Agnico Eagle Mines Ltd (Ontario) T.AEM

Alternate Symbol(s): AEM

Metals & Mining Gold

Agnico Eagle Mines Limited is a Canada-based gold mining company, which is engaged in producing precious metals from operations in Canada, Australia, Finland and Mexico. The Company has a pipeline of exploration and development projects in these countries as well as in the United States. Its operations include Canadian Malartic Complex, Detour Lake, Fosterville, Goldex, Kittila, La India, LaRonde Complex, Macassa, Meadowbank Complex, Meliadine and Pinos Altos. Its exploration site includes Anza, Barsele, Delta, Douay/Joutel, Kirkland Lake Regional, Kuotko, Monument Bay and others. The Canadian Malartic Complex is located over 25 kilometers (km) west of Val-d’Or in northwestern Quebec, Canada. The Detour Lake operation is located in northeastern Ontario, over 300 km northeast of Timmins and 185 km by road northeast of Cochrane, within the northernmost Abitibi Greenstone Belt. The Fosterville mine is a high-grade, low-cost underground gold mine, located 20 km from the city of Bendigo.

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Agnico Eagle Mines Ltd (Ontario) > 2023 Gold and inflation

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Comment by bogfiton Feb 16, 2024 3:28pm

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Post# 35884900

RE:RE:RE:2023 Gold and inflation

"3:1 ratio hasn't worked in years"

I suspected as much due to recent inflation of labor and energy costs. But the point is: Is there leverage or not? Are you saying that gold miners earnings have no leverage to POG? The problem with real life examples is that there a many other factors that will affect earnings that are not related to movement of POG JMHO.

The last calculations I did on Sivler producers 2016-2018, the leverage was about 2.5:1.

b.

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