Record Financial Results
Agnico Eagle reported record financial results with free cash flow at $1.3 billion, adjusted EBITDA at $1.9 billion, and adjusted net income at $1.94 per share.
Strong Gold Production and Cost Control
Gold production was strong at 866,000 ounces with total cash costs of $933 per ounce and all-in sustaining costs of $1,289 per ounce.
Significant Shareholder Returns
The company returned $200 million in dividends, $100 million in share buybacks, and made $550 million in debt repayments.
Exploration and Operational Achievements
Record gold production and development at multiple sites, including Odyssey and Macassa. Notable 9% reduction in exploration costs per meter drilled.