Agnico Eagle Mines Limited

Lacklustre gold prices take shine off Agnico-Eagle

For 1997, Agnico-Eagle Mines (AGE-T) reported a loss of $121.6 million (or $2.83 per share), attributing the red ink to low gold prices. By comparison, the previous year saw the company earn $300,000 …




Companies (December 15, 1997)

Adrian ResourcesAGC Americas GoldAgnico Eagle MinesAlto MineralsAmax GoldAmbrex MiningAntares Mining and ExplorationAnvil RangeArmada GoldAtna ResourcesAurizon MinesBand-Ore ResourcesBanro ResourcesBa…



Agnico-Eagle reports second-quarter loss

Lower gold prices and production, as well as reduced interest income, led to a loss for Agnico-Eagle Mines (age-t) in the second quarter.The company recorded a net loss of $1.2 million (or 3 cents per…



Earnings dip for Agnico-Eagle

Canadian gold producer Agnico-Eagle Mines (AGE-T) reported a net loss of $800,000 for the first quarter ended March 31, down from net income of $1.8 million a year earlier.The company attributed the l…


ODDS ‘N’ SODS — Breaking through at the Eagle

In the late 1960s I was working in the engineering department of Agnico Eagle Mines’ Eagle Gold mine, a new project near the town of Joutel in northwestern Quebec.The mine manager there, Harry Pike, w…


STOCK MARKETS — Gold issues sink on Toronto market

The Toronto Stock Exchange traded heavily but went virtually nowhere in the period Sept. 4-10, closing at 5,147.12, up 4.77 points from the previous week. The average daily volume was in the range of …



OBITUARY — Paul Penna

Paul Penna, chief executive officer and president of Agnico-Eagle Mines, has died. He was 73.The head of Agnico-Eagle for 33 years, Mr. Penna began his career as a seller of penny-stock on Bay Street …


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