Agnico Eagle Mines Limited

The CEO says Agnico Eagle bought El Barqueño in 2014 expecting a large oxide heap-leach opportunity like La India, drilled 225,000 meters over 12 years, and sold because it never became an Agnico-scale asset.
Working with Agnico during due diligence, Luca re-scoped El Barqueño as an underground mine, which the CEO says will be easier to permit and cheaper to build.

Luca Mining's $290 million acquisition of the Cozamin copper-silver mine from Capstone Copper more than doubles near-term production and cash flow. Guest argues Cozamin's AISC (All-In Sustaining Cost — the full cost to produce a pound or ounce) is under $2, leaving several dollars of margin per pound of copper. A second deal buys Agnico Eagle's El Barqueño project in Jalisco for $10 million upfront, adding a low-risk gold-silver development asset. Blue-chip financiers including Wheaton, Macquarie, Taurus, National Bank and a 19.9% strategic investor back the transactions. Guest contends Luca trades near half fair value, with Cozamin cash flow from November 1 funding exploration, development and possible shareholder returns.

I'm Buying These Gold & Silver Stocks 'Hand Over Fist': John Feneck

Commodity Culture

4 days ago 30:57

John Feneck says the backdrop for gold and silver has never looked better, and he is buying gold equities hand over fist for leverage. He runs a hub and spoke portfolio, holding ETFs like GDX as the core and selling satellite juniors after 200 to 300 percent gains. He expects a 25 basis point Fed hike on December 9, sees gold support at 3,900 to 4,000 dollars and prefers equities over bullion. His picks span BlackRock Silver, the Silver 47 Bunker Hill merger, Triumph Gold, Western Star tungsten and First Phosphate. Gold miners are 0.1 percent of the investable universe, and he sees potential sector rotation when the tech led bull market changes.

They Just Hit Almost Pure Silver in Canada’s Forgotten Silver Capital | DD-on-the-GO Brixton Metals

5 days ago 14:59

Key Highlights

The video notes Cobalt, Ontario is the birthplace of Agnico Eagle, which the host describes as one of the top three biggest gold miners in the world.

Brixton Metals is drilling extraordinarily high-grade native silver at the historic Langis Mine in Cobalt, Ontario, including over 5,000 g/t silver across 20 metres. The best intercept came from ground with no old shafts or historic mining, showing the century-old camp still holds undiscovered veins. Record silver prices, modern exploration technology, and Ontario's new tailings reprocessing rules are together reviving Cobalt's camp economics. Brixton is drilling the Langis tailings pile toward a maiden resource estimate that could generate early cash flow before any new shaft. The company also owns Thorn, a large copper-gold project in British Columbia that has attracted partners like BHP and Ivanhoe Electric.

A Gold Stock Doug Casey Owns, Now 36% Below What He Paid

Experts Roundtable

5 days ago 1:24:24

Reopening the McCabe mine through its ventilation raise cuts planned drilling costs about 95% — 60 holes for $200,000 instead of $9.6 million from surface. Arizona Eagle Mining's historic estimate is about 887,000 ounces at 11.7 g/t (grams per tonne), and lower modern cut-off grades should expand it. CEO Kevin Reid says C$5.5 million in cash covers the US$3.7 million underground re-entry budget, with drilling guided for May or June. Phase 1 surface drilling hit two economic intersections in seven wildcat holes, including a zinc-rich VMS (volcanogenic massive sulfide) copper discovery. The panel flags narrow veins, illiquidity and tax-loss season as near-term risks, while insiders hold roughly half the company.

Lab Report | Oct 7 Deep Dives on Southern Cross, Goliath, Prospector Metals, and Vizsla

6 days ago 1:04:05

Key Highlights

The host notes Fosterville — one of the world's great high-grade gold mines and his benchmark for Sunday Creek — is currently owned by Agnico Eagle, which bought it from Kirkland Lake.
He calls Agnico Eagle one of his favorite major gold mining companies.

Valuing drill intersections per gram of in-situ metal is a quick way to compare high-grade hits and bulk tonnage on equal terms. Closer-spaced infill drilling that lifts grades, as at Southern Cross Gold, signals a system improving like a mine rather than shrinking. Goliath's broad low-grade zones between high-grade veins could suit block caving, bulk underground mining at roughly open-pit cost. A mineral resource estimate published before the mining method is settled can cap a project's value; follow it quickly with economics. Sentiment lags the metals: gold, silver, and copper are in bull markets while junior mining equities still price like a bear market.

White Gold: Largest Drilling Campaign Ever to Grow High-Grade Multi-Million Ounce Resource

8 days ago 9:07

Key Highlights

The CEO describes Agnico Eagle as an excellent partner and a big validation, saying it has opened access to its technical teams and that the two sides are in very frequent conversation with input on White Gold's work.
He says that access is especially valuable because Agnico's miners are, in his view, among the best in the country for northern climates like the Yukon's.

CEO David D'Onofrio says the maiden PEA (Preliminary Economic Assessment — an early economic study) shows a $1.9 billion after-tax NPV at a conservative gold price. It draws on just 60% of the company's 3-million-ounce resource, which management calls the highest-grade deposit amenable to open-pit mining in the Yukon. An 18,000-metre drill program — the largest in company history — is fully focused on growing the four-zone deposit, which stays open in every direction. Shareholders will receive one W2 Critical Minerals share per White Gold share as copper, tungsten and antimony finds are spun into a separate listing. Management expects a new roadway from the Talamore project through its properties to unlock the district, with drill results due through year-end.

Pete Speaks 10/2/26 10:00AM ET

Peter Grandich

11 days ago 15:51

Key Highlights

His case for owning Radisson rests on Agnico Eagle eventually buying it: "I think it's a matter of time to Agno Eagle steps up and buy them. It's still probably 12 to 18 months away."
He would only step in at a discount to the price Agnico Eagle recently paid, saying that buying Radisson "a 10 or 15% below what Agno Eagle recently Paid" "would make me feel good" and would be "a very good purchase".

He reads the soft payroll report as genuine weakness, and says the pre-release futures selloff implied someone already had the number. His Fed call: political pressure weeks before the election blocks a rate hike regardless of the October 14 inflation print. Large deficits, not just inflation, are pushing yields higher as Japan returns as a marginal buyer of US debt. He is bearish major indexes via bear call spreads and sees gold defensively weak while physical demand stays thin. He sets accumulation levels in five mining names — Agnico Eagle, Radisson, North Isle, Group 11 and MLM — and flags uranium for a further pullback.

John Feneck: Why These Critical Metals Will Explode Higher, 'Uncharted Territory' For Gold

Palisades Gold Radio

11 days ago 36:33

Key Highlights

The guest says Agnico is quietly consolidating juniors, holding at least 100 positions of 5% to 9.9% that he is aware of, based on research he did with a former Agnico employee.
He expects Agnico to keep consolidating districts around its producing mines, and points to gold juniors sitting next to Agnico's biggest Canadian operation as the most obvious targets.
Agnico already holds a 27% position in Cartier Resources, which he reads as a strong signal that the company sees value there.
He groups Agnico with the other majors that take 5%, 10% and 20% positions in juniors they like and eventually pull the trigger, so investors want to be positioned before that happens.

The guest keeps gold's bull case intact through a painful consolidation, with $3,900–$4,000 support and $3,600 the next test if it breaks. He argues the Federal Reserve has no more bullets for aggressive hikes, calling current bond yields the highest since 2002. His portfolio uses GDX and GDXJ (gold miner sector ETFs) as a hub, then adds juniors and developers seen as eventual takeover targets. Critical minerals now make up roughly a quarter of his book, anchored by tungsten names as China supplies 81% of world output. He favours Nevada and Colombian explorers over riskier jurisdictions like the Congo, where nationalization concerns warrant a bigger discount.

Lab Report | Oct 1 Deep Dives on Vizsla, Gen Mining, Nine Mile, and Four Nines Gold

12 days ago 1:06:12

Key Highlights

The host says investors see the Agnico Eagle transaction as validation and de-risking for Vizsla, and argues that projects pulled from a busy major's warehouse and given fresh drilling typically perform well.
He rejects the criticism that the deal surrenders too much ownership and adds future dilution and financing obligations.

Vizsla Copper's Palmer project in Southeast Alaska returned high-grade silver, gold and zinc, including a hole hitting 17.69% zinc equivalent. VMS (volcanogenic massive sulfide) deposits can carry several payable metals at once, and Vizsla's AG zone pairs silver and gold with solid zinc grades. Nine Mile Metals added a second rig at its Wedge VMS project in New Brunswick, letting it drill exploration targets while the 2026 program continues at the Wedge mine. Laboucan argues the Bathurst camp is legitimate elephant country, and says a $28 million valuation understates Nine Mile's multiple high-grade targets. Readers should discount the Generation Mining and Four Nines Gold segments — the transcript repeats filler text there, so no substantive news for them comes through.

Pete Speaks 10/1/26 12PM ET

Peter Grandich

12 days ago 14:58

Key Highlights

He calls Agnico Eagle, in his view, the greatest North American mining company in the world if not the world, after it took a large stake in Radisson Mining at $1.07 a share.
He says Agnico has around a hundred billion dollars in the bank and does not need to go back to the equity market.
He expects Agnico to be the buyer that takes Radisson out if the drilling there returns three, four or five million, given how close the project sits to Agnico's own.
He argues Agnico would not put 57 million dollars into a neighbour's project unless it was prepared to buy the company, which is why he wants exposure below Agnico's entry price.

Grandich calls the roughly 20% slide in gold miners since August a normal correction, and blames nervous retail hands — not fundamentals — for the weakness. He would buy Radisson Mining at a dollar or less, betting Agnico Eagle's reported $1.07 stake signals its appetite for a takeover. His largest holding, North Island, needs no outside funding, still holds $90 million, and has a preliminary feasibility study due in about five months. He is watching the next US employment report: a weak print could pull bond rates down and hand gold a rally. He flags uranium stocks as a yellow alert — back to fair value, not yet cheap enough to buy.

Contango Silver & Gold: Low-Capex Direct-Ship Ore Model Yields Big Returns

12 days ago 13:52

Key Highlights

Khunkhun cites Agnico Eagle as an example of sector leadership doing great work in the north, which he says trickles down as rising major valuations drive acquisitions and growing scarcity among juniors.
He counts Agnico among the three super majors (alongside Newmont and Barrick) that consolidation created during the post-2013 metals depression, a shakeout he says left a vacuum in the mid-tier.

President Shawn Khunkhun says Manh Choh's high-grade output self-funds growth, generating roughly $100 million in yearly free cash flow at his $3,700 budgeted gold price. Manh Choh's 2027 guidance: 75,000-80,000 ounces at $1,213-$1,300 cash costs (the direct cost to mine an ounce) as mining shifts into the richer South Pit. The guest argues 2025's rally - gold up 70%, silver 200% - and supportive governments make this mining's best financing market in a century. Management frames the portfolio at about 10 grams per tonne (metal content per tonne), with the new KB estimate lifting indicated silver ounces 93%. Direct shipping ore (DSO - ore sold without on-site processing) needs infrastructure and simple permitting; the guest credits it for Manh Choh's two-and-a-half-year feasibility-to-production timeline.

Gold Royalty: $100m FCF Targeted by 2030 at Spot

Mining Network

12 days ago 25:16

Key Highlights

Griffith names Agnico Eagle among the operating partners behind Gold Royalty's growth assets, describing the group as a 'who's who' of the mining industry - well capitalized and capable of building the assets that will deliver the growth.

Gold Royalty targets 28,000-34,000 gold equivalent ounces by 2030 — a six-fold rise — with 70% of that growth already permitted and built. The president projects about $100 million of free cash flow by 2030 at spot prices against flat G&A near $8 million and no debt. Growth is spread across Cote, REN, Vares, Borborema and Agnico's Odyssey, so no single asset carries the ramp and geopolitical risk stays low. The Vares copper stream reached commercial production under DPM Metals after a six-month mine-plan pause and could soon make copper a quarter of revenue. About $200 million of debt-free dry powder supports busy deal flow, while a sustainable, growable dividend is under internal discussion ahead of buybacks.

Precore Gold: Drilling for a Major Find in Peru's Most Prolific Gold-Copper Belt

SmallCap Asia | 亚洲小盘股

13 days ago 25:41

Key Highlights

Dumas mentions that O3 Mining, which employed a member of Precore Gold's technical team, was acquired by Agnico Eagle.

Precore Gold's re-rating hinges on one 6,000-meter drill program at its Arikepay gold-copper project in southern Peru. Untested since 2017, historical drilling hit 420 meters at 0.91 grams gold per tonne, with 80 meters above 3 grams. A gold envelope 400 meters wide and three kilometers long stays untested, with historic collars spaced 500 meters to a kilometer apart. Crown land and a four-stage permit process keep permitting straightforward, with no Indigenous negotiations required. A $6 million private placement lifted shares outstanding to 63 million; management refused to upsize it to protect dilution.

Grid Metals Delivers “Globally Significant” Cesium Resource Estimate

13 days ago 11:05

Key Highlights

The CEO says Avenir Minerals, Agnico Eagle's critical minerals subsidiary, has 15 days from the resource announcement to signal whether it will exercise its option to lift its equity stake in Grid to 19.99%, and he expects it to come in on a placement.
Under the Falcon West joint venture, Avenir can earn up to a 30% project interest, a minority position from a major that the CEO calls rare and a strong endorsement of the project.
Agnico itself initially funded a Grid placement on an anonymous basis (visible in Grid's press releases) after Grid approached the major with its Falcon West drilling plans.
The CEO credits Avenir with mine-development and market expertise that reinforces his view that cesium is a major opportunity, in a niche market that investors find hard to read.

CEO Robin Dunbar calls Grid Metals' maiden Falcon West cesium resource globally significant — about three times the size of Power Metals' Case Lake. Cesium (a rare metal for atomic clocks and drilling fluids) has only been found in six deposits, and China controls 85 to 90% of supply. The resource sits right at surface, so it suits conventional open-pit mining, and a dry crush-and-sort process avoids water use to speed permitting. Low capital intensity — a rentable crusher and a roughly $1 million ore sorter — supports a quick path to production, with permitting already underway. Agnico Eagle's subsidiary Avenir Minerals can raise its stake to 19.99% now the resource is published, a strategic endorsement from a major miner.

Building a 500,000-Ounce-a-Year Gold Producer | Patrick Downey - Orezone Gold

13 days ago 8:13

Key Highlights

Downey cites Agnico Eagle as a neighboring operator around Orezone's Hava-Hosco project in the Cadillac-Larder break, part of what he calls 'one hell of an address'.

Orezone CEO Patrick Downey calls the past 12 months the best mining sentiment of his 40-year career, with good projects finally getting financed. Downey maps a path from about 230,000 ounces of annual gold production to roughly 500,000 ounces, pointing to Bomboré, Casa Berardi and the development pipeline. He argues the market gives zero value to Heva-Hosco in Quebec, where a 2012 feasibility study showed roughly 105,000 ounces a year over 14 years. The year ahead looks catalyst-rich: a Heva-Hosco study, drill results at Casa Berardi and Bomboré, and a life-of-mine study (a whole-mine plan). Downey says Orezone holds over $100 million in cash with little or no debt and would buy back stock if the discount persists.

Dave Erfle - Gold & Gold Stocks: Beaver Creek Recap, Metals Technicals, Recent M&A

The KE Report

14 days ago 19:04

Key Highlights

Luca Mining picked up the El Barquinho asset from Agnico Eagle as one of its two conference-season acquisitions, the hosts note.

Beaver Creek was record-busy and juniors arrived cashed up, increasingly choosing to build projects themselves rather than sell, reshaping takeover dynamics. Seniors have repaired balance sheets, paid down debt and paid dividends, so replacing depleted ounces through M&A becomes the logical next step. Artemis's takeover of Vista Gold values Mount Todd's 10.5 million in-ground ounces near $37 each, a take-under reflecting the deposit's hard-rock difficulty. Gold's pullback may extend toward $3,950-$4,000 support if inflation runs hot and hike odds build, with GDX 85 and GDXJ 110 gaps in play. Erfle screens explorers for district-scale land packages, serially successful management, and projects over 5 million ounces that could attract a major.

Gold Giant Bets $57M on a 4-Million-Ounce Target | Matt Manson - Radisson Mining

14 days ago 9:04

Key Highlights

Agnico Eagle made a C$57 million strategic investment for a little over 10% of Radisson, announced about a month before the late-September 2026 interview.
Manson says the stake followed Agnico's deep-dive technical due diligence and validates the work done by the Radisson team and the quality of the O'Brien asset.
He ties the move to Agnico's consistent camp approach of growing existing assets with surrounding opportunities: O'Brien sits in the original Agnico camp in Quebec's Abitibi, next to the Laurent mine — the closest neighbor at about 3 kilometers and the only mine Agnico had 25 years ago.
The investment is designed to support the underground exploration ramp, with a technical committee overseeing and consulting on that infrastructure work.

Agnico Eagle's C$57 million investment for a 10 percent stake validates the O'Brien gold project's scale after the major's deep technical due diligence. O'Brien's resource has grown from roughly 900,000 ounces in 2023 to 2.3 million ounces, with an eight-rig drill program targeting three to four million ounces. The investment funds a first modern underground ramp — about 300 meters deep — to test mineralization continuity, ground conditions, and mining methodology. Management prioritizes growing the resource before updating its preliminary economic assessment (PEA — an early-stage mine study) built on a smaller resource. Conference floor signals: about 80% of Beaver Creek attendees were investors this year, with high-net-worth money moving from real estate and tech into gold.

John Florek: Every Single Drill Hole Has Hit Gold Since 2023

VRIC Media

14 days ago 40:01

Key Highlights

The guest says Agnico Eagle acquired all of Kirkland Lake after the Detour Lake models made that mine profitable, and that Detour Lake is now Agnico Eagle's flagship.
He says Agnico Eagle borders Emperor's Lac Pelletier claims and has already outlined three million ounces on the same structure, in a deposit he names as Wasmak.
Agnico Eagle owns the Holloway mine and has it on care and maintenance, and his account of that closure does not reconcile on dates: shut in 2019, blamed on the pandemic, with a 2021 restart planned that the Agnico acquisition then prevented.
The host says Agnico Eagle is headquartered in the district, relays its CEO saying southern Abitibi is bigger than Nevada for US investors, and calls Agnico the darling of the gold space right now.

Emperor Metals paid for this interview, so every project figure here is the company's own promotional case, not independent verification. The guest says machine-learning grade models added 20% more gold through Detour Lake's mill at the same rock tonnage. Lac Pelletier sits at 227,000 ounces; the guest targets 400,000 and pushed production to late 2028 after a Quebec engineer strike. Duquesne West's 1.46 million ounces are all inferred; the guest's deeper vision shifts from three-to-five million ounces to two-to-three times, then three-to-ten. Treasury holds about $5 million, drilling restarts mid-October, and roughly 40% of the last program's assays remain outstanding.

The Gold M&A Wave Will Create 10-Baggers | Tim Clark - Fury Gold Mines

14 days ago 8:32

Key Highlights

Tim Clark argues majors like Agnico Eagle are earning billions in margins at current gold prices and must deploy that cash, which he sees as the fuel for the coming junior M&A wave.

Large gold producers are sitting on billions in cash but must replace depleted reserves, which Tim Clark says sets up a coming M&A wave. The guest argues junior gold stocks historically return 10 to 15 times once takeover deals start, because cashed-out investors must redeploy into a small market. Fury Gold Mines pairs the Committee Bay project in the Arctic with Eau Claire in Quebec, sited beside the Éléonore mill. Eau Claire's earlier study used $2,400 gold and showed up to $800 million with toll milling; Clark hopes higher prices lift those figures. Watch for fall drill assays, a November metallurgical update, December resource updates, and a prefeasibility study (a detailed economic study) in the first quarter.

Why Agnico Eagle Wants 22% of Vizsla Copper | Peter Mercer

15 days ago 5:46

Key Highlights

Gold Giant Bets $57M on a 4-Million-Ounce Target | Matt Manson - Radisson Mining

The guest says Agnico Eagle has taken a 19.9% all-share stake in Vizsla Copper, rising to 22% once Vizsla's AGM passes.
Per the guest, Agnico wanted an operator already based in Alaska - Vizsla, via the Palmer Project - that could eventually advance Agnico's Delta project south of Fairbanks, which carries a historical resource but has not been pushed forward in roughly 10 to 15 years.
The guest says Agnico was seeking copper exposure and an equity interest with upside participation in a copper explorer, rather than investing a fixed nominal amount.
There is no required holding period, but Agnico has the right to participate in future financings through the end of the year and into the new year to maintain its 19.9% position.

Vizsla Copper's Peter Mercer argues copper's strength is just beginning as EV, battery and clean tech demand rises while mines get deeper and lower grade. Agnico Eagle takes about 19.9% of Vizsla Copper in an all-share deal for the Delta and Helm Bay projects, rising to 22% after shareholder approval. The guest says Agnico sought copper exposure and an Alaska-based operator, taking equity alignment rather than cash plus rights to join future financings. Newly staked Miller copper-gold project sits beside the producing Mount Milligan mine, where Mercer sees porphyry systems (large deposit types) continuing onto Vizsla ground. Vizsla's biggest drill program yet spans 40,000 metres across Alaska and British Columbia, with Alaska assays due over the next two to three months.

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Agnico Eagle's C$57 Million Lesson in the Camp Strategy: What Its 10% Stake in Radisson Mining Signals

Agnico Eagle paid C$57 million for roughly 10% of Radisson Mining, whose O'Brien gold project sits about 3 kilometers from Agnico's Laurent mine in Quebec's Abitibi, Radisson CEO Matt Manson said on The Deep Dive. He framed the investment as validation of the asset and a continuation of Agnico's long-running camp strategy, with the money funding a new underground exploration ramp.

14 days ago

The Quiet Money Printing Has Already Started - Jesse Day

Jesse Day's One Gold Stock: Why Agnico Eagle Is His Top Pick Among the Majors

Jesse Day argues gold miners have barely outperformed bullion despite record gold prices, making the majors attractive, and names Agnico Eagle as his top risk-reward pick. He cites a deep, collaborative management bench, says he bought shares recently, and believes the stock could double or triple over two to five years.

3 months ago

Robert Sinn –Technical / Fundamental Setup In Gold, Silver, & Precious Metals Stocks Heading Into Q3

Robert Sinn: Agnico Eagle's bounce off $150 support sets up a Q2 earnings test

Technical analyst Robert Sinn says Agnico Eagle (AEM) bounced off major support at $150 on the NYSE and stays a cash generator with sub-$1,500 all-in costs even at about $4,000 gold. With miners priced for a lower gold price, he sees Q2 earnings as a potential rerating catalyst and would average down at support.

3 months ago

Ammar Al-Joundi, CEO of Agnico Eagle Mines Limited | Rule Symposium 2026: Rick Rule interviews

Agnico Eagle's Next 1.5 Million Ounces Come From Mines It Already Found

CEO Ammar Al-Joundi laid out a growth plan adding about 1.5 million ounces of annual production from four already-permitted projects, led by plans to push both Detour and Malartic past one million ounces a year. He also argued that NPV math undervalues multi-decade mines, and described a six-years-in-the-making, three-company consolidation in Finland.

5 months ago

Rick Rule: The Reason to Exit Silver, What Rick is Buying & Why Copper is Still a 'Coiled Spring'

Rick Rule on Agnico Eagle: The Same Stock at a Higher Price Is Still Cheaper Than Before

On Palisades Gold Radio, Rick Rule calls Agnico Eagle one of three senior gold miners he is actively buying, arguing the shares are cheaper today than at half the current price because every dollar of the gold price move has flowed straight to margin.

9 months ago