Agnico Eagle Mines Reports Record Third Quarter 2025 Results
Agnico Eagle Mines Limited announced its financial and operating results for the third quarter of 2025, reporting record adjusted net income of $1,085 million or $2.16 per share. The company achieved strong gold production of 866,936 ounces, with production costs per ounce of $963, total cash costs per ounce of $994, and all-in sustaining costs (AISC) per ounce of $1,373. The company's financial position was further strengthened by the repayment of $400 million in long-term debt and an increase in cash and cash equivalents to $2,355 million. Agnico Eagle reiterated its full-year 2025 gold production guidance of 3.3 to 3.5 million ounces and expects total cash costs and AISC to trend towards the top end of their respective guidance ranges due to higher gold prices. The company also declared a quarterly dividend of $0.40 per share and repurchased 1,005,577 common shares under its normal course issuer bid.