Agnico-Eagle: Recent Stock Price Blip Due to Expenditures on New Mines

Agnico-Eagle Mines Limited (AEM), one of our favourite gold producers has seen its stock price trade in a lacklustre way recently. Sean Boyd, CEO of Agnico-Eagle explained (if you can find the time this clip is worth watching on BNN, please click here) the company’s mining projects and future prospects. The recent blip in the [...]

Best Gold Stocks 2009

Some of the best gold stocks 2009 are what the big mutual funds are investing in. The USAA precious metals and mineral fund has AngloGold Ashanti Limited ADR, Randgold Resources Ltd. ADR and Newcrest Mining Limited as three companies that are in the top four stock assets for their fund. This is a total of [...]

Agnico-Eagle poised for growth with $900m in credit lines

Canadian gold miner Agnico-Eagle Mines, which plans to double gold production this year and again in 2010, has executed a new revolving credit facility that increased its total credit lines to $900-million. "The new facility provides Agnico-Eagle with additional liquidity for internal expansion opportunities, as well as financial flexibility to deal with potential investment opportunities [...]

Gold miner Agnico Eagle triples credit facility

Agnico Eagle has organised a new $600 million revolving credit facility which will give it more liquidity for expansion opportunities Read more….

Agnico Eagle proving up new gold reserves via directional drilling co-operation

Canadian gold miner, Agnico Eagle, is proving up new probable reserves at its Kittilä gold operation in Finland via a programme involving directional drilling off existing drillholes. Read more….

Agnico-Eagle reports record quarterly gold production

Agnico-Eagle says three new gold mines remain on schedule, as the company reported record gold production during the first quarter. Read more….

Barrick and Agnico-Eagle – Yin and Yang Gold Stocks

Hard Assets Investor submits: By Brad Zigler Barrick Gold Corp. (NYSE: ABX) and Agnico-Eagle Mines Ltd. (NYSE: AEM) both release earnings Wednesday. Besides cranking out gold, that’s about all these two companies have in common. Taken together, they’re a study in contrasts; the yin and yang of gold miners. That’s made manifest in the companies’ [...]

Agnico-Eagle reports strong results

Agnico-Eagle Mines has reported its results for the fourth quarter of 2008, in which its net income was $21.9 million (£15.3 million). The company reported that it achieved record production levels in the three-month period of 89,360 ounces, contributing towards an overall record annual total for 2008 of 276,762 ounces. Vice Chairman of the firm [...]

Agnico-Eagle profit plunges

Agnico-Eagle Mines Ltd. [AEM-T]said Wednesday its fourth-quarter profit fell by two-thirds, as higher mining costs and plunging base metal prices offset the impact of higher gold production. Read more….