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.

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Agnico Eagle Mines Ltd > Dividend stuck at 2022's $1.60 rate despite gold up $500/oz

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Comment by willyk3on May 13, 2024 3:08pm

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Post# 36037356

RE:RE:RE:Dividend stuck at 2022's $1.60 rate despite gold up $500/oz

Stocks go up and stocks go down. A major hiccup in the price of bullion and your 50 per cent gain is down the tubes. In the old days many resource companies payed out special dividends when the money was rolling in. I liked that. Only the oil and gas outfits are warming up to that model but I wish that all resource companies would pay out something extra when windfall profits are the norm.

I

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