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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BREAKING: TransCanna Receives State-Wide Operating License

  • Now owns largest known fully licensed cannabis facilities in California
  • Successfully granted a Type 11 'Distributor' license by the California Bureau of Cannabis Control for its 196,000 square foot Daly Avenue Facility
  • This long-anticipated milestone marks the completion of all state and local licenses required for the Company to begin operations at its flagship cannabis processing facility in Modesto, California

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Hub On AGORACOM / Read Release

 

Message: BRIEF-Agnico Eagle Reports Third Quarter 2018 Results

 

2018-10-24 05:14:18 PM ET (Reuters)
   
   

Oct 24 (Reuters) - Agnico Eagle Mines Ltd:

* AGNICO EAGLE REPORTS THIRD QUARTER 2018 RESULTS; PRODUCTION GUIDANCE INCREASED FOR 2018 AND 2019; NUNAVUT DEVELOPMENT PROJECTS CONTINUE TO ADVANCE AS PLANNED; DRILLING EXTENDS AMARUQ MINERALIZATION AT DEPTH

* Q3 EARNINGS PER SHARE $0.07

* Q3 EARNINGS PER SHARE VIEW $-0.04 -- THOMSON REUTERS I/B/E/S

* Q3 ADJUSTED EARNINGS PER SHARE $0.01 EXCLUDING ITEMS

* TOTAL CAPITAL EXPENDITURES (INCLUDING SUSTAINING CAPITAL) IN 2018 REMAIN FORECAST TO BE APPROXIMATELY $1.08 BILLION

* 2019 GOLD PRODUCTION GUIDANCE IS NOW FORECAST TO EXCEED MID-POINT OF CURRENT GUIDANCE RANGE OF 1.63 TO 1.77 MILLION OUNCES

* PAYABLE GOLD PRODUCTION IN Q3 OF 2018 WAS 421,718 OUNCES AT PRODUCTION COSTS PER OUNCE OF $657

* WILL UPDATE ITS 2019 PRODUCTION GUIDANCE IN FEBRUARY 2019

* AGNICO EAGLE MINES - NOW EXPECT TO PRODUCE ABOUT 1.60 MILLION OUNCES OF GOLD IN 2018, UP FROM CO'S PREVIOUS FORECAST OF 1.5 8 MILLION OUNCES ANNOUNCED LAST QUARTER

* QTRLY REVENUE FROM MINING OPERATIONS $518.7 MILLION VERSUS $580 MILLION

* Q3 REVENUE VIEW $512.1 MILLION -- THOMSON REUTERS I/B/E/S Source text for Eikon: Further company coverage:

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