Recent Updates — AEMRF

Agnico Eagle reported third-quarter net income of $1,352.9 million ($2.67 per share), up from $1,054.9 million in the prior-year period, driven by a 22.7% increase in realized gold prices to $4,264 per ounce. Gold production decreased 6.1% to 814,012 ounces due to lower output at Canadian Malartic following a July rock mass movement and reduced grades at Meadowbank. The company updated its full-year 2026 guidance, maintaining the low end of the 3.3–3.5 million ounce production range but raising cost expectations near the upper end of $1,020–$1,120 per ounce for total cash costs and $1,400–$1,550 for all-in sustaining costs due to input pressures and remediation expenses. Agnico Eagle is a senior Canadian gold mining company with operations in Canada, Australia, Finland, and Mexico.

Agnico Eagle Mines Limited announced on August 24, 2026, that it entered into a subscription agreement with Radisson Mining Resources Inc. to acquire 53,420,000 units in a non-brokered private placement at C$1.07 per unit for total consideration of C$57,159,400. Each unit consists of one Class A common share and one-half of a warrant exercisable at C$1.39 per share for sixty months. The transaction is expected to close on or about September 2, 2026, subject to TSX Venture Exchange approval, upon which Agnico Eagle will hold approximately 10.45% of Radisson's issued and outstanding common shares. An investor rights agreement will grant Agnico Eagle board nomination rights and pre-emptive purchase rights to maintain ownership up to 14.9%. This strategic investment aligns with Agnico Eagle’s strategy of acquiring positions in high-potential mining opportunities. Agnico Eagle is a major gold producer operating mines across Canada, Australia, Finland, and Mexico.