OrbitonOpen research workspace →
Agnico Eagle Mines Limited logo

Agnico Eagle Mines Limited

TSX:AEMLive AI agent

Agnico Eagle is Canada's largest mining company and the second largest gold producer in the world, with operations in Canada, Australia, Finland, and Mexico.

Investor website: https://agnicoeagle.com/

About

Agnico Eagle is Canada's largest mining company and the second largest gold producer in the world, with operations in Canada, Australia, Finland, and Mexico. Founded in 1957, the company is committed to sustainable growth and has a strong track record of value creation, having declared a cash dividend every year since 1983. Agnico Eagle is recognized for its sustainability practices and aims to make mining beneficial for all stakeholders.

Verified company data

Mineral resource
Total Gold Mineral Reserves & Mineral Resources as at December 31, 2025: Proven & Probable Gold Mineral Reserves: 55.4 million oz gold; Measured & Indicated Gold Mineral Resources: 47.1 million oz gold; Inferred Gold Mineral Resources: 41.8 million oz gold. For details, see the year-end 2025 Mineral Reserves and Mineral Resources statement.
Projects
["LaRonde Complex\nQuebec, Canada","Canadian Malartic Complex\nQuebec, Canada\nThe Canadian Malartic complex in northwestern Quebec is one of the largest gold mining operations in the world. It consists of two mines: the Canadian Malartic mine, one of Canada’s largest open-pit gold mines; and the Odyssey mine, set to become the largest underground gold mine in Canada. Open-pit mining in the Canadian Malartic pit was completed in 2023 and is continuing in the adjacent Barnat pit, which is expected to operate through 2029. The Canadian Malartic pit is now being used for in-pit tailings disposals. The new underground Odyssey mine, where mining began from the Odyssey South zone in 2023, is expected to produce 8.5 million ounces of payable gold from 2023 to 2042. Both open-pit and underground ores are processed at the 60,000-tpd-capacity Canadian Malartic mineral processing facility, using a crushing-grinding process to recover gold and silver. The Odyssey mine is expected to use approximately one third of the mill capacity, leaving approximately 40,000 tpd of excess capacity starting in 2028. With its “Fill the Mill” strategy, the Company is advancing three gold projects to potentially utilize a portion of this excess capacity and position Canadian Malartic to ramp-up toward 1 million ounces of annual gold production starting in 2033. These projects include a second shaft at Odyssey, the development of a satellite open pit at Marban and the development of the Wasamac underground project. Marban and Wasamac are located 12 km and 100 km from the Canadian Malartic mill, respectively.","Goldex Complex\nQuebec, Canada","Detour Lake Mine\nOntario, Canada\nL’exploitation à ciel ouvert Detour Lake est la plus grande mine d’or en production au Canada et elle possède les plus grandes réserves minérales aurifères du pays. Sa durée de vie est prévue jusqu’aux années 2050. Située dans la partie la plus au nord de la ceinture de roches vertes de l’Abitibi, cette mine appartenait à l’origine à Placer Dome. De 1987 à 1990, l’extraction se faisait principalement sous terre. La production a repris en 2013 sous la forme d’une exploitation à ciel ouvert sous la propriété de Detour Gold Corporation. Agnico Eagle a acquis sa participation dans la mine Detour Lake le 8 février 2022 par la biais d’une fusion entre égaux avec Kirkland Lake Gold Ltd. Le minerai est traité au moyen d’une installation conventionnelle de traitement par concassage, broyage, gravité, cyanuration et charbon-en-pulpe afin de récupérer l’or.","Macassa Mine\nOntario, Canada","Meliadine Mine\nNunavut, Canada","Meadowbank Complex\nNunavut, Canada","Fosterville Mine\nVictoria, Australia","Kittilä Mine\nLapland, Finland","Pinos Altos Mine\nChihuahua, Mexico","Marban\nQuebec, Canada","Wasamac\nQuebec, Canada","Hammond Reef\nOntario, Canada","Upper Beaver\nOntario, Canada","Hope Bay\nNunavut, Canada","Ikkari\nLapland, Finland","San Nicolás (50%)\nZacatecas, Mexico"]
Leadership
Sean Boyd (Chair of the Board, Director since 1998, previously CEO and CFO, recognized as Global Visionary of the Year CEO), Jeffrey Parr CPA, CA, ICD.D (Vice Chair of the Board, Director since 2022, retired with over 30 years of executive management experience), Jamie Sokalsky CPA, CA (Lead Director, Director since 2015, former President and CEO of Barrick Gold Corporation), The Hon. Leona Aglukkaq P.C. (Director since 2021, experienced politician and government administrator), Ammar Al-Joundi P.Eng, MBA (President & CEO, Director since 2022, previously President of Agnico Eagle), Martine A. Celej (Director since 2011, Senior Portfolio Manager with RBC Dominion Securities), Jonathan Gill (Director since 2022, Professional Engineer with over 60 years of mining experience), Peter Grosskopf CFA (Director since 2022, CEO of SCP Resource Finance LP with over 35 years in financial services), Elizabeth Lewis-Gray FAusIMM FTSE GAICD (Director since 2022, co-founder and Chair of Gekko Systems), Deborah McCombe P.Geo. (Director since 2014, former Technical Director at SLR Consulting), J. Merfyn Roberts CA (Director since 2008, retired fund manager and investment advisor), Natasha Vaz P.Eng. (Executive Vice President, Chief Operating Officer – Ontario, Australia & Mexico, extensive experience in operational and technical services roles).

Verified data last updated:

Recent filings