Agnico Eagle Mines Limited is a gold producer listed on the NYSE and TSX under AEM. It describes itself as Canada's largest mining company and the world's second-largest gold producer.
**Operating mines:**
- **Quebec:** LaRonde, Canadian Malartic (including the Odyssey underground mine) and Goldex
- **Ontario:** Detour Lake and Macassa
- **Nunavut:** Meliadine and Meadowbank (Amaruq)
- **Australia:** Fosterville
- **Finland:** Kittila
- **Mexico:** Pinos Altos
Gold is its primary product and the source of substantially all of its revenue. Silver, zinc and copper are by-products.
**Growth pipeline:**
- Odyssey Shaft #2 and the Marban and Wasamac satellite deposits, under a 'fill-the-mill' strategy at Canadian Malartic
- Detour Lake underground expansion
- The Upper Beaver gold-copper project in Ontario
- The Hope Bay project in Nunavut, with first gold expected in 2030
- The Ikkari project in Finland, acquired with Rupert Resources in June 2026
- A 50% stake in the San Nicolás copper-zinc project in Mexico
The company targets 20–30% production growth over the next decade. It returns capital through quarterly dividends and buybacks under a normal course issuer bid. Updated
A $4,264 per ounce realized gold price carried Agnico Eagle past consensus on both lines, masking a production drop to 814,012 ounces. The Barnat pit rock movement at Canadian Malartic removes up to 150,000 ounces a year in 2027 and 2028, with full-year guidance now steering toward the low end of 3.3 to 3.5 million ounces.
Jim Cramer mapped a copper rally to $100, then the breakout level collapsed within days. Now one portfolio manager is loading up on the dip and has already named the single event…
Agnico Eagle Mines Limited is a gold producer listed on the NYSE and TSX under AEM.
