Reports Q2 revenue $2.81B, consensus $2.7B. Payable gold production1 was 866,029 ounces at production costs per ounce of $911, total cash costs per ounce2 of $933 and all-in sustaining costs (“AISC”) per ounce2 of $1,289. “Our portfolio of high-quality assets continued to deliver exceptional results this quarter, generating record free cash flow, more than doubling the prior quarter. This performance reflects the strength of the gold price environment, our disciplined cost management and the consistency of our operational execution,” said Ammar Al-Joundi, Agnico Eagle’s (AEM) President and Chief Executive Officer. “While delivering record free cash flow, we remained disciplined in our capital allocation – reinvesting in our business, strengthening our balance sheet and returning capital to shareholders. We ended the quarter with a significant net cash position and returned approximately $300 million to shareholders through dividends and share repurchases this quarter. We remain focused on executing on our 2025 guidance and advancing our key growth projects to drive long-term value creation.”
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