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Agnico Eagle

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565:, 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. 580: 534: 38: 522:, 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. 251: 234: 217: 200: 180: 1457: 656: 485:
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
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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
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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.
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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
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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
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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.
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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
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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
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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:
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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
367:, 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. 339:, 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, 701:
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.
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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.
666:– 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. 905: 678:– 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. 652:– 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. 1840: 1377: 1350: 1323: 1296: 1269: 1242: 612:
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).
1172: 949: 714:(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). 327:. 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. 811: 992: 646:– 90,000 meters of diamond drilling, an underground bulk sample, new permanent accommodations at the exploration camp, permitting infrastructure upgrades. 1850: 853: 1490: 1137: 684:– 32,000 meters of conversion and exploration drilling targeting extensions of the Vault deposit and underground potential beneath Goose South. 1369: 1342: 1315: 1288: 1234: 449:
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-HĂ©va 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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The mine is expected to run until 2032 and currently produces roughly 134,000 oz of gold per year.
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became the president of Agnico Mines, and he eventually oversaw the merger of Agnico Mines with
340: 423: 1804: 1729: 1584: 591: 479: 443: 950:"Riding a 44% gain in its share price, Agnico's first new CEO in 25 years is bullish on 2023" 1724: 1689: 1594: 1534: 1462: 719: 711: 435: 243: 1222: 1220: 1794: 1073: 627: 183: 17: 1529: 672:– 42,050 meters of drilling, which includes a follow-up exploration program for Ellison. 574: 391: 1784: 1614: 1609: 1203:"Cartier Resources Closes CA$ 4.5 Million Strategic Investment with Agnico Eagle Mines" 933: 48: 604:
operation is in the mountainous Sierra Madre gold and silver belt of northern Mexico.
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LaRonde's Penna shaft, also known as shaft 3, is believed to be the
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In 1953, five struggling mining companies joined together to become
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was acquired in an exploration-environmental partnership with the
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in 2010. In 2010, Agnico Eagle completed the purchase of the
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and exploration and development activities extending to the
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and Agnico consolidated the largest gold mines in Canada's
438:, representing a 9.2% ownership stake and access to the 952:. Financial Post, a division of Postmedia Network Inc. 307:
is a Canadian-based gold producer with operations in
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https://onlinelibrary.wiley.com/doi/10.1002/bse.2698
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deepest single lift shaft in the Western Hemisphere
503:, formerly Dumagami Mine, is located alongside the 286: 268: 258: 241: 224: 207: 190: 174: 150: 135: 127: 108: 84: 54: 44: 463:s "Mining Person of the Year Award" at the annual 1080:, September 20, 2011. Retrieved October 27, 2018, 1053:"Dumagami sheds image as a 'marginal' producer", 406:in 2007, giving Agnico Eagle 100% control of the 914:, February 28, 2018. Retrieved October 26, 2018. 1841:Companies listed on the New York Stock Exchange 1846:Companies listed on the Toronto Stock Exchange 1484: 8: 1057:, April 4, 1988. Retrieved October 27, 2018. 390:in northern Finland, which would become the 370:In 1993, they completed the purchase of the 30: 1167: 1165: 1163: 1161: 1159: 1157: 1155: 812:"Agnico-Eagle Mines Ltd 2008 Annual Report" 790:"Financials for Agnico Eagle Mines Limited" 378:. This was followed by the purchase of the 1491: 1477: 1469: 1399:.: "1ère Ă©d., 10 avril 2013". Without ISSN 1395:. 2013 onwards. MontrĂ©al: QuĂ©bĂ©cor media. 987: 985: 983: 981: 979: 977: 36: 29: 1205:. Junior Mining Network. 22 December 2016 848: 846: 844: 842: 840: 838: 474:In 2021, a $ 13.5 billion merger between 716: 710:Agnico-Eagle Mines Group reported Total 961: 959: 774: 123:(as Cobalt Consolidated Mining Company) 943: 941: 626:Meadowbank is an open-pit mine in the 1020: 1018: 930:Business Strategy and the Environment 784: 782: 780: 778: 7: 948:Friedman, Gabriel (3 January 2023). 854:"Agnico-Eagle Our Company - History" 722:(Direct + Indirect) (in kilotonnes) 1810:Wheaton Precious Metals Corporation 928:companies for governance purposes. 1580:Canadian Imperial Bank of Commerce 1575:Canadian Apartment Properties REIT 1560:Brookfield Infrastructure Partners 25: 1136:Chen, Jackson (27 October 2023). 718:Agnico-Eagle Mines Group's Total 690:– In 2018, a former gold mine in 1455: 1420:Business data for Agnico Eagle: 486:capitalization of $ 29 billion. 250: 249: 233: 232: 216: 215: 199: 198: 179: 178: 1851:Gold mining companies of Canada 1735:Restaurant Brands International 1520:Algonquin Power & Utilities 966:Lazenby, Henry (1 March 2022). 426:property, located southeast of 1: 402:in 2006, and the purchase of 1565:Brookfield Property Partners 511:region between Cadillac and 27:Canadian-based gold producer 114:; 71 years ago 1867: 1836:Companies based in Toronto 1590:Canadian Natural Resources 1177:Agnico-Eagle Mines Limited 997:Agnico-Eagle Mines Limited 659:Goldex Mining Headquarters 619: 572: 388:Suurikuusikko gold deposit 337:Cobalt Consolidated Mining 305:Agnico Eagle Mines Limited 31:Agnico Eagle Mines Limited 18:Agnico Eagle Mines Limited 1510: 384:Riddarhyttan Resources AB 35: 1525:Alimentation Couche-Tard 879:Overland, Indra (2016). 670:LaRonde/Bousquet/Ellison 442:located in the heart of 79:S&P/TSX 60 component 1710:National Bank of Canada 537:Pouring Gold into molds 386:(the 100% owner of the 254:$ 6.040 billion (2016) 237:$ 9.556 billion (2016) 1645:First Quantum Minerals 1625:Constellation Software 1555:Brookfield Corporation 1393:Vos mines vous parlent 660: 587: 538: 357:Dumagami Mines Limited 282:Riddarhyttan Resources 1800:Toronto-Dominion Bank 1740:Rogers Communications 970:. THE NORTHERN MINER. 658: 582: 536: 509:Abitibi-TĂ©miscamingue 349:Joutel mining complex 220:$ 512 million (2020) 203:$ 327 million (2016) 1745:Royal Bank of Canada 1502:companies of Canada 622:Meadowbank Gold Mine 505:Trans-Canada highway 440:Phoenix gold project 404:Cumberland Resources 280:Agnico-Eagle Finland 186:2.875 billion (2016) 1760:Shaw Communications 1695:Magna International 1173:"Financial Reports" 1117:. AVK International 1095:www.agnicoeagle.com 1030:www.agnicoeagle.com 926:extractive industry 860:on 24 February 2010 723: 583:Open Pit Mining in 396:Pinos Altos project 278:Agnico-Eagle Sweden 276:Agnico-Eagle Mexico 260:Number of employees 32: 1770:Sun Life Financial 1685:Kirkland Lake Gold 1267:on August 7, 2020. 1072:2018-10-27 at the 911:Republic of Mining 717: 661: 588: 539: 476:Kirkland Lake Gold 465:Pacific Mine Forum 459:The Northern Miner 1818: 1817: 1805:Waste Connections 1730:Power Corporation 1585:Canadian National 1505: 1375:on June 28, 2021. 1348:on June 28, 2021. 1321:on June 28, 2021. 1294:on June 28, 2021. 1240:on June 28, 2021. 1183:on 27 August 2011 1003:on 28 August 2011 993:"Operating Mines" 932:. 30, 1623–1643. 766: 765: 495:LaRonde gold mine 480:Abitibi gold belt 444:Red Lake, Ontario 380:Lapa gold deposit 359:in north-western 302: 301: 16:(Redirected from 1858: 1725:Pembina Pipeline 1690:Loblaw Companies 1595:Canadian Pacific 1535:Bank of Montreal 1503: 1493: 1486: 1479: 1470: 1465: 1463:Companies portal 1460: 1459: 1458: 1415: 1414: 1412:Official website 1380: 1376: 1374: 1368:. 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Retrieved 1197: 1185:. Retrieved 1181:the original 1176: 1142:. Retrieved 1140:. Mining.com 1131: 1119:. Retrieved 1109: 1098:. Retrieved 1094: 1085: 1077: 1062: 1054: 1049: 1044: 1033:. Retrieved 1029: 1005:. Retrieved 1001:the original 996: 929: 919: 909: 901: 889:. Retrieved 885:ResearchGate 884: 874: 862:. Retrieved 858:the original 826:. Retrieved 819:the original 806: 794:. Retrieved 709: 700: 692:South Dakota 687: 686: 681: 680: 675: 674: 669: 668: 663: 662: 649: 648: 643: 642: 638: 625: 611: 602: 589: 575:Kittilä mine 560: 552: 540: 524: 517: 501:LaRonde mine 498: 484: 473: 469: 457: 451: 448: 432:Rankin Inlet 416: 392:Kittilä mine 369: 365:LaRonde mine 353: 334: 304: 303: 294:.agnicoeagle 270:Subsidiaries 244:Total equity 227:Total assets 136:Headquarters 45:Company type 1440:SEC filings 1209:22 December 1144:11 December 1121:11 December 792:. TMX Money 676:Pinos Altos 635:Exploration 599:Pinos Altos 372:Goldex mine 166:Sean Boyd ( 1825:Categories 1755:Scotiabank 1100:2023-02-16 1067:Niles, Tim 1035:2023-02-16 828:2009-04-30 796:10 January 769:References 682:Meadowbank 616:Meadowbank 490:Operations 428:Meadowbank 420:Meadowbank 414:, Canada. 408:Meadowbank 341:Paul Penna 210:Net income 152:Key people 131:Paul Penna 1780:TC Energy 1630:Dollarama 1425:Bloomberg 1187:24 August 1007:24 August 864:24 August 742:Dec 2020 688:Gilt Edge 644:Meliadine 456:received 454:Sean Boyd 424:Meliadine 382:in 2000, 317:Australia 96:Producers 57:Traded as 1720:OpenText 1700:Manulife 1640:Enbridge 1070:Archived 891:2 August 739:Dec 2019 736:Dec 2018 733:Dec 2017 730:Dec 2016 727:Dec 2015 608:La India 158:chairman 146:, Canada 100:Products 85:Industry 1765:Shopify 1715:Nutrien 1435:Reuters 1378:Alt URL 1351:Alt URL 1324:Alt URL 1297:Alt URL 1270:Alt URL 1243:Alt URL 887:. Arran 650:Kittilä 590:In the 569:Kittilä 507:in the 467:(PMF). 412:Nunavut 331:History 313:Finland 287:Website 175:Revenue 160:of the 144:Ontario 140:Toronto 128:Founder 117: ( 109:Founded 73::  65::  1750:Saputo 1670:Gildan 1655:Fortis 1570:Cameco 1445:Yahoo! 1430:Google 664:Goldex 563:Quebec 547:Quebec 543:Quebec 529:Goldex 400:Mexico 376:Quebec 361:Quebec 321:Mexico 309:Canada 98:& 91:& 89:Mining 49:Public 1790:Telus 1705:Metro 1635:Emera 1373:(PDF) 1366:(PDF) 1346:(PDF) 1339:(PDF) 1319:(PDF) 1312:(PDF) 1292:(PDF) 1285:(PDF) 1265:(PDF) 1258:(PDF) 1238:(PDF) 1231:(PDF) 822:(PDF) 815:(PDF) 430:near 162:board 1785:Teck 1211:2016 1189:2011 1146:2023 1123:2023 1009:2011 893:2018 866:2011 798:2018 762:578 557:Lapa 499:The 319:and 296:.com 119:1953 112:1953 93:Gold 71:NYSE 1620:CGI 1550:BCE 1397:N.B 759:521 756:411 753:415 750:400 747:407 696:EPA 398:in 292:www 168:CEO 75:AEM 67:AEM 63:TSX 1827:: 1219:^ 1175:. 1154:^ 1093:. 1028:. 1017:^ 995:. 976:^ 958:^ 940:^ 883:. 837:^ 777:^ 698:. 515:. 482:. 446:. 315:, 311:, 184:$ 142:, 1492:e 1485:t 1478:v 1213:. 1191:. 1148:. 1125:. 1103:. 1038:. 1011:. 895:. 868:. 831:. 800:. 461:' 170:) 164:) 121:) 20:)

Index

Agnico Eagle Mines Limited

Public
Traded as
TSX
AEM
NYSE
AEM
S&P/TSX 60 component
Mining
Gold
Producers
Products
Manufacturing
Toronto
Ontario
chairman
board
CEO
$
Operating income
Net income
Total assets
Total equity
Subsidiaries
www.agnicoeagle.com
Canada
Finland
Australia
Mexico

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