Agnico-Eagle reduces losses
Higher gold production and lower cash costs helped Agnico-Eagle Mines (AGE-T) trim its second-quarter loss to $1.1 million from $3.4 million a year earlier.The company’s LaRonde mine near Val d’Or, Qu…
LaRonde Mine
Golds enjoy relief from usual slump
The plunging technology stocks led the Toronto Stock Exchange downward over the report period Feb. 21-27, even as most other sectors moved higher. The TSE 300 composite index lost 170.99 points, or 2….
Agnico-Eagle further expands LaRonde
Continued exploration success by Agnico-Eagle Mines (AGE-T) at its LaRonde mine in Quebec has pushed up the global resource by 28% to a record 7.8 million oz. gold plus byproduct silver, copper and zi…
Alma, Magnola startups highlight year in Quebec
While there were no mine openings in Quebec in 2000, the industry could draw some cheer from the startup, in the latter half of the year, of two major metallurgical plants.In October, just 32 months a…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Gold drops, nickel leadsrally in base metals
The Oct. 13-19 report period saw a third week of declines in the gold price, with the yellow metal diving US$10.75 to US$309.75 per oz. on the London morning fix of Oct. 20.Though gold’s weakness took…
INVESTMENT COMMENTARY — Agnico-Eagle Mines gets nod from National Bank Financial
Just before gold prices soared well above US$300 per oz., research analysts from National Bank Financial paid a visit to the LaRonde gold mine in northern Quebec. They came back impressed and issued a…
Agnico funds expansion
The planned expansion of the LaRonde gold-copper mine in northwestern Quebec moved one step closer to reality recently, with Agnico-Eagle Mines (AGE-T) entering into a revolving bank facility with Bar…
MINING MARKET & INVESTMENT NEWS — EASTERN MARKETS — Broad market takes hit as metal prices improve
Growing concern of another interest rate hike south of the border crossed over to the Toronto Stock Exchange, causing the TSE’s 300 index to plunge 198.99 points during the report period Aug. 25-31. T…
Careers (August 30, 1999)
Division ManagerWe are a leader in the design and manufacture of underground mining equipment and are looking for an individual to assist in our growth strategy as it relates to the design and marketi…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Yellow metal regains ground as nickel prices show strength — Franco- and Euro-Nevada post gains as yellow metal recovers
Riding on the back of stronger metal prices, the Toronto Stock Exchange 300 index gained 10.61 points during the report period July 28-Aug. 3 to finish at 7,033.30.The biggest news of the week was the…
Agnico-Eagle mired in red ink
Agnico-Eagle Mines (AGE-T) racked up more losses during the second quarter, due in large part to falling gold and copper production from its Laronde mine in northwestern Quebec.During the second quart…
Partners hit sulphides at Duck Pond
The first two infill holes drilled at the Duck Pond base metal project, southeast of Buchans, Nfld., have intersected sulphide mineralization over substantial widths.The drilling program, mounted by j…