Company
Agnico Eagle Mines Limited
Headquarters: Toronto, ON, Canada
Founded: 1953 as Cobalt Consolidated Mining Company
Employees: 6,810
CEO: Mr. Ammar Al-Joundi M.B.A.
Market Cap
C$32.66 Billion
CAD as of July 1, 2023
US$24.65 Billion
Agnico Eagle Mines Limited Categories
Canada
languages
Basic Materials
languages
Gold
Canada Basic Materials
Canada Gold
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Industry: Gold
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Detailed Description
Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Mexico, and Finland. It operates through Northern Business and Southern Business segments. The company primarily produces and sells gold deposits, as well as explores for silver, zinc, and copper deposits. Its flagship property is the LaRonde mine located in the Abitibi region of northwestern Quebec, Canada. As of December 31, 2021, the company's LaRonde mine had proven and probable mineral reserves of approximately 3.0 million ounces of gold. It is also involved in exploration activities in Europe, Latin America, and the United States. The company was incorporated in 1953 and is headquartered in Toronto, Canada.
Key People
Founder(s): Paul Penna
James D. Nasso (Chairman of the Board) Sean Boyd (CEO)
Financials
Revenue: $ 2.875 billion (2016)
Operating income: $ 327 million (2016)
Net income: $ 512 million (2020)
Total assets: $ 9.556 billion (2016)
Total equity: $ 6.040 billion (2016)