Agnico Expands in Finland With C$3.7 Billion Gold Deal Trio
Agnico Eagle Mines Ltd. signage in Rankin Inlet, Nunavut, Canada.
Photographer: Cole Burston/BloombergAgnico Eagle Mines Ltd. plans to spend C$3.7 billion ($2.7 billion) to acquire three gold projects in northern Finland, expanding the Canadian miner’s footprint in the Scandinavian country.
The Toronto-based company will buy Rupert Resources Ltd. and Aurion Resources Ltd., and separately purchase B2Gold Corp.’s 70% stake in an exploration joint venture with Aurion in Finland’s Central Lapland belt, according to a statement on Monday.