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Agnico Eagle Mines Ltd AEM


Primary Symbol: T.AEM

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

Comment by MaterialsManon Nov 23, 2024 9:07am
56 Views
Post# 36327306

RE:AEM: The Hedge Against Uncertainty?

RE:AEM: The Hedge Against Uncertainty?AEM certainly does seem solid.
If it weren't for BTC hogging all the headlines, we'd all be in fat city.
The younger generations appear to be convinced that Cryptos are the new precious metals with Bitcoin being the new gold.
The problem for them may end up being the short history of crypto.
Who knows, it may take over, or it may become a flash  in the pan.
Probably a good idea to have some exposure just in case it does become the new world currency.
However, there might be a little issue with the digital thing if the grid or the internet somehow gets disrupted.
I'd hate to have to try and buy groceries at the supermarket if that were to happen, that's if I could buy gas to get there.
So far the grand experiment of a cashless society is holding together.

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