteran Ammar Al-Joundi was appointed CEO of Agnico on 1 March 2022, after Tony Makuch, the holdover CEO from its merger with KL Gold, lasted only three weeks in the job and was fired by Sean Boyd who had progressed by then to the Chair the amalamgated company, which at the time had a market
583:
of
Northern Finland, Agnico Eagle's Kittilä operation has a life expectancy of 23 years (2009–2032). With 375 employees, this open pit and underground mine is one of the largest known gold deposits in all of Europe, containing almost 4.9 million ounces of gold in reserves. Aggressive exploration is
619:
of
Nunavut with an 8-year life expectancy (2010 – 2017). Meadowbank is one of Agnico Eagle's most recent mine to begin operation, and has about 650 employees. In 2010 the first gold brick was poured at Meadowbank, which was also the first ever gold brick to be poured in the history of Nunavut.
538:
government in the restoration of the nearby abandoned
Manitou mine tailings site. Through an innovative approach, the tailings from the Goldex mine are sent through a 25 km long pipeline to the Manitou site where they neutralize the acidic waters in the area, the result of years of poorly
592:
Agnico Eagle's largest employer, with 972 employees, is the Pinos Altos mine located in the state of
Chihuahua, in northern Mexico. Pinos Altos began operation in 2009 and is expected to continue until 2026, resulting in an estimated 17 years of production. The open-pit and underground mining
539:
confined tailings generated between 1942 and 1979 by the mining companies operating the
Manitou project at the time. Not only do the Goldex tailings neutralize and help rehabilitate the site, but the system also eliminates the need for a tailings pond at the Goldex site itself.
406:
As a result of these purchases, the following years would see Agnico Eagle grow from a single-operation gold producer (LaRonde) to a much larger company consisting of 6 mines in total, with Goldex going into production in 2008, Kittila, Lapa and Pinos Altos in 2009, and
912:
Overland, I., Bourmistrov, A., Dale, B., Irlbacher-Fox, S., Juraev, J., Podgaiskii, E., Stammler, F., Tsani, S., Vakulchuk, R. and Wilson, E.C. 2021. The Arctic
Environmental Responsibility Index: A method to rank heterogenous
1191:
628:
The 2011 exploration program is expected to include more than 410 km of planned drilling to expand resources and convert our large gold resource to reserves. Major programs are planned at the following locations:
343:
In 1974, the Joutel mine went into production and would eventually produce approximately 1.1 million ounces of gold until its closure in 1993. During this period, Agnico Eagle also acquired the property and assets of
356:, which is now considered the flagship mining operation for Agnico Eagle, and one of the largest gold deposits in Canada. With LaRonde producing steadily, Agnico Eagle acquired more assets over the following years.
328:, which would last until 1957, when the company changed its name to Agnico Mines. "Agnico" is derived from the periodic table of elements using the symbols for silver (Ag), nickel (Ni) and cobalt (Co). In 1963,
690:
In
December 2016 Agnico invested CA$ 4.5 million into Canadian junior mining company Cartier Resources to conduct exploration on the Chimo, Benoist, Wilson, Fenton and Cadillac Extension projects in Quebec.
459:
In the 2021 Arctic
Environmental Responsibility Index (AERI) Agnico Eagle Mines Limited was ranked no. 35 among 120 oil, gas, and mining companies involved in resource extraction north of the Arctic Circle.
655:– 58,200 meters of diamond drilling will principally target resource expansion for the D zone. Pending the results of a planned mining study in 2011, a reserve conversion program will also be considered.
894:
667:– 33,800 meters of drilling including minesite (reserve conversion) and regional (resource expansion) drilling, and an underground exploration program and scoping study for the Cubiro zone.
641:– 56,200 meters of exploration and conversion drilling, and construction of an exploration ramp to accelerate the definition of resources and facilitate additional exploration at depth.
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La India is an open pit mine is located approximately 200 km east of
Hermosillo in Sonora, Mexico. It began production in February 2014 and has a mine life expectancy of 6 years.
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The mine was renamed to the LaRonde Mine by company founder Paul Penna, to honour its first project manager, mining engineer Donald J. "Don" LaRonde (c. 1931-1986).
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703:(Direct + Indirect) for 31 December 2020 at 578 Kt (+57/+11% y-o-y). The growth accelerated compared to the long-term upward trend (CAGR of +7.6% since 4Q'16).
316:. Agnico Eagle has full exposure to higher gold prices consistent with its policy of no-forward gold sales. It has paid a cash dividend every year since 1983.
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635:– 90,000 meters of diamond drilling, an underground bulk sample, new permanent accommodations at the exploration camp, permitting infrastructure upgrades.
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673:– 32,000 meters of conversion and exploration drilling targeting extensions of the Vault deposit and underground potential beneath Goose South.
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In 2016, Agnico Eagle was ranked as the 14th best of 92 oil, gas, and mining companies on indigenous rights in Arctic resource extraction.
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Employing 213 people, with an estimated mine life of 10 years (2008-2018); Goldex is an underground mine located just outside Val-d'Or,
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Lapa, located about 11 km away from the LaRonde mine (see above), in the Rivière-Héva municipality of the
Abitibi region in
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also currently underway; with the Kittilä mine serving notice that gold-mining is again a booming industry in northern Finland.
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Meadowbank is also Agnico Eagle's largest producer, estimated to produce 430,000 ounces of gold in 2014.
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897:"Agnico Eagle's Sean Boyd is TNM's Mining Person of the Year (Northern Miner – February 27, 2018)",
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The mine is expected to run until 2032 and currently produces roughly 134,000 oz of gold per year.
88:
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became the president of Agnico Mines, and he eventually oversaw the merger of Agnico Mines with
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939:"Riding a 44% gain in its share price, Agnico's first new CEO in 25 years is bullish on 2023"
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661:– 42,050 meters of drilling, which includes a follow-up exploration program for Ellison.
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1192:"Cartier Resources Closes CA$ 4.5 Million Strategic Investment with Agnico Eagle Mines"
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operation is in the mountainous Sierra Madre gold and silver belt of northern Mexico.
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423:, Nunavut. In 2011, the company also announced a $ 70 million (CAD) investment in
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870:"Ranking Oil, Gas and Mining Companies on Indigenous Rights in the Arctic"
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1065:"Grayd VP Exploration Hans Smit on $ 275M acquisition by Agnico-Eagle",
1015:"Agnico Eagle Mines Limited - Operations - Operations - LaRonde Complex"
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LaRonde's Penna shaft, also known as shaft 3, is believed to be the
324:
In 1953, five struggling mining companies joined together to become
1104:"Supplying more than 100 valves to the largest gold mine in Europe"
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683:
was acquired in an exploration-environmental partnership with the
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957:"New Agnico Eagle positioned for growth, says chairman Sean Boyd"
81:
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1080:"Agnico Eagle Mines Limited - Operations - Operations - Goldex"
1127:"Agnico operating permit restored for Kittila mine in Finland"
684:
340:. The newly formed company became Agnico Eagle Mines Limited.
280:
1400:
1352:"Agnico-Eagle Mines Group's Sustainability Report for 2020Q4"
1325:"Agnico-Eagle Mines Group's Sustainability Report for 2020Q4"
1298:"Agnico-Eagle Mines Group's Sustainability Report for 2020Q4"
1271:"Agnico-Eagle Mines Group's Sustainability Report for 2020Q4"
1244:"Agnico-Eagle Mines Group's Sustainability Report for 2019Q4"
1217:"Agnico-Eagle Mines Group's Sustainability Report for 2020Q4"
411:
in 2010. In 2010, Agnico Eagle completed the purchase of the
312:
and exploration and development activities extending to the
534:, Canada. Goldex is unique due to its partnership with the
467:
and Agnico consolidated the largest gold mines in Canada's
427:, representing a 9.2% ownership stake and access to the
941:. Financial Post, a division of Postmedia Network Inc.
296:
is a Canadian-based gold producer with operations in
923:
https://onlinelibrary.wiley.com/doi/10.1002/bse.2698
509:
deepest single lift shaft in the Western Hemisphere
492:, formerly Dumagami Mine, is located alongside the
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452:s "Mining Person of the Year Award" at the annual
1069:, September 20, 2011. Retrieved October 27, 2018,
1042:"Dumagami sheds image as a 'marginal' producer",
395:in 2007, giving Agnico Eagle 100% control of the
903:, February 28, 2018. Retrieved October 26, 2018.
1830:Companies listed on the New York Stock Exchange
1835:Companies listed on the Toronto Stock Exchange
1473:
8:
1046:, April 4, 1988. Retrieved October 27, 2018.
379:in northern Finland, which would become the
359:In 1993, they completed the purchase of the
19:
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801:"Agnico-Eagle Mines Ltd 2008 Annual Report"
779:"Financials for Agnico Eagle Mines Limited"
367:. This was followed by the purchase of the
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1388:.: "1ère éd., 10 avril 2013". Without ISSN
1384:. 2013 onwards. Montréal: Québécor media.
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1194:. Junior Mining Network. 22 December 2016
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463:In 2021, a $ 13.5 billion merger between
705:
699:Agnico-Eagle Mines Group reported Total
950:
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112:(as Cobalt Consolidated Mining Company)
932:
930:
615:Meadowbank is an open-pit mine in the
1009:
1007:
919:Business Strategy and the Environment
773:
771:
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767:
7:
937:Friedman, Gabriel (3 January 2023).
843:"Agnico-Eagle Our Company - History"
711:(Direct + Indirect) (in kilotonnes)
1799:Wheaton Precious Metals Corporation
917:companies for governance purposes.
1569:Canadian Imperial Bank of Commerce
1564:Canadian Apartment Properties REIT
1549:Brookfield Infrastructure Partners
14:
1125:Chen, Jackson (27 October 2023).
707:Agnico-Eagle Mines Group's Total
679:– In 2018, a former gold mine in
1444:
1409:Business data for Agnico Eagle:
475:capitalization of $ 29 billion.
239:
238:
222:
221:
205:
204:
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1840:Gold mining companies of Canada
1724:Restaurant Brands International
1509:Algonquin Power & Utilities
955:Lazenby, Henry (1 March 2022).
415:property, located southeast of
1:
391:in 2006, and the purchase of
1554:Brookfield Property Partners
500:region between Cadillac and
16:Canadian-based gold producer
103:; 71 years ago
1856:
1825:Companies based in Toronto
1579:Canadian Natural Resources
1166:Agnico-Eagle Mines Limited
986:Agnico-Eagle Mines Limited
648:Goldex Mining Headquarters
608:
561:
377:Suurikuusikko gold deposit
326:Cobalt Consolidated Mining
294:Agnico Eagle Mines Limited
20:Agnico Eagle Mines Limited
1499:
373:Riddarhyttan Resources AB
24:
1514:Alimentation Couche-Tard
868:Overland, Indra (2016).
659:LaRonde/Bousquet/Ellison
431:located in the heart of
68:S&P/TSX 60 component
1699:National Bank of Canada
526:Pouring Gold into molds
375:(the 100% owner of the
243:$ 6.040 billion (2016)
226:$ 9.556 billion (2016)
1634:First Quantum Minerals
1614:Constellation Software
1544:Brookfield Corporation
1382:Vos mines vous parlent
649:
576:
527:
346:Dumagami Mines Limited
271:Riddarhyttan Resources
1789:Toronto-Dominion Bank
1729:Rogers Communications
959:. THE NORTHERN MINER.
647:
571:
525:
498:Abitibi-TĂ©miscamingue
338:Joutel mining complex
209:$ 512 million (2020)
192:$ 327 million (2016)
1734:Royal Bank of Canada
1491:companies of Canada
611:Meadowbank Gold Mine
494:Trans-Canada highway
429:Phoenix gold project
393:Cumberland Resources
269:Agnico-Eagle Finland
175:2.875 billion (2016)
1749:Shaw Communications
1684:Magna International
1162:"Financial Reports"
1106:. AVK International
1084:www.agnicoeagle.com
1019:www.agnicoeagle.com
915:extractive industry
849:on 24 February 2010
712:
572:Open Pit Mining in
385:Pinos Altos project
267:Agnico-Eagle Sweden
265:Agnico-Eagle Mexico
249:Number of employees
21:
1759:Sun Life Financial
1674:Kirkland Lake Gold
1256:on August 7, 2020.
1061:2018-10-27 at the
900:Republic of Mining
706:
650:
577:
528:
465:Kirkland Lake Gold
454:Pacific Mine Forum
448:The Northern Miner
1807:
1806:
1794:Waste Connections
1719:Power Corporation
1574:Canadian National
1494:
1364:on June 28, 2021.
1337:on June 28, 2021.
1310:on June 28, 2021.
1283:on June 28, 2021.
1229:on June 28, 2021.
1172:on 27 August 2011
992:on 28 August 2011
982:"Operating Mines"
921:. 30, 1623–1643.
755:
754:
484:LaRonde gold mine
469:Abitibi gold belt
433:Red Lake, Ontario
369:Lapa gold deposit
348:in north-western
291:
290:
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1714:Pembina Pipeline
1679:Loblaw Companies
1584:Canadian Pacific
1524:Bank of Montreal
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1452:Companies portal
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1401:Official website
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695:Carbon footprint
574:Kittilä, Finland
502:Val-d'or, Quebec
425:Rubicon Minerals
399:gold project in
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1493:(June 22, 2020)
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1529:Barrick Gold
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381:Kittilä mine
358:
354:LaRonde mine
342:
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293:
292:
283:.agnicoeagle
259:Subsidiaries
233:Total equity
216:Total assets
125:Headquarters
34:Company type
1429:SEC filings
1198:22 December
1133:11 December
1110:11 December
781:. TMX Money
665:Pinos Altos
624:Exploration
588:Pinos Altos
361:Goldex mine
155:Sean Boyd (
1814:Categories
1744:Scotiabank
1089:2023-02-16
1056:Niles, Tim
1024:2023-02-16
817:2009-04-30
785:10 January
758:References
671:Meadowbank
605:Meadowbank
479:Operations
417:Meadowbank
409:Meadowbank
403:, Canada.
397:Meadowbank
330:Paul Penna
199:Net income
141:Key people
120:Paul Penna
1769:TC Energy
1619:Dollarama
1414:Bloomberg
1176:24 August
996:24 August
853:24 August
731:Dec 2020
677:Gilt Edge
633:Meliadine
445:received
443:Sean Boyd
413:Meliadine
371:in 2000,
306:Australia
85:Producers
46:Traded as
1709:OpenText
1689:Manulife
1629:Enbridge
1059:Archived
880:2 August
728:Dec 2019
725:Dec 2018
722:Dec 2017
719:Dec 2016
716:Dec 2015
597:La India
147:chairman
135:, Canada
89:Products
74:Industry
1754:Shopify
1704:Nutrien
1424:Reuters
1367:Alt URL
1340:Alt URL
1313:Alt URL
1286:Alt URL
1259:Alt URL
1232:Alt URL
876:. Arran
639:Kittilä
579:In the
558:Kittilä
496:in the
456:(PMF).
401:Nunavut
320:History
302:Finland
276:Website
164:Revenue
149:of the
133:Ontario
129:Toronto
117:Founder
106: (
98:Founded
62::
54::
1739:Saputo
1659:Gildan
1644:Fortis
1559:Cameco
1434:Yahoo!
1419:Google
653:Goldex
552:Quebec
536:Quebec
532:Quebec
518:Goldex
389:Mexico
365:Quebec
350:Quebec
310:Mexico
298:Canada
87:&
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78:Mining
38:Public
1779:Telus
1694:Metro
1624:Emera
1362:(PDF)
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804:(PDF)
419:near
151:board
1774:Teck
1200:2016
1178:2011
1135:2023
1112:2023
998:2011
882:2018
855:2011
787:2018
751:578
546:Lapa
488:The
308:and
285:.com
108:1953
101:1953
82:Gold
60:NYSE
1609:CGI
1539:BCE
1386:N.B
748:521
745:411
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685:EPA
387:in
281:www
157:CEO
64:AEM
56:AEM
52:TSX
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