Agnico-Eagle Company Description
Even in bad times, Agnico-Eagle Mines has always followed its own version of the Golden Rule: Gold rules. The Canadian gold producer's focus is its LaRonde Mine in Quebec, which produces about 250,000 ounces of gold and holds around 4.5 million ounces of gold in proved and probable reserves. The company also produces copper, zinc, and silver as by-products of its gold mining. Agnico-Eagle on the whole controls more than 12 million ounces of reserves. Through its Contact Diamond unit (formerly Sudbury Contact Mines), the company conducts diamond exploration at properties in Ontario, Quebec, Nunavut, and the Northwest Territories. And, in 2008, its Mexican gold mine, Goldex began production.
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The Company Description provides a historical perspective of Agnico-Eagle's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Agnico-Eagle's evolution in the marketplace.
