Gold Giant Agnico Eagle Makes a Critical Minerals Bet | Avenir x Fox River
The Deep Dive May 11, 2026
Summary
Agnico Eagle is diversifying beyond gold by entering the critical minerals space through Avenir Minerals' acquisition of Fox River Resources.
The Martison phosphate project is highlighted as a key asset tied to food security, batteries, and Western industrial supply chains.
This strategic deal signals a broader trend of major miners targeting independent North American igneous phosphate deposits.