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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.


TSX:AEM - Post by User

Agnico Eagle Mines Ltd (Ontario) > New to aem
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Comment by bogfiton Feb 08, 2024 8:25am
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Post# 35869358

RE:RE:New to aem

RE:RE:New to aem"China, the world’s second-largest economy, reported its consumer price index fell a sharper-than-expected 0.8%, year-on-year, in January. That’s the fourth consecutive month of declines and the biggest contraction since 2009. China is facing “significant economic headwinds that could impact investors around the world,” said Nigel Green, the CEO of deVere Group. “Prolonged deflation in China poses a threat to its manufacturing and export sectors, key drivers of that nation’s economic growth and sectors often favored by international investors. The deflationary trend in China could also weigh heavily on commodities and industries dependent on natural resources.” Green said the cumulative effect of three years of economic downturn, “erasing a staggering $7 trillion of value, demands a departure from the smaller measures. It’s time for Beijing to adopt steps to reignite growth and restore confidence,” Green said."

Gold price lower following downbeat China data | Kitco News


Default is NEWS, plans to support is NOISE.

b.
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