PRECIOUS METALS

Agnico profits to grow as investments deliver

Profits are forecast to grow at Agnico Eagle Mines as investments start to deliver and cash costs come down, company president Ammar al Joundi, president has told Mining Journal at PDAC 2020 in Toronto.

Paul Harris in Toronto
Gold pour at Agnico Eagle's Meliadine mine in Canada

Gold pour at Agnico Eagle's Meliadine mine in Canada

"Our profitability and margins are going to increase quite a bit over the next few years," he said. "We are continuing to grow, bringing in new mines, bringing in higher grade mines. We are operating...

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