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Agnico Eagle Mines Ltd T.AEM

Alternate Symbol(s):  AEM

Metals & Mining Gold
Agnico Eagle Mines Limited is a Canada-based gold mining company engaged in producing precious metals from operations in Canada, Australia, Finland and Mexico. It 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, Hope Bay/ Oro, 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
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Post by bogfiton Feb 09, 2024 10:48am
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Post# 35872269

China deflation could help to cut interest rates

China deflation could help to cut interest rates
Citigroup analysts said this week that falling prices in China could help to hasten moves by central banks in emerging markets to cut interest rates this year, particularly in countries that consume relatively large shares of Chinese goods.

“We as investors are only just starting to connect the dots” on how falling prices imported from China might play out across markets, said Luis Costa, global head of emerging markets sovereign debt strategy at Citigroup. “The question is the magnitude.”

Low-cost Chinese-made goods have been a feature of global trade since Beijing joined the WTO in 2001. But weak domestic demand as a result of China’s prolonged property bust and a weaker renminbi are leading investors to forecast that exports could be an especially powerful force this year.

https://www.ft.com/content/3b45b700-e7ca-4a8a-9946-21e289d9fefe

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