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Bullboard - Stock Discussion Forum 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... see more

TSX:AEM - Post Discussion

Agnico Eagle Mines Ltd > Fosterville's future?
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Post by Quintessential1 on Jul 06, 2024 12:27pm

Fosterville's future?

Even though fosterville seems to represent the lowest AIC per ounce production wise, it's pretty far from AEM's other jurisfictions and even though OZ is a very stable place to operate it hasn't been as cooperative as it has in the past. 

Any chance of AEM unloading this mine before it becomes a burden?

How much future is left in this mine or the surrounding area?  What were the results of their last exploration drill program?  Are there any juniors having any success in the area that AEM might gobble up to extend the viable life of the mill?  Was Swan the only big strike left there?  

Extra cash to pump into Ontario and Findland might be nice especialyy now with gold futures ramping.

GLTA
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