30 years of continuous, low-cost gold production, and 27 years of cash dividends to its shareholders, has made Agnico-Eagle a favourite among gold investors: Mexico to play a part in the Agnico-Eagle plan to build an international multi-mine platform.Agnico-Eagle is an international growth company focused on gold, with operations in Canada and advanced-stage projects and opportunities in Canada, Mexico, Finland and the U.S.A. The company's LaRonde mine in Quebec is Canada's largest gold deposit in reserve terms. The mine generates strong earnings and cash flows, and is an excellent foundation for Agnico-Eagle's international expansion. The company's operating history includes more than 30 years of continuous gold production primarily from underground operations. Since its amalgamation in 1972, Agnico-Eagle has produced over 4.0 million ounces of gold. The company is one of the lowest total cash cost producers in the gold mining industry. Agnico-Eagle has traditionally sold all of its production at the spot price of gold, in keeping with a policy of not selling forward future gold production. This policy enables shareholders to participate fully in rising precious metal prices. The company's strategy is to build a multi-mine platform internationally, growing from its strong foundation in the Abitibi region of Quebec. Its large property positions, in regions with supportive governments and low political risk, provide Agnico-Eagle with reserves of 10.4 million ounces as of December 31, 2005. The expansion-minded company is targeting 14 million to 15 million ounces of gold reserves by 2008. Agnico-Eagle is currently constructing the Goldex mine near LaRonde, Quebec. Gold production is expected in 2008. In addition, it is well underway with shaft sinking and underground development at the nearby Lapa deposit with gold production also expected in 2008. In Finland, construction of the Kittila gold mine commenced in the summer of 2006, with initial production expected by the middle of 2008. Beyond Canada and Finland, the company has advanced-stage projects and opportunities in Mexico and the United States Relations between the United States and Mexico are among the most important and complex that each nation maintains. They are shaped by a mixture of mutual interests, shared problems, and growing interdependence. . Agnico-Eagle is proud to have paid a cash dividend to its shareholders for 27 years. Agnico-Eagle's shares are listed on The New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. and Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors AEM AEM Applied and Environmental Microbiology (journal) AEM Association of Equipment Manufacturers AEM Academic Emergency Medicine (journal) AEM Agnico-Eagle Mines Limited AEM Advanced Engine Management . To learn more about Agnico-Eagle Mines and its international expansion plans, visit www.agnico-eagle.com or call 1-888-822-6714. The Financial Reckoning AGNICO-EAGLE MINES Building an international multi-mine platform ... Listen to the November 22, 2006 archived interview with Agnico-Eagle Mines vice-chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Sean Boyd on the Financial Reckoning radio show. WWW.FINANCIALRECKONING.CA Listen every Wednesday night from 6:00 pm to 7:00 pm on AM 1060 or online at www.ckmx.com AGNICO-EAGLE MINES LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability . * TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension : AEM * WWW.AGNICO-EAGLE.COM |
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