Makuch hands over Agnico Eagle reins
A little more than two weeks following the closure of the US$10 billion merger of Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Kirkland Lake Gold, Agnico’s new CEO Tony…
Agnico Eagle Mines
Macassa #4 shaft reaches 1,950 metres, to be completed late 2022
Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) announced that the new, $240 million #4 shaft at its Macassa gold mine reached its planned depth of 1,950 metres on…
Kirkland Lake hits production record ahead of merger with Agnico
Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) ended its final quarter before its combination with Agnico Eagle Mines (TSX: AEM; NYSE: AEM) on a high note – with record production of 380,470 oz. gold achieved across…
Omicron disrupts Agnico’s Nunavut operations
A spike in presumptive Covid-19 cases at its operations in Nunavut have prompted Agnico Eagle Mines (TSX: AEM; NYSE: AEM) to send home its Nunavut-based workforce and temporarily ramp down operations for the…
US markets fall, Nov. 22-26
The Dow Jones Industrial Average dropped 1.97% o 702.64 points to finish the November 22-26 trading week at 34,899.334, and the S&P 500 fell 2.20% or 103.34 points to 4,594.62….
Agnico Eagle raises stake in White Gold
White Gold (TSXV: WGO) has arranged a non-brokered private placement of flow-through and common shares to raise proceeds of $9 million. Pursuant to an investor rights agreement signed in December…
Inflation anxiety — what’s in store
The Q4 edition of The Northern Miner’s Global Mining Symposium on November 17 and 18 was another resounding success. The conference featured a top notch roster of guests from the…
TSX rises, Nov. 8-12
The S&P/TSX Composite index rose 312.70 points or 1.46% to finish the November 8-12 trading week at 21,768.50. The S&P/TSX Global Mining Index gained 5.97 points or 6.12% to 103.55…
Agnico Eagle exploration spending to hit record US$163M in 2021
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) is on track to set a record with its 2021 exploration spending. This year’s budget is now US$163 million, compared to US$113 million…
Site visit: Maple Gold moves the needle at Douay and Joutel in Quebec
AMOS, QUEBEC–Maple Gold Mines (TSXV: MGM; US-OTC: MGMLF) is building exploration momentum at its flagship Douay and Joutel projects in Quebec’s Abitibi gold belt, where it is working with Agnico…
Canadian miners need to create value as M&A picks up
Canadian miners minimized disruption at the start of the Covid-19 pandemic by acting quickly and decisively, leaving many in a good position to benefit from rising commodities prices, particularly gold,…
Agnico Eagle and Kirkland Lake Gold merger likely the last major deal in Canada
The mega-merger of Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) unveiled to the market on September 28 “makes a lot…