Agnico Eagle Mines today reported a quarterly net income of $105.3 million, or net income of $0.44 per share, for the second quarter of 2020. This result includes non-cash mark-to-market gains on warrants of $33.7 million, derivative gains on financial instruments of $16.0 million, foreign currency translation gains on deferred tax liabilities of [...]
Coring was initiated on July 14th Drill will test Regional Orogenic Gold and Volcanogenic Massive Sulphide targets. Drill will test for continuity and extensions of higher-grade intercepts within the Avan and Central zones. Early stage Spectrographic Ore/Waste separation studies have been initiated. Stringent COVID-19 protocols will be enforced, in [...]
Agnico Eagle Mines Ltd. today announced that it will release its second quarter 2020 results on Wednesday, July 29, 2020, after normal trading hours. Second Quarter 2020 Results Conference Call Webcast Agnico Eagle's senior management will host a conference call on Thursday, July 30, 2020 at 11:00 AM to discuss the Company's financial and operating [...]
BTV-Business Television partners with Invest Canada North to showcase mining opportunities in Canada's Northern Territories. Discover Companies to Invest In Click company name to watch their TV feature: Agnico Eagle Mines Ltd. - With eight operating mines, two in Nunavut, this company is focused on both profitable mining and creating wealth and [...]
Agnico Eagle Mines today announced that, at the annual and special meeting of shareholders held on May 1, 2020, each of the ten nominees listed in the management information circular dated March 17, 2020, were elected as directors of Agnico Eagle. Detailed results of the vote are set out below: Nominee Votes For Votes Withheld Total Votes Cast [...]
Agnico Eagle Mines Ltd. today reported a quarterly net loss of $21.6 million, or net loss of $0.09 per share, for the first quarter of 2020. This result includes non-cash foreign currency translation losses on deferred tax liabilities of $44.2 million, mark-to-market derivative losses on financial instruments of $22.1 million, non-cash foreign [...]
Agnico Eagle Mines Ltd. is providing an update following the announcement by the Government of Quebec on April 13, 2020 to add mining operations to the list of priority activities and services that are permitted to operate while the Province responds to the COVID-19 pandemic. Pursuant to the Government of Quebec's announcement, mining activities [...]
Agnico Eagle Mines Ltd. provided notice today of an update to the location for the Company's 2020 Annual and Special Meeting of Shareholders, to be held on Friday, May 1, 2020. Additionally, the Company today announced that it will release its first quarter 2020 results on Thursday, April 30, 2020, after normal trading hours. Annual Meeting Due to [...]
Agnico Eagle Mines Ltd. is providing an update following the Government of Mexico's decree relating to the COVID-19 pandemic that all non-essential businesses suspend operations until April 30, 2020. The Government of Mexico has defined mining operations as a non-essential business. Pursuant to the Decree, mining operations at the Company's Mexico [...]
Agnico Eagle Mines Ltd. is providing a further update on its Quebec and Nunavut operations. Today the Company held discussions with representatives from the Government of Quebec to get additional clarity in regard to the order by the Government of Quebec to close all non-essential businesses in response to the COVID-19 outbreak issued on the [...]
Agnico Eagle Mines Ltd. is providing an update following yesterday afternoon's order by the Government of Quebec to close all non-essential businesses relating to COVID-19. Pursuant to this order, mining operations have been directed to minimize their activities until April 13, 2020. The Company is communicating with the Government of Quebec to [...]
Agnico Eagle Mines Ltd. is providing an update on its Nunavut operations following yesterday's declaration of a state of public health emergency relating to COVID-19 by the Government of Nunavut. At the present time there are no confirmed cases of COVID-19 in Nunavut or at any of Agnico Eagle's global operations. The Company is working to ensure [...]