Agnico Eagle: 3 mines operating & 3 new gold mines soon.

Gold production to double to 590,000 ounces in 2009, double again to 1.2 million ounces in 2010.

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Message: BRIEF-Agnico Eagle Mines Q2 earnings per share $0.27

 

2017-07-26 05:07:47 PM ET (Reuters)
   
   

July 26 (Reuters) - Agnico Eagle Mines Ltd

* Agnico Eagle reports second quarter 2017 results; strong operational performance continues; full year production guidance increased; nunavut projects advancing on schedule and budget; positive exploration results at multiple projects

* Q2 earnings per share $0.27

* Q2 earnings per share view $0.15 -- Thomson Reuters I/B/E/S

* Q2 adjusted earnings per share $0.24 excluding items

* Agnico Eagle Mines Ltd says q2 payable gold production was 427,743 ounces, compared to 408,932 ounces in q2 of 2016

* Agnico Eagle Mines Ltd says production costs per ounce for q2 of 2017 were $634, which was essentially same as $625 in 2016 period

* Agnico Eagle Mines -2017 production is now expected to be 1.62 million ounces compared to previous guidance of 1.57 million ounces

* Agnico Eagle Mines Ltd - aisc for q2 of 2017 were 7% lower at $785 per ounce compared to $848 in q2 of 2016

* A gnico Eagle Mines Ltd says forecast for 2017 capital expenditures remains unchanged at $859 million

* Agnico Eagle Mines Ltd - qtrly revenues from mining operations $‍549.9​ million versus $537.6 million

* Agnico Eagle Mines Ltd - full year total cash costs per ounce are now expected to be $580 to $610

* Agnico Eagle Mines Ltd - full year AISC are expected to be $830 to $880 per ounce Source text for Eikon: Further company coverage:

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