Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last C$32.51 CAD
Change Today +1.27 / 4.07%
Volume 1.5M
AEM On Other Exchanges
Symbol
Exchange
New York
Toronto
Frankfurt
As of 4:00 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).
text size: T | T
Back to Snapshot
Company Description

Contact Info

145 King Street East

Suite 400

Toronto, ON M5C 2Y7

Canada

Phone: 416-947-1212

Fax: 416-367-4681

Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties. It primarily explores for gold, as well as for silver, copper, zinc, and lead. Business Units and Foreign Operations The company operates through three business units: Northern Business, Southern Business, and Exploration. The Northern Business includes the company's operations in Canada and Finland. Its Canadian properties include the LaRonde mine, the Lapa mine, the Goldex mine, the Meadowbank mine, and the Meliadine project, each of which is held directly by the company. The company's operations in Finland are conducted through its indirect subsidiary, Agnico Eagle Finland Oy, which owns the Kittila mine. The Southern Business includes the company's operations in Mexico. The company's mining at Pinos Altos is conducted through its subsidiary, Agnico Eagle Mexico S.A. de C.V., which owns the Pinos Altos mine, including the Creston Mascota deposit. The La India mine is owned by the company's indirect subsidiary, Agnico Sonora, S.A. de C.V. The Exploration group focuses primarily on the identification of new mineral reserves and resources and new development opportunities in proven gold producing regions. Exploration activities are concentrated in Canada, Europe, Latin America, and the United States. The company manages 72 properties in Canada, 5 properties in the United States, 3 groups of properties in Finland, 1 property in Sweden and 12 properties in Mexico. Northern Business LaRonde Mine: The LaRonde mine is situated approximately halfway between the city of Rouyn-Noranda and the city of Val d'Or in northwestern Quebec (approximately 470 kilometres northwest of Montreal, Quebec) in the municipalities of Preissac and Cadillac. As of December 31, 2014, the LaRonde mine was estimated to have proven and probable mineral reserves containing approximately 3.43 million ounces of gold comprised of 20.5 million tonnes of ore grading 5.20 grams per tonne. The LaRonde mine consists of the LaRonde property and the adjacent El Coco and Terrex properties, each of which is 100% owned and operated by the company. The LaRonde property consists of 36 contiguous mining claims and 1 provincial mining lease and covers in total 1,047.4 hectares. The El Coco property consists of 22 contiguous mining claims and 1 provincial mining lease and covers in total 356.7 hectares. The Terrex property consists of 21 mining claims and 1 provincial mining lease. The Terrex property covers in total 424.4 hectares. The company also has three surface rights leases that cover in total approximately 303.6 hectares that relate to the water pipeline right of way from Lake Preissac and the eastern extension of the LaRonde tailings pond #7 on the El Coco property. Lapa Mine The Lapa mine is located approximately 11 kilometres east of the LaRonde mine near Cadillac, Quebec. As of December 31, 2014, the Lapa mine was estimated to contain proven and probable mineral reserves of 0.2 million ounces of gold comprised of 0.9 million tonnes of ore grading 5.9 grams per tonne. The Lapa property is made up of the Tonawanda property, which consists of 44 contiguous mining claims and 1 provincial mining lease covering an aggregate of 702.4 hectares, and the Zulapa property, which consists of 1 mining concession covering 93.5 hectares. Goldex Mine The Goldex mine is located in the City of Val d'Or, Quebec, approximately 60 kilometres east of the LaRonde mine. The proven and probable mineral reserves at Goldex, as of December 31, 2014 were approximately 0.3 million ounces of gold comprised of 7.1 million tonnes of ore grading 1.49 grams per tonne, all in the M and E Zones. The Goldex property consists of 22 contiguous mining claims and one provincial mining lease (98.6 hectares), covering an aggregate of 331.2 hectares. The company also has one surface lease covering 418.5 hectares that is used for the auxiliary tailings pond. Canadian Malartic Mine The Canadian Malartic mine is located approximately 25 kilometres west of the City of Val-d'Or and 80 kilometres east of City of Rouyn-Noranda. The mine lies within the town of Ma

Page 12Next Page
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
AEM:CN C$32.51 CAD +1.27

AEM Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Fresnillo PLC 620.50 GBp +8.00
Newcrest Mining Ltd A$11.28 AUD +0.28
Polymetal International PLC 482.50 GBp +8.20
Randgold Resources Ltd 3,959 GBp +33.00
Yamana Gold Inc C$2.59 CAD +0.10
View Industry Companies
 

Industry Analysis

AEM

Industry Average

Valuation AEM Industry Range
Price/Earnings 100.0x
Price/Sales 2.7x
Price/Book 1.3x
Price/Cash Flow 9.7x
TEV/Sales 2.0x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact AGNICO EAGLE MINES LTD, please visit www.agnico-eagle.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.