Agnico Eagle (TSE:AEM) has released an update.
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Agnico Eagle Mines Limited reported a third consecutive quarter of record free cash flow due to robust operational performance and strong gold prices, with over half a billion dollars generated in Q2 of 2024. The company also reported strong gold production, notably from their Canadian Malartic, LaRonde, and Fosterville mines, and reiterated its 2024 production and cost guidance. Investments into key projects like the Detour Lake underground and Upper Beaver projects are expected to drive future growth with significant risk-adjusted returns.
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