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Agnico-Eagle Mines Limited
Type Public
Headquarters Canada Toronto, ON, CA
Key people James D. Nasso
(Chairman of the Board)
Sean Boyd (CEO) &
(Vice Chairman of the Board)
Industry Metal & Gold Producers & Products Manufacturing
Revenue $ 380.66 million (2008)[1]
Operating income $ 95.99 million (2008)[1]
Net income $ 73.17 million (2008)[1]
Total assets $ 3.378 billion (2008)[1]
Total equity $ 2.517 billion (2008)[1]
Employees 2,500 - (Dec 2008)[1]
Subsidiaries United States Agnico-Eagle (USA) Limited (100%)
Mexico Agnico-Eagle, Mexico, SA de CV (100%)
Sweden Agnico-Eagle Sweden AB (100%)
Sweden Riddarhyttan Resources AB (100%)

Agnico-Eagle Mines Limited (TSXAEM, NYSEAEM) is a Toronto based gold mining company, with current gold production located at the LaRonde and Goldex mines in Quebec and the Kittilä mine in Finland. The company has further projects located in Canada and Pinos Altos in Mexico. They have a policy of remaining unhedged.

On February 14, 2007, Agnico-Eagle Mines announced the purchase of Cumberland Resources, a gold mining company developing the Meadowbank project ın Nunavut, Canada. As of December 31 2007, AEM's proven and probable gold reserves were 16.6 million ounces and annual production 230,000 ounces. AEM estimate their gold production will be 350,000 ounces in 2008, 680,000 ounces in 2009 and 1.4 million ounces in 2011 [1].


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