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Agnico Eagle Mines Ltd (Ontario) T.AEM

Alternate Symbol(s):  AEM

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.


TSX:AEM - Post by User

Comment by TheREVOlutionon Mar 04, 2024 2:22am
107 Views
Post# 35912565

RE:RE:Looks like Agnico going to make a move to buy Prism

RE:RE:Looks like Agnico going to make a move to buy Prism

Further proof :    Agnico is going to do some exploration/drilling in 2024 on the property that Prism (PRS.H) owns the 7.5% net profit royalty on and no doubt they want to retire this large royalty before they make any new discoveries or expand on area 58N:

" In addition, the Company expects to spend approximately $7.4 million for 40,000 metres of regional drilling in 2024, to explore satellite targets on the Company's large 107,400 hectare land position around the Detour Lake and adjacent Detour East properties that could potentially provide mill feed to the Detour Lake operation. " Zone 58N which they already know the ore can be milled at the Detour facility stands at 543,000 ounces 5.8 g/t measured and indicated plus 136,000 ounces 4.35 g/t inferred.

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